US stock market showing resiliency despite sky high inflation worldwide and interest rate hike is in the air, these are not very desirable environment for a roaring stock market.
Iran remains in focus.
Shipping is disrupted with higher shipping rates.
Trade fiasco continues between US & Canada.
World politics is in a flux.
BUT AI related stocks have regained some footing and much more to go.
Best way to approach this stock market is to have long term vision, not a day traders market @ all.
Keep your expectations low, expect 8% gain in a year IF you are lucky.
Here is how my last week ended :
Last week down 3.87%
YTD UP 55.53%
Here is my portfolio weighting on 117% exposure :
AMDL 30.32%
GDXJ 22.03%
MU.TO 16.31%
GGLL 8.95%
SNDU 8.20%
MVLL 8.09%
SPAX 6.10%
PS...today I got my laptop going, still trying to settle in a very different culture in Karachi Pakistan.
BLOG DOES NOT GIVE BUY OR SELL.
SALEEM
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