Bought more Nvda + Google | Shorting TQQQ/SMCI as a hedge‼️
I think we all agree that September is gonna be a volatile month based on historical data‼️ $NVIDIA (NVDA.US)$ dropped almost 10% in one day yesterday due to bad sentiment and many people are taking profits since its Earning Report didn’t boost up the share price right after. Although I know it might not be the bottom yet, I was still picking up NVDA at 105-106 while shorting $Super Micro Computer (SMCI.US)$ as a hedge but I already closed my short position at 411‼️ Also, I shorted both $Broadcom (AVGO.US)$ and Netflix as well and have closed all my position.
Other than that, I also tried to hedge my entire portfolio by shorting $ProShares UltraPro QQQ ETF (TQQQ.US)$ and currently I’m still holding‼️
$Alphabet-C (GOOG.US)$ I took my profit from Google at 168 last week and now buying back at 157♥️
Overall, I believe today might have a good rebound since yesterday Nasdaq already dropped 3%+ and that might actually due to BOJ announced that they wanted to raise rate. However, as we can see today, the Asia market was not as bad as we saw in the Black Monday on 5/8…So yeah…The US stock market might have a good rebound today and might still shake during the entire week‼️
Jolts data has just been announced and I’m still not sure how the market is gonna react to it😒 The market up and down violently😒
![Bought more Nvda + Google | Shorting TQQQ/SMCI as a hedge‼️](https://sgsnsimg.moomoo.com/sns_client_feed/101843246/20240904/5035626c5a12b24d6145e34acf3d9b9d.jpg/big?area=104&is_public=true)
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104158893 : you are absolutely right sir..🫰🫰
Anthony 27 OP 104158893 : Market is dynamic. Hard to predict. Need to adapt accordingly to the dynamic situation
Master Corgi : Don’t be shorting SMCI
Anthony 27 OP Master Corgi : Ok I might short Broadcom again later tonight or tomorrow before Earning..but still considering…
Warren Buffed : Pro...
des10 : ya all positions money makers