Sunday, June 7, 2026

Mother of all pullback in US stock market.....

 Stocks go UP....UP.....UP

BUT then stocks go Down...Down...Down

Then there is " mother of all pullback "

Which happened on Friday....

Friday's " breakdown was for record books "

A breakdown of Friday's magnitude entails a serious correction....

Good part IS...its done & over with....

NOW....stock market will try to find its own rhythm....

Here is how my last week ended with 2 forced sale of SNDU & 6% of GGLL.....

Last week Down 15.33%

YTD               UP 72.02%

Here is my weighting on 78% exposure :

GGLL                  51.58%

AMDL                 14.98%

QCML                 12.54%

AAOG                   7.82%

TSLL                     6.02%

HOOD                  4.32%

FATN                   2.74%

BLOG does NOT give buy or sell.

Saleem


4 comments:

stocktrader_1996 said...

Hi Saleem,

Not a bad week all things considered with Friday...

Bought SOXS @ 5.30 as I think some leverage needs to come out of the market still

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with SOXS

Saleem

stocktrader_1996 said...

Sold SOXS @ 6.84

stocktrader_1996 said...

Hi Saleem,

Re-bought RKLB @ 103.17
Added to KRUS @ 43.66
Added to TWST @ 67.62
Added to BFLY @ 4.82

Stocktrader