Rust Belt Stocks

📊WEEKLY MAG7 TRACKER Last week's two biggest losers went opposite ways. Tesla bounced from −10.4% to the top of the board. Nvidia fell another 12.8%. Weekly Performance: $TSLA +8.9% ➡️ Five straight green days through Thursday after Bloomberg reported that Tesla–SpaceX merger talks are progressing, with a deal possible as soon as December. Finland also approved its assisted driving. It slipped 1.8% Friday but still won the week. I'm watching whether the merger story turns into actual terms. $META +5.2% ➡️ Jumped 5.1% Monday after J.P. Morgan added it to its focus list, then added 2.9% Friday. Infrastructure chief Santosh Janardhan is leaving early next year, and ex-AWS exec Dave Brown takes over the data center buildout. With capex this big, who runs it matters. $AAPL +4.1% ➡️ First close above $350 on Monday and a record $356.27 close Friday, back above a $5T market cap. Apple Intelligence was also registered for iPads and Macs in China. Quiet, steady strength while chips got hammered. $GOOGL +3.86% ➡️ Launched Gemini 4 Hydrogen and opened orders for Gemini AI glasses starting at $395. Anthropic's amended IPO filing lists Google for about $10B of its private placement. Lots of spending, but the market liked it this week. $AMZN +2.84% ➡️ A cooler week after last week's +7.88%. The Anthropic IPO puts a big number on Amazon's stake, and AWS opened its Chile region to select customers. The next Leo satellite launch got pushed to Saturday after a power interruption. $MSFT −1.27% ➡️ Up 2.75% Monday, then a global Microsoft 365 outage starting Thursday knocked out Outlook, Teams and Copilot for more than 15 hours. Not a great look for a company selling Copilot to enterprises. $NVDA −12.75% ➡️ Jensen Huang resigned as CEO Thursday after admitting an affair, and CFO Colette Kress is interim CEO. HSBC downgraded it to Hold on Friday. That's two straight red weeks (−8.80% last week). Earnings are Tuesday after the close, the first report without Huang.

🍺 $SAM has been brutally beaten down the past 5 years. There are still two weeks remaining in the November, but as of day, it's above the 21 EMA. If it closes the month above the 21 EMA, that would be the first time since 2021. That will be a meaningful behavior change and could set-up an opportunity for a trade. Cheers🍻

Timely add $NVO Thank you for your attention to this matter.

Thank you for proving my point

I'd be patient with it. There is some support on the weekly timeframe at the 100 SMA, but the daily chart looks awful. If it loses the 100 SMA it could continue to fall. I'd love to add some in the $450's

Weekly Portfolio Update: 💊 $GDRX (7% weighting) - Expecting growth from the growing cash payment market for GLP-1s. Added 0.5% into January 2028 leaps. 💊 $MOH (3% weighting) - Policy revision exposure *NEW 💊 $NVO (3% weighting) - Stock and options. I think this is too cheap and a valuation disconnect. *NEW 🧶 $ETSY (2% weighting) - I want to add more, but waiting for the correct entry. 🚚 $AMZN (3% weighting) - Legacy position, deep cost basis that I don't trade 📈 $HOOD (3% weighting) - Legacy position, deep cost basis that I don't trade 💻 $BUG (0.5% weighting) - Jan 15 2027 $48 calls. Risk is premium paid. 💰Cash (78% weighting) ☀️ $FSLR (CUT) - Cut this position for a small loss. This market environment is not the ideal environment for my trading style. All positions are on a short leash and I have found myself making more tactical trades. Going forward I will start to publish my portfolio on a consistent basis.

💊There's a disconnect for $NVO between the share price performance, and the sales & EPS. $NVO P/S: 2.6 P/E: 10.2 $LLY P/S: 15.6 P/E: 47 I understand the valuations cannot be looked at directly given the portfolios, but the valuation for $NVO seems too low.

Additional view after their first two reports

$WMT Walmart reports earnings in 1 week from today. The stock has not performed particularly well the month after their past 3 prints.

In April, I added $LLY calls to my watch list after BS reporting on the launch of Foundayo. I was distracted that day and ever bought those options. They are now +566% and expire next week. Should’ve, would’ve, could’ve….