May 12 – May 16, 2025
Nick SchmidtPublishedSPY+5.29%QQQ+6.87%
Major gap higher Monday and everything held. Added to UBER as it pushed out of consolidation to new highs on volume. Also bought some NVDA on Thursday when semis as a whole started moving and it perked up big time. I don't usually like buying strength but I'll happily get stopped on NVDA and take the loss if it doesn't work.
Learned something about managing average cost when adding to positions. Most brokers have a feature to sell in tax lots now. My UBER add brought my cost from $74 to $77.
Added to UBER as it pushed out of consolidation to new highs on volume.
Six positions, fully invested. Added to UBER, started NVDA.