US stock market slump continues as war drags on...
No one talking victory anymore BUT counting how long war goes ON...
All the bravado is gone, reality setting IN
This war could drag on lot longer....
Hyper inflation could be sticky this time...
Technology / AI falling like stone....
Energy is the only " standout "
Gold may have found support after relentless selling from Middle East to shore up capital
This is how my last week ended :
Last week Down 4.73%
YTD Down 27.73%
Here is my weighting on 82% exposure :
GGLL 36.88%
AAPL 22.33%
GLDU 15.77%
TSLL 10.72%
BTCC 7.40%
TSLL 6.90%
BLOG does NOT give buy or sell.
Saleem
Hi Saleem,
ReplyDeleteLast week: -3.20% (YTD: +1.63%)
Portfolio Leaders: AIP ASPI
Portfolio Laggards: AEVA RKLB NNOX NSSC
As the war dragged on, so did the drag on stocks as the equity markets fell after starting the week nicely up. Any kind of quick resolution seems to be fading, but there will ultimately be an end, and it's important to position for that. It remains to be seen what economic effects the war is having, and it might actually be limited, but we'll know more soon as earnings season comes into focus. I try to continually evaluate my portfolio for strong and weak performing stocks, and that can change very quickly these days as a stock I bought I subsequently sold three days later. Besides today (Monday), I have seen investors using the volatility and dips to pick up their favorite stocks, but today looked like a true firesale of everything small. Maybe this signals the bottom for some of these stocks -- we'll soon find out.
Portfolio: ASPI GLUE AIP ANRO NNOX NN BFLY RKLB CODA AEVA, cash 0%
Stocktrader
Hi Stocktrader & Simon
ReplyDeleteBought SLVR @ $57.60
Saleem
Good luck with silver exposure!
DeleteHi Salem,
DeleteBest wishes with SLVR...
Simon