3309 Drysdale Ct
Edwardsville, IL 62025
Big techs in my holding doing well (AMZN, NVDA, AAPL), plus
MRNA, ABNB, TSM. Everything else is either crap and I sold or I was
stopped out (reflation, cyclicals, energy).
I am slowly figuring out what works and what doesn't, for me.
Trying to trade often results in a near disaster because I am not
nimble. I think I spot good opportunities (thanks to BPT!) but
often I am too early or too late. I don't have much patience with
volatile small-cap stocks and end up losing. What works for now is
to buy a quality company at a low risk buy point and hold/monitor.
Not sure of putting stops though, as I have been stopped out in
this choppy market even if my stops were generous - so I often end
up being sold at LOD.
If US$ strength continues, maybe buy non-US companies, or EEM.
Already have TM.
I have AMZN, NVDA and AAPL (sold today). I have a little
EEM and plan to add over the next week or two. So glad to see
this rally in the USD, i'm selling it against the CAD all the way
up. Sold out of QQQs in my 401k today and plan to add back in
over the next week or two. I unloaded most reflation,
materials, energy last week when CAT and DE started tanking - I'm
betting these will bounce tomorrow or Monday and then continue
lower (again over the next week or two) and then I'll start
accumulating. Common theme - bring on the June Swoon Stock
That's a great point about CAT and DE, I just didn't understand
how to act according and promptly to those signals
The sector leaders are often the canary in the coal mine (not
sure that works...maybe they are the elephant in the coal mine).
Look how JPM acted over the past week and what has happened
to the rest of banks Thursday... bounce looks due (move to cash)
and then the sale will be on (back up the truck) !
COST was in Thursday's Newsletter as 'either'. I'll be
watching... Judging by how XLY and XLP has been trading, I tend to
think the break will be to the downside, so probably the opposite
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