Market Review + Holdings (25/11-29/11 2024)
Last week's review 👉🏻Market review + position holdings (18/11-22/11 2024)
Market behavior this week:
$NASDAQ 100 Index (.NDX.US)$ Distributed on Monday;
$S&P 500 Index (.SPX.US)$ And $Russell 2000 Index (.RUT.US)$ Absorbing funds on Monday.
rut>spx>ndx.
NDX filled the gap above, currently price above 10MA, SPX and RUT both hit historical highs; biotech continues to rebound, currently price back to the previous large cap range, semiconductors attempting to rebound, currently still showing weakness in momentum, BTC continues to consolidate around 100,000.
Weekly Charts:
NDX and SPX continue to run smoothly in the second stage, while RUT has entered the early stage of the second phase.
Market breadth:
Maintain the green while gradually continuing to strengthen.
Weekly Notes:
Within the system, the RS of AFRM, TSLA, GME, UPST has slightly decreased; GOVX has low RS and a tendency towards multiple downgrades.
Market Sentiment:
AAII call sentiment continues to cool down, even slightly leaning towards put sentiment, with the market feedback on Friday being a slight increase.
The fear index still remains greedy, with SPX prices and options branches being extremely greedy.
Current positions held:
Among them, VERA, TVTX, INOD, BTCT were mentioned yesterday.
$ProShares Ultra Bitcoin ETF (BITU.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$ $ProShares UltraPro S&P500 ETF (UPRO.US)$ $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Trading in honglietf in the BTC market; aside from semiconductors that need continued attention, BTC and the index are currently running well.
$NuScale Power (SMR.US)$ Hold positions for the remaining 1/2 of the ride for free according to the rules.
$Affirm Holdings (AFRM.US)$ Hold positions for the remaining 2/3 of the ride for free according to the rules.
$Carvana (CVNA.US)$ On Wednesday, once again saw support at the 10MA, currently running well, adhere to the rule of riding.
$United Natural Foods (UNFI.US)$ After a rise in strength on Monday, rested for three days at the same price level, adhere to the rule of riding.
$NVIDIA (NVDA.US)$ Currently temporarily finding support at the 50MA, barely holding on to the underpants 🩲, approximately 80% of the semiconductor market is buried in the ground, with only the area above the neck exposed and still able to breathe reluctantly. The feedback in the next two weeks will be interesting, with a chance of new market operating patterns beyond traditional understanding; back to NVDA, hard stop loss remains unchanged, falling below the 50MA will also be cleared.
$TheRealReal (REAL.US)$ Increased the hard stop loss, remaining with 2/3 of the position to continue adhering to the rule of riding for free.
$ChromaDex (CDXC.US)$ Progress is currently slow, stop loss remains unchanged, continue to adhere to the rule of riding.
$Reddit (RDDT.US)$ Hold the remaining 2/3 positions and continue to ride for free according to the rules.
$Tesla (TSLA.US)$Currently, find support at the bottom gap and near the 10MA, hold the remaining 2/3 positions and continue to ride for free according to the rules.
$GeoVax Labs (GOVX.US)$ Currently in a slight loss state, maintain the stop-loss unchanged.
$Peloton Interactive (PTON.US)$ Hold the remaining 2/3 positions and continue to ride for free according to the rules.
$GameStop (GME.US)$ Hold the remaining 2/3 positions and continue to ride for free according to the rules.
$SoundHound AI (SOUN.US)$ On Friday, strength was shown again, raised the stop-loss, hold the remaining 1/2 positions and continue to ride for free according to the rules.
$Upstart (UPST.US)$ Hold the remaining 1/2 positions and continue to ride for free according to the rules.
$Super Micro Computer (SMCI.US)$ Currently holding a position, emphasize that there is no room for negotiation in stop-loss; in the short term, there is a three-day decline in volume, but significant supply at 40-50 remains above.
Current cash ratio: -7.49%
Currently holding 23 names:
Toxic assets holding ~1: SMCI;
BTC/market Honglietf ~4: BITU, TQQQ, UPRO, SOXL;
Free rides phase for internal trading system ~10: SMR (-1/2), AFRM (-1/3), NVDA (-1/3), REAL (-1/3), RDDT (-1/3), TSLA (-1/3), PTON (-1/3), GME (-1/3), SOUN (-1/2), UPST (-1/2);
Initial stage of internal trading system ~8: VERA, CVNA, UNFI, TVTX, CDXC, INOD, BTCT, GOVX.
Reducing and simplifying is the common way of thinking for the masters.
"Success is actually simplifying it. Forget many things you know, forget perspectives, forget others' perspectives. That's how I earned 0.1 billion dollars" ~ @Qullamaggie
Elon Musk's algorithms include questioning, deletion, and simplification.
Einstein once said, "Everything should be made as simple as possible, but not simpler."
"Success is actually simplifying it. Forget many things you know, forget perspectives, forget others' perspectives. That's how I earned 0.1 billion dollars" ~ @Qullamaggie
Elon Musk's algorithms include questioning, deletion, and simplification.
Einstein once said, "Everything should be made as simple as possible, but not simpler."
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
