Nov 24 – Nov 28, 2025
by Nick Schmidt · November 30, 2025
We had 4 days of strong breadth and a lot of good looking stocks are acting like leaders again. Semis like AVGO and AMAT making new highs. Hard to stay too bearish seeing that. I started building TSLA through the week, now at a total 15% position. I'm slowly adding exposure as I get positive feedback. I'm most comfortable buying weakness as long as it's constructive but last week's action didn't feel constructive at all. This rally has caught me off guard multiple times this year and continues to surprise me.
Much more optimistic about the look of things than a week ago. TSLA is the focus, I want to build this to a 30% position. I will accumulate between $410 and $440. We've gone up four days in a row so even though I'm leaning bullish again a pullback seems likely so I'm not chasing just to participate if the setup isn't there. Earlier in this rally we had big breadth thrusts similar to this and it set off a big trend so I'm watching to see if this continues. Main focus is watching for traction in any new buys and the environment continuing to support new position trades.
One position, slowly building. Three adds through the week as breadth confirmed.
Short week ahead with Thanksgiving. Nice participation across growth names in the first hour but staying cautious given the rough environment. TSLA trading in last week's wick which is a potential sign of strength if it holds. 70% of stocks up by afternoon. Started a small TSLA position because it didn't make a new low last week while HOOD did, that relative strength matters.
75 to 82% of stocks up from the open, second strong breadth day. TSLA and GOOGL strength picking up intraday, participating instead of lagging. SPY closed above the 10-week. Still under key resistance and not planning to do anything but the constructive action is why I bought the small TSLA position Monday. Market still needs to prove itself but I'm impressed so far, this rally keeps surprising.
Last full day before Thanksgiving. Another 70%+ participation day, third in a row. Semis and growth have momentum again. Added to TSLA. If breadth continues I'll look to add more exposure.
Markets closed. Reviewed the week and shifted to bullish. Three days of strong breadth with lots of good looking stocks. After 4 up days a pullback seems most likely so I'm not chasing. But constructive weakness would be buyable, last Friday's weakness wasn't constructive at all to me. If setups and leadership hold through weakness I'm a buyer.
Short half-day. Good action to end the week. Added to TSLA again. This week was a big positive expectation breaker.