US stock market finally decided to take couple of days rest....
After making series of new all time highs, It was time to take a well deserved break...
So we shed few % of lofty gains which is needed every so often....
Friday's action was typical of momentum driven market...which corrects in a hurry as IF sky is falling...
NO...sky is not falling, just a " normal day in office "
We should resume our run into " series of new all time highs AGAIN "
Leaders are well defined by now.....
Follow the leaders.....
Here is how my last week ended :
Last week Down 30.74%
YTD UP 38.72%
Here is my weighting on 167% exposure :
SLVR 26.90%
SNDU 23.08%
AMDL 20.18%
AAOG 9.49%
QCML 8.21%
TSLL 6.72%
HOOD 5.42%
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem/SImon,
Tried to sell some TZA this morning @ 5.04 and missed the brief moment it was there. Wanted to re-establish my RKLB position. Got some 170 weekly calls for $0.39 in case it spikes out but I really wanted the position instead. I think as SpaceX/xAI nears and looking at a $2T valuation, the only other viable rocket player might get sympathy/alternative flows.
Stocktrader
Hi Stocktrader,
Thank you for the information and good luck with RKLB option.
Sold my PSNL @7:10 to raise cash.
Simon
Nice to get out of PSNL on a pop!
Wish I know how to play option :-(
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