Traditional giants that fall behind.
After previously reaching the 200-day moving average, it quickly started to decline again.
Starbucks and El can be attributed to the lagging performance in the China market. CVS, what are they doing? I haven't read the financial report, but based on the stock price trend, there's no need to look at the financial report, just stay away.
Although the stock market rebounded but encountered resistance and fell back, it may continue to decline or consolidate, it is still in a bull market. In a bull market, instead of trying to bottom fish those stocks that are still in a bear market (stock price is not above the 200-day moving average), it is better to buy stocks that have risen too much and are currently experiencing a regression to the mean, leading to a decline.
For example $Super Micro Computer (SMCI.US)$ Although it also fell a lot, it also affected buddy. $NVIDIA (NVDA.US)$ The market sentiment has declined, but the performance is not a problem. The only issue is that it had previously risen too much. As long as the stock price falls back to a reasonable valuation, there will be an opportunity for another take-off in the future.
As I mentioned before, $Amazon (AMZN.US)$ The financial report of these companies is the most crucial. In this bull market, there is no doubt that AI is the driving force. Therefore, the profitability of these major technology companies and their investment in AI are the main factors determining the height of this bull market.
Therefore, considering that these major technology companies are all very strong (Meta is a remaining stock warrior, and the others are all strong), I believe that NVDA is still worth buying on dips. $Advanced Micro Devices (AMD.US)$ It was previously overvalued, so if it can fall a little more, it would also be a good choice.
I will continue to hold. $Taiwan Semiconductor (TSM.US)$
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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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下一个十年的雷熊 : justified
小超人爸爸 : What is the most reasonable price for SMCI?
高贵的阿德莱德 OP 小超人爸爸 : I only treated it like triple leverage Nvidia. Nvidia's fall to the beginning of 7 is reasonable. The beginning of 6 is cheap, and the beginning of 5 basically confirms that this bull market is over, and the beginning of 4 is definitely already a bear market.