Sold SLVR @ $70.00 in after hours....
BLOG does NOT give buy or sell.
Saleem
US stock market is in " euphoria mode "
Fear of missing out is rampant
This warrants extreme caution as you may be the last buyer in this runup...
Sometimes It IS wise to " reduce exposure " or sit it out until it cools down....
Any pullback to " support " IS the right entry point....
What is the right entry point...It IS 5 day, 10 day, 20 day, 50 day or 200 day...take your pick..
Many stocks are showing WILD INTRADAY SWINGS that can be the entry point @ low of the day in this WILD UPSWING.....
Technical Knowledge is CRITICAL in this fast moving market where " support & resistance " can be done in 15 minutes....
Here is how my last week ended :
Last week UP 53.70%
YTD UP 69.46%
Here are weighting of my portfolio on 112% exposure :
SLVR 37.61%
CIEN 31.49%
ARMG 10.04%
TSLL 9.56%
BTCC 5.95%
HOOD 5.35%
BLOG does NOT give buy or sell.
Saleem
US stock market is displaying extremely narrow sharp UP move....
US stock market character has changed completely AGAIN....
Any stocks in AI sector showing huge moves mostly UP...
It's a " winner takes it all "
Optical, Memory & Storage are huge winners on a daily basis...
Chips & more Chips are in demand thus " wild run "
There IS a debate IF we are either " overbought or in bubble "
I say currently both......
SO book your profits......
Here is how my last week ended :
Last Week UP 10.37%
YTD UP 15.76%
Here is weighting of my portfolio with 86% exposure :
SLVR 45.51%
QCML 16.05%
ARMG 13.37%
TSLL 10.53%
BTCC 7.73%
HOOD 6.81%
BLOG does NOT give buy or sell.
Saleem