GTR Weekly Report, page-4

Weekly Review U Stocks - 29th Apr 2022

Here is the weekly review figures and charts that I do every week. It is useful only for those interested in trading or those who hold multiple shares and based on performance would like to keep re-balancing as we go. As I have disclosed earlier I do hold a number of U stocks. This is the reason I include a number of other U Stocks in my analysis. Also, ASX does not have an ETF fund, this provides some proxy for those interested.

Please note that all my analysis are from a trading perspective looking at short-term view.

As mentioned before, have changed the format, removed lot of commentary and now share my weekly diary - my holdings, my plans for the week. Caution around Diary - This is just my opinion/plan. Probability wise one person can be wrong many times, even all the time, so please use information accordingly

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.Something to keep in mind this week:

• Stocks are in constant decline after reaching new highs in April
• Many stocks have lost 30-40% from their recent highs. Its also true for US stocks. Many stocks have to rise around 50% from here to recent highs
• U Future has dropped from $64.50 to $53.10 on Friday. Any further drop, especially going below sentimental $50 will not be good for stocks in short term
• The reason U Spot price is important because we don't have good demand/supply figures, so it acts as proxy. Supply/demand is the biggest factor that will drive the bull run and still we don't have good figures. Hence the volatility, the turbulence, big drops.
• This week was again not good, with average 8% decline for the week.
• For the year now gain is only 3% across 19 stocks. In fact, half the stocks are in red for the year - so that's the reality even though we think we are in a big bull run

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Here is the Figures for the Week:
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DIARY - Here are the predictions and my personal plan for the week.
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