Tesla after-hours review chart analysis formula on Monday, August 5.

True stock market excellent operators should possess 7 qualities: assassin, engineer, Holmes, knight, master of humor, statistician, playboy (for women it should be Madonna or Angelina Jolie, too traditional usually results in losses). Assassin represents skills and courage, engineer represents theoretical system and trading system, Holmes represents logical inference of information and competitive games, knight represents kindness and sense of justice, master of humor represents optimistic qualities and a relaxed attitude towards life, statistician represents objective data and summarization of patterns, playboy represents a colorful and interesting life.

Tesla investor Ross Gerber criticized the stock god Warren Edward Buffett for not understanding technology: selling Apple before the AI revolution is a mistake.

On Sunday local time, Tesla investor Ross Gerber expressed his views on Buffett's sale of Apple stock on Platform X, criticizing Buffett for lacking an understanding of technology.
Gabrielle wrote: "Buffett doesn't understand technology, that's for sure. For long-term investors, selling Apple before the AI revolution is a mistake."

Warren Buffett's Berkshire Hathaway announced in the weekend report that in the second quarter, the company continued to hold nearly half of its Apple shares. Some analysts believe that this move indicates Buffett's lack of confidence in Apple's growth prospects, while most Wall Street analysts urge investors to remain calm and not overinterpret. Apple's strong financial position, brand loyalty, and potential in areas such as artificial intelligence mean that it remains an attractive long-term investment choice.
Some analysts also pointed out that Buffett's recent share sale may be related to broader economic concerns. Last Friday's U.S. employment data fell short of expectations, triggering concerns about an economic recession, causing the Nasdaq to fall into a technical adjustment range, and the Wall Street 'fear index' (VIX) approaching 25.

Tesla after-hours review chart analysis formula on Monday, August 5.

Unafraid of 'Black Monday'? JP Morgan stands by technology stocks: the sell-off is nearing its end, and the opportunity to buy at the bottom is approaching!

Despite the 'Black Monday' experienced by global stock markets, JPMorgan Chase & Co.'s trading department still believes that the sell-off in technology stocks may have 'essentially completed,' and the market is 'approaching' a tactical opportunity to buy on dips.

This Monday was a day to remember for investors, with global stock markets in a state of mourning. The Nikkei 225 index plummeted 12.4%, erasing the gains since the beginning of 2024 and setting the record for the largest point drop in history, surpassing Black Monday in October 1987; South Korea's composite index recorded its largest decline since 2008, and major stock market indices in Japan, South Korea, and Turkey triggered circuit breakers.

US stocks were no exception to the turmoil. The Dow Jones, s&p 500 fell by 2.60% and 3.00% respectively, both marking the largest single-day declines since September 2022. The Nasdaq, recently affected by a major rotation in US stocks, also unsurprisingly fell by 3.43%, closing at 16,200.08 points.

Analysts believe that concerns about a US economic recession are the main reason for the global market collapse. Last Friday, the US Labor Department unexpectedly reported an unemployment rate rise to 4.3%, reaching the highest level since October 2021, triggering the Sam Rule. Taking a lesson from history, this rule has been verified in all 9 US economic recessions since 1960.

Large technology stocks collectively plunged. Apple fell by 4.82%, dropping more than 10% at one point during the session; Microsoft fell by 3.27%; Nvidia fell by 6.36%, dropping over 15% at one point; Google C fell by 4.61%, Amazon by 4.10%, Meta by 2.54%; Tesla fell by 4.23%. This is in stark contrast to the situation a few months ago, when technology stocks surged, with funds flowing into Nvidia and other popular AI stocks.

Jp Morgan Chase's hold positions team wrote in a report to clients on Monday that the pace of retail investors' buying has significantly slowed down, while commodity trading advisors and hedge funds have sharply reduced their positions in major stock sectors globally. This phenomenon not only reflects a change in investor sentiment, but also indicates a cautious attitude among market participants towards future uncertainty.

"Overall, we believe that the tactical opportunity to buy on dips is approaching, and our tactical position indicator may further decline in the coming days," wrote John Schlegel, head of hold positions intelligence at Jp Morgan Chase. "That being said, whether we can see a strong rebound may depend on future macro data."

He pointed out that in the coming weeks, economic data such as the ISM Manufacturing Index, Purchasing Managers' Index (PMI), Consumer Price Index (CPI), and retail sales will be successively released.

Jp Morgan Chase stated in the report that there are signs that the market's rotation from the technology sector may have "essentially completed."

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Elias Chen

成熟投资者：格局，概率，取舍。没有格局必然急功近利。不计概率会把运气当技术。不懂取舍，有所不为，最后必落入陷阱和圈套。

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