Sunday, April 19, 2026

US stock market has " major Momentum "

 US stock market had enough of War rhetoric...nobody got obliterated yet....all standing & yapping 24/7...

Market is looking ahead to a " major momentum rally "

Lot of stocks were shorted by technical oriented traders.....all caught badly with this non-stop UP TAPE

As they say...NEVER short a dull market.....

Most sectors participated in this huge rally...even Crypto came alive and more to come...

AI is back in vogue

Storage are flying

Fiber Optics never had this good...all making new all time highs

Even TSLA got bid...

Can you believe AAPL @ new high.....a non AI stock?

All in all.... good times are in.....

Here is how my week ended :

Last week UP 15.05%

YTD         UP 8.55%

Here is my portfolio weighting on 69% Exposure :

GLDU          33.85%

AAPL          29.03%

TSLL          15.34%

HOOD       11.34%

BTCC        10.44%

BLOG does NOT give buy or sell.

Saleem

13 comments:

Stock Rookie said...

Hi Salem,

Congrats on a stella week of gains and over on the green side for the year. Hope it will continue for all of us..

Simon

Stocks100 said...

Hi Stocktrader & Simon,

Bought CIEN @ $501.00

Saleem

Stock Rookie said...

Hi Salem,

Good luck with CIEN..

Simon

Stock Rookie said...

Hi Salem & Stocktrader,

Bought PSNL @6.40

Simon

Stocks100 said...

Hi Stocktrader & Simon,

Bought SLVR @ $63.00

Saleem

stocktrader_1996 said...

Good luck with red hot CIEN!

stocktrader_1996 said...

Good luck with the dip buying on PSNL!

stocktrader_1996 said...

Good luck with the silver trade!

stocktrader_1996 said...

Hi Saleem,

Added to NNOX @ 2.15 on an overreaction to earnings. I think they have valuable IP and should be worth more either through self-efforts or a takeover.

Bought PONY @ 11.47 on recent initiation by Goldman with $30 PT and lots of potential catalysts this year and beyond

I think BODI is worthy of an investment (or trade as the chart is set up nicely), but it's too illiquid for me to get any kind of shares at reasonable prices. Management has been fantastic in creating a stable base from which to start new growth again and could be a big winner.

Stocktrader

Stock Rookie said...

Good luck with more NNOX. Just added CIEN & PONY with remaining proceeds.

Simon

Stocks100 said...

Hi Stocktrader & Simon,

Good luck with NNOX, PONY, PSNL & CIEN…

Saleem

stocktrader_1996 said...

Hi Saleem,

Congrats on your stellar week as conviction pays off!!

My recap is a bit later than usual because I was busy most of today...

Last week: +18.98% (YTD: +28.33%)
Portfolio Leaders (>20% gain): RKLB ANRO NNOX ASPI(sold)
Portfolio Laggards: none

Along with the sharp rally in the indices due to an abatement in US/Iran tensions that brought oil down sharply, many of the portfolio components rallied hard also, and by the end of the week had gains that even astonished me as I was doing the numbers. Granted, it felt like many stocks had fallen too low in recent weeks, so this massive relief rally merely brought some of them back to where I thought they belonged anyways, and some staged fresh breakouts as deserved. It is definitely a reminder that being involved in at least some stocks always is useful for when huge rallies like this come along. There were very few pullbacks along the way and just kept grinding higher for the most part. Now, earnings will take center stage with the economy and the Fed on decent tracks for now. I continue to look for new ideas on high relative strength stocks as those saw investor interest during the market downturn, and so should definitely be solid picks as new investor money pours in.

Holdings (current): AIP GLUE RKLB NSSC ANRO BFLY PONY HUBS NNOX CODA, cash 0%

Stocktrader

Stocks100 said...

Hi Stocktrader,

Outstanding week and YTD performance.

Your deep analysis has paid off well.

Maintain your pole position as you have earned it

2026 looks like back to stunning returns.

Saleem