2024 Half Year Recap
A mid year review is timely to track my progress in building a resilient portfolio. ![]()
So far, S&P 500 have posted more than 30 new all time highs in 2024. Indeed not wanting to fomo and join the rush may result in missed opportunities, but I am sticking out on my trading plan, risk tolerance, and broader financial plans.
In the first half 2024, I polish up my investment knowledge and strategies by continuous learning, reading the articles and commentaries in Moo Moo platform, watching the live streams organised by Moo Live and the ever useful daily sharing of market updates and Opportunity Mining by Invest with Cici.
Armed with enhanced knowledge and confidence,
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I dabbled in put options to earn some returns on stocks I wish to invest in if the price is right.
Market outlook for the second half of the year.
I do expect the Magnificient 7 to be the continued driving force of S&P gains, while other sectors and asset class may soon gain traction too. The U.S. elections may just be the trigger to uplift the performance of other sectors like healthcare, energy and industrials.
Whilst Mag7 provides tremendous growth potential and returns, long term investors especially should look at diversified portfolios to avoid concentration and overexposure to sector risks.
I do expect the Magnificient 7 to be the continued driving force of S&P gains, while other sectors and asset class may soon gain traction too. The U.S. elections may just be the trigger to uplift the performance of other sectors like healthcare, energy and industrials.
Whilst Mag7 provides tremendous growth potential and returns, long term investors especially should look at diversified portfolios to avoid concentration and overexposure to sector risks.
Some areas I may be keen to explore (other than AI related themes) are:
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Treasury bonds like TLT can offer capital appreciation when rates are eventually cut
Please DYODD as above are my personal thoughts.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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ZmjjkK : Yeah, Mag7 especially TSLA I think
Daytrading_Jaxx : Congrats!!!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
slam-dunk-1 : thanks for sharing your insights~~
mrmerk81 : Mind sharing how you usually pick your stocks? Any strategies or patterns you follow?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Wonder OP ZmjjkK : certainly hope the prospects pan out well.
Wonder OP Daytrading_Jaxx : thanks!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Wonder OP slam-dunk-1 : thanks!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Wonder OP mrmerk81 : i follow Cici Learn Premium Group that teaches TA and charting with opportunity mining. Adopted CANSLIM model to stock screen potentials, research on those identified n if the fundamentals look good n are aligned to my overall goals, I will them to my checklist. I wont chase the highs, so usually I sell put options at strike price near support level or adjust the strike price accordingly. Recently stumbled on DRW method, kindly shared by @ZmjjkK, a very useful technical tool to check it out.