US stock market marching to its own rhythm....

 US stock market has surprised many by making new all time highs but also in many stocks.

AMD is the new star on AI horizon, skeptics keeps pointing to old PE comparison with NVDA?

NVDA & AMD are 2 different stocks with different focus on growth & currently AMD has MOMENTUM & FOMO

AMD has outperformed NVDA by horrendous %...still no one believes it....

US market is getting ready to reward old AI winners wit new Q results....

MU is next on deck with Wednesday night delight....

US stock market is clearly showing where the growth IS and where money can be made....

Here is how my last week ended :

Last week                   UP 17.54%

YTD                             UP 99.62%

Here is my portfolio weighting on 225% exposure...highest in many many years:

AMDL                                 26.66%

GDXJ                                  24.93%

SLVR                                  18.49%

MU.TO                                  9.00%

SPAX                                     6.31%

MVLL                                    5.61%

GGLL                                    4.72%

SNDU                                    4.28%

Please note that my gold & silver exposure stands @ 43.42% of my portfolio......

BLOG does NOT give buy or sell.

Saleem

US stock market in bull mode.....

 US stock market has finally gotten over Fed phobia, not all interest rate hikes are the same.

More clarification coming this week from Fed speak, stay tuned,

AI & Semis has completed its digestion / pullback / correction....all clear for now...

AI fear is @ its speak in terms of what it can do IF not properly placed in a " sandbox "

Many experts are debating potential controls which IS a good thing.

We should see a good October to January time in stock market based on historical trendline, increasing exposure may not be a bad idea.

Here is how my last week ended :

Last week               UP 20.44%

YTD                        UP 82.08%

Here is my weighting on 163% exposure :

GDXJ                          35.46%

AMDL                         29.38%

MU.TO                        11.69%

GGLL                            6.80%

MVLL                            6.79%

SNDU                            6.08% 

SPAX                             3.82%

BLOG does NOT give buy or sell.

Saleem

US stock market ready to rally…

 US stock market has just about discounted just about every known challenges in the last 6 months.

With new Fed Chief and expected hike, we should rally after that much awaited decision on Wednesday.

Some war goes on & on like Ukraine 

Iran situation may be facing similar drag.

But investing / trading may be much more challenging.

No more simple buy & hold or day trade environment.

Many AI themes have been played out already, they are all mature trades 10% +-

So it’s back to basics

Study fundamental first then technical picture, combination of both should be productive.

Here is how my last week ended :

Last week              UP 6.11%

YTD                     UP  61.64%

Here is my portfolio weighting on 129% exposure:

AMDL                            31.98%

GDXJ                            19.47%

MU.TO                         14.22%

SPAX                           11.56%

MVLL                            8.13%

GGLL                            8.12%

SNDU                           6.52%

BLOG does NOT give buy or sell.

Saleem 

US stock market stable despite many challenges.....

 US stock market showing resiliency despite sky high inflation worldwide and interest rate hike is in the air, these are not very desirable environment for a roaring stock market.

Iran remains in focus.

Shipping is disrupted with higher shipping rates.

Trade fiasco continues between US & Canada.

World politics is in a flux.

BUT AI related stocks have regained some footing and much more to go.

Best way to approach this stock market is to have long term vision, not a day traders market @ all.

Keep your expectations low, expect 8% gain in a year IF you are lucky.

Here is how my last week ended :

Last week                     down 3.87%

YTD                                UP 55.53%

Here is my portfolio weighting on 117% exposure :

AMDL                                 30.32%

GDXJ                                  22.03%

MU.TO                                16.31%

GGLL                                     8.95%

SNDU                                     8.20%

MVLL                                     8.09%

SPAX                                      6.10%

PS...today I got my laptop going, still trying to settle in a very different culture in Karachi Pakistan.

BLOG DOES NOT GIVE BUY OR SELL.

SALEEM

NVDA in driver seat of AI phenomenon…

 US stock market is in overdrive again thanks to NVDA giving most bullish guidance not just for next Q BUT for next year.

NVDA guidance is so strong that other AI leaders are being ignored and actually lower across the board.

US stock market VIX in 14 area is a remarkable indicator of how bullish is market undercurrent.

Stay well diversified and show conviction and patience in your AI plays, they keep taking turns in making new highs despite current malaise.

Here is how my last week ended:

Last week       Down 10.70%

YTD.                    UP 58.40%

Here is my weighting on 78% exposure:

AMDL.                       47.59%

MU.                            24.52%

GGLL.                        15.42%

MVLL.                        12.53%

SNDU.                           9.97%

BLOG does NOT give buy or sell.

Saleem 

US market waiting nervously for NVDA earnings…

 US market is extremely jittery ahead of NVDA earnings on Wednesday.

NVDA beat is a given BUT needs to explain all the funding given to many buyers.

I expect NVDA to assure market that there is no more focus on funding anymore purchases or long term commitments.

NVDA guidance to be above expectations.

AI correction was severe as many memory and storage stocks have been beaten down BUT that may change going into Q3 and Q4 strong quarters.

Here is how my last week ended:

Last week down      14.29%

YTD UP                   69.10%

Here is my weighting on 77% exposure:

AMDL                      46.06%

MU.TO                     14.59%

MVLL                       14.29%

GGLL                        14.24%

SNDU                        10.82%

BLOG does NOT give buy or sell.

Saleem 

 

US markets heading into series of new highs…

 US stock market has regained its strength and is heading into series of new highs.

AI related stocks are back in favour and may reach all time highs sooner than later.

Semiconductor stocks are back in favour also.

Correction was fast & severe to many stocks but recovery has started.

A well diversified portfolio is the-best way forward.

Here is how my last week ended :

Last week        UP 10.77%

YTD.                UP 83.39%

Here is my portfolio weighting on 38% exposure :

AMDL.                  36.53%

MU.TO.                 29.75%

GGLL.                   29.03%

MVLL.                     4.69%

BLOG does NOT give buy or sell.

Saleem