Everyday there is a " brand new explanation & purpose is given "
Everyday a pronouncement of decimation of everything is announced BUT war keeps going....
NOW a brand new purpose is given " Stone age agenda is being touted in next few hours "
BUT stock market is trying to read beyond stupidity.....
Most stocks have found support despite " all the tough talk "
Looks like a great time to increase exposure as market looks tired of this war....
AI stocks are looking ready to take off AGAIN....despite some court rulings....
Gold / Silver have found support also....
Storage & Fiber Optics stocks are in vogue again....
Be diversified & show conviction.....rest is easy.....
Here is how my last week ended....
Last week UP 11.02%
YTD Down 16.71%
Here is my weighting on 101% exposure :
GGLL 34.52%
AAPL 18.41%
GLDU 13.47%
TSLL 8.55%
SNXX 7.79%
BTCC 6.03%
HOOD 5.77%
SLVR 5.46%
BLOG does NOT give buy or sell.
Saleem
10 comments:
Hi Salem,
Thank you for Sunday's blog. Congrats on a great last week gains. Hopefully, it will continue this week.
Simon
Hi Saleem,
AMAZING week - congrats on sticking with conviction and having it pay off!
Stocktrader
Hi Saleem,
Last week: +5.02% (YTD: +6.73%)
Portfolio Leaders: RKLB GLUE AIP
Portfolio Laggards: NN
It was a bargain hunting week, and the averages and portfolio performed nicely even as some of the factors like higher oil prices and Fed rate hike fears persisted. There are several potential outcomes/resolutions to the President's war on Iran, but the market is saying now that the pullback has been enough, and companies and consumers can adapt to the any of the new realities. Spending remains good and the job market remains relatively resilient, and so life goes on. Earnings season is quickly upon us, and we will see if any companies warn about the impacts from the war. If they do, and if it affects the market, I suspect it will only be temporary and a buying opportunity again. Sentiment and flows have been negative enough recently that the risk is for better times ahead now.
Holdings: AIP GLUE ASPI ANRO NNOX RKLB BFLY NN CODA AEVA, cash 0%
Stocktrader
I just found your blog. Should be on Stocktwits my friend. I like your portfolio. What do you try to focus on in it or is there any underlying strategy that you focus on? This war has increased inflation at a time that it was already high and needed taming pouring more fuel on the inflation fire. I'm canadian and i think its given us all a wakeup call that maybe was sorely needed. Maybe time to become less reliant on global trade and get our own houses in order.
Hi Stocktrader & Simon,
Bought ARMG @ $9.79 in midnight trading
Saleem
Hi Salem,
Good luck with a new addition. Great day for stock market --)
Simon
Hi Stocktrader & Simon,
Bought CIEN @ $478
Saleem
Good luck with CIEN $$$$
Good luck with 2x ARM exposure!
Good luck with CIEN - a favorite name for the market this year!
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