Nasdaq gets NO RESPECT.....

 US stock market has seen freefall of the worst kind in last 18 months, it has been the-worst slump of last 18 months....

IF it seems painful & equity disappearing, you are NOT alone....

Most US technology stocks have shed 50% of their gains, NOT something you want to ever face BUT every decade history repeats itself....

Reasons are many for this slump, Fancy Financing, Hyper Inflation & a war which made NO SENSE

Add the above 3 it was inevitable that even " stock market couldn't take it anymore "

NOW that the FLUFF is gone & several trillions in equity got evaporated, sobering reality should take hold. 

First of all, a more responsible approach to all AI related development, be it " agentic containment or Planning a data Center " all are on the table again, no more RUSH RUSH RUSH @ all cost.

GRINGO approach is gone

Pragmatism is IN

NOT ALL WAS WELL, many voices which was being IGNORED & RIDICULED

For all the financial damage which was done, some good should come out very quickly.

As to the US stock market, Monday close should do a RETEST of lows from Thursday, how we close for next whole week will be CRITICAL.

As for as portfolio is concerned, a much more diversified approach is PRUDENT....

Here is how my last week ended :

Last week                           UP .38%

YTD                          DOWN 7.25%

Here is my portfolio weighting on 134% exposure :

GDXJ                                   37.43%

SLVR                                   25.38%

AMDL                                  20.12%

SPAX                                  10.04%

GGLL                                    7.03%

BLOG does NOT give BUY or Sell.

Saleem

US stock market in full blown " bear TAPE "

 US stock market has displayed a classic bear market.

TAPE has been sloppy for months...

Currently US stock market is in full blown " bear tape "

The only way to deal with bear TAPE is to reduce exposure & reduce expectations.

The way this market is behaving, It IS hard to predict that even 200 DMA will hold.

Stay with HIGHEST CONVICTION stocks & show PATIENCE

Nothing is expected to change anytime soon.

Here is how my las week ended :

Last week                        down 5.27%

Here is my portfolio weighting on 134% exposure :

GDXJ                                       32.69%

AMDL                                      27.02%

SLVR                                       23.30%

SPAX                                       10.25%

GGLL                                        6.74%

BLOG does NOT give buy or sell.

PS...Finally I have moved to a desirable location, based on my preference. Was without internet since 31st October, thus 2 days delay in my weekly report.

Saleem

US stocks in deep bear market action....

 US stock market is in a drip drip lower mode breaching every moving averages with conviction.

Where is the support IS the big question.....

Support may be around 200 DMA.....

Except for Oil, Healthcare related stocks its all downhill.

What is required is extremely high CONVICTION & PATIENCE which is in short supply these days.

You must look forward 30 days from here and know what MAY work, that takes lot of doing, deep analysis and technical know how.

Here is how my last week ended :

Last week  Down 11.46%.....

Here is my portfolio weighting on 200% exposure, high exposure based on my belief in Gold & Silver which has about 54% weighting:

GDXJ                   31.33%

AMDL                  26.48%

SLVR                   22.52%

SPAX                   11.36%

GGLL                    8.31%

BLOG does NOT give buy or sell.

Saleem 

US stock market in " bear mode "

 US stock market has made a complete U TURN form super bull market to "BEAR market "

Many top AI related stocks have turned sharply lower almost 40% lower....    

A bear market is confirmed @ 20% lower...

This does NOT bear well for year end results....which could be further down down...

There is NO sign of strength in any of leading AI or non AI stocks.....

Leadership is totally undefined @ this stage...

Just REDUCE your exposure is the first step, as not too many can withstand more losses which could come quickly.

Here is my result from last week :

Last week              Down 15.5%

YTD                           UP 73.71%

Here is my portfolio weighting from 190% exposure

GDXJ                             41.45%

AMDL                            21.43%

SLVR                              19.11%

GGLL                               7.74%

SPAX                               7.00%

ARMA                             3.27%

BLOG does NOT give buy or sell.

PS...there was internet issue thus 1 day delayed BLOG.

Saleem

US Stock market hard for traders....

 US stock market is giving a " new reality check to traders "

It NOT easy to trade anymore...

From seasoned technical traders to average traders, It has been a " rough ride "

US market has completely changed, nothing follows technical or fundamental patterns, its SPURTS & FADES

Only way I have managed, I stayed with few stocks which has done well.

SO

Figure out what is working most of the time.....

Here is how my las week ended :

Last week                     Down 5%

YTD                                UP 89.21%

Here is my portfolio weighting on 194% exposure :

AMDL                                   28.47%

GDXJ                                    27.38%

SLVR                                     19.97%

GGLL                                     11.46%

MU.TO                                    8.30%

ARMA                                      4.42%

BLOG does NOT give buy or sell.

Saleem

Sold IONL, ONDL & added everything into AMDL

 Sold IONL @ $13.34

Sold ONDL @ $4.80

Put all proceeds & more into AMDL average cost $86.73 ..my largest position.

Portfolio AMDL ARMA GDXJ GGLL SLVR

BLOG does NOT give buy or sell.

Saleem

Bought AMDL @ $86.95.....

 Bought AMDL @ $86.95 in pre market.

Portfolio AMDL ARMA GDXJ GGLL IONL ONDL SLVR

BLOG does NOT give buy or sell.

Saleem