US stock market is changing leadership.....
Financials are doing good....
Healthcare had major move UP
Biotech are moving UP
AI extremely selective....GOOG & TSLA are behaving much better
Quantum Computing just went through major downdraft
Nuclear are testing support despite major push by White House
Bottom line is, It IS all about ROTATION....
Thus " swing trading is the best one can do " daytrading is preferred in a volatile market
DO what comes naturally to you, BUT realize all boats are NOT being lifted
Here is how my last week ended :
Last week UP 3.85%
YTD UP 82.03%
Here is my weighting based on 47% exposure :
GGLL 45.40%
TSLL 44.03%
NFLX 10.57%
BLOG does NOT give buy or sell.
17 trading days left in 2025.....
Saleem
10 comments:
Hi Saleem,
Last week: +4.80% (YTD: -27.18%)
Portfolio Leaders: AIP QBTS BKSY(sold) GLUE
Portfolio Laggards: MBX(sold) FATN
It was a good week for the portfolio as the market drifted higher. We are definitely getting into that time of year where not much selling is left to occur, and so incremental buying just lifts a little every day. Some charts are definitely looking stronger, and I think this portends a good few remaining weeks, especially as people start to position for next year's winners. There are few events this week with earnings reports from ORCL and AVGO, and a Fed meeting that is widely expecting a hawkish cut, but barring a disaster, markets will likely see more of the same price action -- the drift higher. I continue to try and rotate into strong stocks and charts, but I'm not always getting it right and missing some big moves (see AEVA's 50% move in just a week). Ultimately though, we try our best and hope our process yields gains in the end.
Holdings: AIP OCC QBTS GLUE PONY ANRO ASPI FATN, cash 0%
Stocktrader
Hi Stocktrader,
Sold NFLX.NE @ $36.60
Saleem
Good luck with next idea!
Hi Stocktrader,
Bought AAPL.NE @ $39.76
Saleem
Good luck with AAPL! Market is definitely in the holiday mood :)
Hi Saleem,
Sold PONY @ 14.12 on still sluggish price action despite high visibility
Bought RKLB @ 53.19 on SpaceX valuation news and better price action
Stocktrader
Arguably ASPI has much worse price action but I feel like it has more opportunity for positive momentum if there's a shift in sentiment due to catalysts and/or year turnover.
Hi Stocktrader,
Good luck with RKLB.....
Saleem
Hi Salem and Stocktrader,
Good luck with AAPL & RKLB..
Simon
Hi Stocktrader,
Sadly I still have ASPI & PONY in my portfolio. I will hold them for now. Thank you for your thoughts and informations.
Simon
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