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

Bought ONDL @ $5.42

 Bought ONDL @ $5.42

Portfolio ARMA GDXJ GGLL IONL ONDL SLVR

BLOG does NOT give buy or sell.

Saleem

US market rally running out of steam.....

 US stock market is rallying hard on good inflation data, BUT it may not last.

Inflation is very sticky and may not ease anytime soon....

Try to take advantage of any rally / strength as booking profit has to be " job 1 "

This market is tough for most traders as rally is extremely narrow....

Strategic trading must be in focus ...

Go for quick trade and wait for next opportunity.....

Nothing is predictable or seasonal any more, market has changed completely....

Here is how my last week ended :

Last week              down 5.41%

YTD                          UP 94.21%

Here is my portfolio weighting on 193% exposure :

GDXJ                             38.99%

SLVR                             28.75%

GGLL                            15.73%

ARMA                             8.50%

IONL                               8.03%

BLOG does NOT give buy or sell.

Saleem

Sold SPAX @ $10.95......

 Sold SPAX @ $10.95

BLOG does NOT give buy or sell

Saleem