tesla has not reached the bottom yet
The current support for Tesla at 245-250 needs further testing. However, the downside risk is significant. I only have a 1% core position in hand, so I'm not afraid. I am considering adding a position every time the stock price drops by $25. Therefore, before increasing my position significantly, I will think twice and act wisely. It is far from the time to enter for those on the right side.
No matter how bullish it is for the long term, there is no need to heavily buy at the current price. The right side is safer.
What I am more concerned about now is $Apple (AAPL.US)$ and $Tesla (TSLA.US)$ mass selling. In addition, $Microsoft (MSFT.US)$ also starting to weaken. In case $NVIDIA (NVDA.US)$ The financial report fell short of expectations, the guidance failed, all four leading stocks stalled, so the stock market may experience a big drop.
As for $Amazon (AMZN.US)$ A significant rise does not necessarily indicate high emotions, especially since there has been a considerable fallback. If Apple is the stock king, Tesla is the darling king, Nvidia is the newcomer king, Microsoft is the crownless king, if all these are struggling, then Amazon does not have the influence to drive the rhythm of the US stock market.
I bought some. $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ To hedge. $The Communication Services Select Sector SPDR® Fund (XLC.US)$ the downside risk, without going short in a big way.
In addition, I hold $The Health Care Select Sector SPDR® Fund (XLV.US)$ ， $Energy Select Sector SPDR Fund (XLE.US)$ and $VanEck Agribusiness ETF (MOO.US)$ I do not see significant downside risks. moo and xle, on the other hand, are still looking bullish.
What is intriguing is $Utilities Select Sector SPDR Fund (XLU.US)$ A bit risky. After a false breakout, there was a massive volume-driven decline... Thankfully, I already set a stop loss on Wednesday. Normally xlu is considered a defensive sector, not sure why, but from a technical perspective, it is definitely not a good idea to touch it at the moment. If you really want a safe haven, better go for xlv or xlp. Or just choose a money market fund, it's safer.
As for small cap stocks $iShares Russell 2000 ETF (IWM.US)$ Continue to monitor. Sell when it breaks the support level, hold if it doesn't. Anyway, I entered when it was at 180 two months ago, using retirement money that I can't withdraw... At most, I'll just give back some profits, no big deal.
$iShares 20+ Year Treasury Bond ETF (TLT.US)$ It might be an oversold rebound, not necessarily a reversal. Better keep observing. For such a large drop, a simple bottoming out is probably not sufficient, more likely it needs to form a W double bottom to confirm a stop-loss reversal. I'm still not ready to go all in, so my cost was 95 to buy 100 shares, then sold 95 strike price calls, I'm happy with gains from both directions, making some premium money for fun.
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本人散户，闲钱投资，名字为系统生成。这里记录投资感悟与趣事。所有言论都纯属娱乐，不是投资建议。此账号为本人唯一社媒平台。
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Cherry Cat :
Cherry Cat : How does Xiaobai of the stock market operate on the right side, please?
高贵的阿德莱德 OP Cherry Cat : Wait until the stock price stops falling and stabilizes before moving in, at the cost of missing the initial increase in exchange for less risk. I won't be able to explain exactly how to do it for an hour and a half. However, for example, the bottom of the 3,500 point reading in October last year was on the left, and the increase in positions in January, March, and May of this year was on the right.
Cherry Cat : Thank you!
相拥这个季节 Cherry Cat : It is a buying act made after the stock price forms a clear reversal trend. It mainly follows the trend
稳稳的幸福ღ : Please tell me how to operate a heavy warehouse
阳光下 稳稳的幸福ღ : Tesla?
高贵的阿德莱德 OP 稳稳的幸福ღ : Buy it once every time you reach a support level; the more it falls, the more you buy. However, I don't plan to increase leverage, so no matter how much it falls, as long as you don't sell, you won't lose money, and it will rise back sooner or later. Currently, the price of around 250 isn't very high; it's just that the probability hasn't dropped below.
defishu : The right side is divided into days, weekly lines, monthly lines, etc. It's basically certain, it's already going up
, the bookmaker is waiting for the shipment
73669454 : Obtained
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