The market is super red today, how are your stocks? Does anyone have a better strategy?
The market fell for two days in a row.![]()
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On Tuesday, the $Nasdaq Composite Index(.IXIC.US$ fell 2.26%, and on Wednesday the Nasdaq fell 2.22%.
Large-cap stocks such as $Apple(AAPL.US$ , $Tesla(TSLA.US$ , $Amazon(AMZN.US$ , $Microsoft(MSFT.US$ , $Alphabet-A(GOOGL.US$ , $Meta Platforms(FB.US$ , $JPMorgan(JPM.US$ , $Bank of America(BAC.US$ , and the semiconductor sector led losses. The Nasdaq also led losses. Perhaps high valuations in tech stocks led the decline.
At the same time, Fed officials continued to talk about possible future rate hikes by 50 basis points. That's definitely bad for the market, and I'm guessing Wall Street is already bearish on the market. Stock index futures always lead the market down. The bearish sentiment in the market has risen significantly.
How are your stocks today? Does anyone have a better strategy?![]()
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Ant_yeh : Don’t sell your assets, when market is in red, that’s the opportunity to buy more as they are all ‘on sale’
AlfonsoDex Ant_yeh : Think the idea is to sell off the profiting counters to get back the capital to buy in at a lower price. This would be more efficient and effective than keep doing DCA where even more funds are required.
72MonkeySurvival AlfonsoDex :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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emotional Hare_d1j 102283873 : lol stupid
AlfonsoDex emotional Hare_d1j : Ya, I dunno how to answer the question too
NjD NjD : Mine: Do DD, pick out fav stocks, Reserve buying power for this type of red market/good opportunity to buy cheap. Don’t react to news/media…Hold until Green.
YerlinJordan : have a diversify portfolio
mooster Han OP Ant_yeh : yeah,ok
mooster Han OP YerlinJordan : haha
Cryptoaddikt33 Ant_yeh :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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