NVDA
NVIDIA
-- 109.670 TSLA
Tesla
-- 263.550 CRWV
CoreWeave
-- 40.000 LULU
Lululemon Athletica
-- 293.060 PLTR
Palantir
-- 85.850 
Market Review (26/12-29/12)
"When you have profits, you must make a selling plan and determine profits." - Mark.Mivernivi
A quick review of the last week of 2023:
$NASDAQ 100 Index (.NDX.US)$ Wednesday divergence, Friday distribution;
$S&P 500 Index (.SPX.US)$ & $Dow Jones Industrial Average (.DJI.US)$ Absorb funds on Wednesday and distribute on Friday.
Basically synchronized, DJI > SPX > NDX.
$Invesco Exchange Traded Fd Tr S&P 500 Equal Weight Etf (RSP.US)$ Still slightly stronger than $SPDR S&P 500 ETF (SPY.US)$ , breadth still healthy.
Weekly charts of NDX and SPX: both have been rising for 9 consecutive weeks, still overbought, very little to do here.
Based on the experiences of Michael.Burry in June 2023 (shorting one month in advance) and Mark.Minervini (recently shorting DJI, small stops should already have exited), I think I will continue to stay still and observe, currently 64.4% cash, nothing to do, waiting to react to the market's actions. (More specifically, waiting to react to the behavior of those stocks).
AAII and FEAR&GREED INDEX are still hovering near extremes, continue to pay attention to the changes in the next 2-3 weeks.
"Let the power of the market tell you where to put your money, rather than your personal opinion, which rarely can replace the wisdom of the market well. Compared to the judgment of the market, opinions are meaningless." -Mark.Mivervini
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Ondo : According to my observations, mining stocks are also moving along with IWM and BTC. If the two go up at the same time, they will follow a major trend
, but the decline generally seems to be more related to IWM's move?
sTone83 OP Ondo : There is some correlation, but risk still needs to be put first, and traders need to be patient and wait for the settings to appear
Ondo sTone83 OP : AAOI MARA CVNA AFRM in '23 was all about reversals of dilemmas. What do you think in '24 is like this
sTone83 OP Ondo : You need stocks to come out step by step; “I think” is meaningless