Amazon slightly dropped 0.57% last week. Cathie Wood and ARK Invest were highly active last Monday, making significant purchases across their ETFs. The top buy was Amazon, with ARK acquiring 174,498 shares worth nearly $28.1 million. Additionally, according to Reuters, UK's Antitrust Regulator started probe into Amazon's AI partnership with Anthropic.
mr_cashcow : Sadly timing the market have never been a strong suit of mine
Maybe I should have average down on nvidia when it dropped to 92USD?
102362254 : When $Eli Lilly and Co (LLY.US)$ announced earnings last week and jumped in value, I managed to earn a modest profit. Though it wasn't much, it's a memorable gain that I appreciate. I'm content with any win, big or small, and happy for it.
Wonder : A calendar spread that costs $150 in premium on 29/7 could have resulted in a profit for the week ended 2/8 but the mkt drop after I close the short leg resulted in immense loss as the long leg wasnt closed in time...instead of just losing the premium paid. Thankfully the yoyo turned last wk ending 9/8, I managed to close long leg with profit, netting a breakeven on the spread with some kopi money. Phew!
Is it worth taking the risk? Ehm I dunno, calculation shows 40/150×365/12=811% return over 12days of roller coaster ride!
JC7577 mr_cashcow : BUY THE DIP??
rylar : The best time to start investing was yesterday, the next best time is today.
Get in the market
ZnWC : Thanks for the reward points
I diversified my portfolio by investing in an S&P500 ETF, hence the share price volatility last week has some impact but not much. The loss is just book value.
I took a long position hence I have already taken into consideration the short term volatility risk. The important thing is to have enough emergency funds and an investment plan (exit plan). I'm not panicked but will monitor the stock closely with caution.
Yi Long Ma : The most unforgettable timing last week was timing the market. A lot of investors including me would always want to buy at the lowest but the problem with that is we won't know when is the lowest dip and when is the highest high. Although I managed to buy at the dip, that wasn't the lowest point of last week but I'm confident with the stocks that I've bought knowing that their price will rise in the near future.
cola1010 : The most unforgettable timing last week was to purchase Starbucks stock at a lower price. The stock price surged after the news of the new CEO appointment this week. The investment paid off when the stock price increased by 25% in response to this positive news from the market. The moment stands memorable since it resulted in a sizable gain, making my investment into a profitable move as the stock price went up.