US stock market is " feeling the brunt of war "
We are below 50 DMA ....
Heading fast towards 200 DMA support
Most stocks are breaking down
War is never fun for markets specially IF it DRAGS ON
From every indication, it looks pretty bad....
Stock market has & will suffer more....
Only savior of this market could be the mediator role of China IF it intervenes in this capacity....
In the meantime brace for more bloodshed & mayhem ....
Here is my last week results :
Last week Down 5.87%
YTD Down 19.28%
Here is my weighting on 81% exposure :
GGLL 40.81%
AAPL 23.71%
TSLL 13.23%
HOOD 8.29%
BTCC 7.87%
ZMIC 6.09%
BLOG does NOT give buy or sell.
Saleem
15 comments:
Hi Saleem,
Last week: +2.53% (YTD: +10.27%)
Portfolio Leaders: PDYN NNOX FATN(sold) AEVA ASPI
Portfolio Laggards: SANA AIP
In a selloff week for the indices, the portfolio still performed well as multiple individual names showed strength. What we thought might be a quick end to the hostilities has turned into a longer and messier scenario, and oil went up every single day last week, catching many offsides after the initial small move. While we still hold out hope for a short crisis, every day we don't get some kind of resolution or cessation will create ripples. I do find comfort that some of the smallest stocks are beating to their own drum, with investors taking any opportunity to snap up shares and build positions for the longer term. This tells me my strategy is working (this year) and I continue to stick with it, pruning those names not acting well in favor of those showing true strength, even on poor market days.
Portfolio: ANRO NNOX AEVA RKLB ASPI PDYN NSSC GLUE BFLY NN AIP, cash 0%
Stocktrader
Hi Saleem,
Shifted a little ASPI to AIP and BFLY - still just managing position sizes as stocks fluctuate.
Stocktrader
Hi Stocktrader,
You are having a great start in a very difficult market, Good luck with reweighting in your portfolio....
Saleem
Hi Salem & Stocktrader,
Thank you for Sunday's blogs and congrats on booking profits Stocktrader!
Simon
Hi Saleem,
Shifted a little AEVA for PDYN and GLUE - more small positioning moves...
Also, the CODA from last week! What a ride - I bought a small amount in an account at a different brokerage that would allow me to make the transaction and it's a great example of how a good chart tells the story, even if the full story hasn't been revealed yet.
Stocktrader
Hi Stocktrader,
You are on a roll doing all the right things to have a great year
Good luck with your stocks and its positioning
Saleem
Hi Stocktrader,
Great run to start the year. Hard work pays off :-)
Simon
Hi Stocktrader & Simon,
Bought GLDU in Toronto @ $52.18....
Saleem
Hi Salem,
Good luck with GLDU..
Simon
Good luck with GLDU again!
Hi Saleem,
Trimmed some ANRO to add to PDYN NNOX NN - small moves but hard to ignore how a huge gain changes the risk/reward some (ANRO).
Stocktrader
Hi Saleem,
Sold ANRO @ 23.00 to raise cash
Stocktrader
Hi Stocktrader,
$$$$ & can't wait for your next ideas..
Simon
Hi Saleem,
Ok, made that call into the brokerage and got the CODA I wanted in 8 diff transaction pieces at avg under 14
Stocktrader
Good luck with CODA$$$$
Simon
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