Before the carnage took hold, I sold AAPL @ $272.14......
What a day, which I have been warning for months.....
Yesterday, I had very strong negative conclusion based on many ongoing technical issues, thus my first foray into " bear NVDA ETF single X "
This REVERSAL is very serious & ALWAYS requires " less exposure only in strong stocks "
Also I doubled again BIDU my cost is $113.95
I also bought GGLL @ $92.80......
Here is the weighting and 35% exposure with house money :
TSLL 45.60%
BIDU 27.37%
GGLL 27.03%
BLOG does NOT give buy or sell,
7 comments:
Hi Saleem,
Good luck with added positions on the dip! Your reduced exposure generally has served you well...
Stocktrader
Hi Salem,
Good luck with GGLL.. Thank you for the markets input. Much appreciated sir!
Simon
Hi Stocktrader,
Any recommendation holding on ASPI or sell it for loss? Thank you!
Simon
The conference call this morning was fine, every program still on track with product sample shipping and customer validation going as planned. They recently raised capital through the South African IPO so they should be good there also. It's just general market pressure on the stock. I am looking to buy some short term call options actually as I expect reiteratively positive analyst recommendations next week.
Hi Stocktrader,
Thank you for the valuable informationš
Simon
Hi Salem & Stocktrader,
Sold APPL and bought more of ASPI & PONY.
Simon
Good luck on the rotation - price action is still fairly poor but we think about upcoming catalysts...
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