Profit Taking…Don’t be Greedy‼️ Holding more Cash is Vital🔥 Non-Farm Payroll Impact Rate Cut??🚨
Did not expect that the Sept Non-Farm Payroll gap is too huge from the estimation which is not good to Rate-Cut…As this might bring Inflation back and eventually Fed has to stop rate-cutting or might even raise rate?🥶 I’m not sure but this is gonna be a mix reaction among the market for a while, therefore I Bought puts on $Invesco QQQ Trust (QQQ.US)$ at the beginning of the market and closed it with more than 100% Profits which is juicy🥰
While, I’m still maintaining some shorts against $ProShares UltraPro QQQ ETF (TQQQ.US)$ $Coinbase (COIN.US)$ $Micron Technology (MU.US)$ 🤣🤣
For the long side, I am still holding $Tesla (TSLA.US)$ and $Alphabet-C (GOOG.US)$
Don’t have $NVIDIA (NVDA.US)$ anymore which I sold yesterday and yes I did open a short against NVDA today just for fun🤣🤣 as I assume it could not break the recent high 127-131…but if it goes down, it can go down to 105-108🫠
Lastly, I sold off all my Chinese Stocks, 11% Profits from $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ in less than 24 hours which is not bad, and I have closed my $Alibaba (BABA.US)$ as I feel like Alibaba is quite weak compared to Hang Seng Index…Alibaba did not really follow the trend of the index at all so I closed it at break even…
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
‼️ Swing Trade + Long Term Holding‼️
NVDA & TESLA 🟰 ❤️
ALPHABET & APPLE 🟰💙
🔥 Bitcoin 🔥
531Followers
9Following
1445Visitors
Follow
tuanle07 : I closed all of my Chinese positions too. Waiting for a dip to buy back. Can’t miss out on the Tue market. Haha
102137116 : Wonder when will be the pull back?
Anthony 27 OP tuanle07 : I am worried of Tuesday market..might be a sell off after a long week of rest..I could be wrong..but I do think any sell off is a buy for short term
Anthony 27 OP 102137116 : Dunno…I’m just waiting
tuanle07 Anthony 27 OP : I expect it’ll be the same as when HongKong came back from their holiday on Wed? Also so far the main source of fund flowing into the HK market has been from mainland China to keep the market floating. What makes you think that it’ll be a sell off on Tue?
Anthony 27 OP tuanle07 : Index up almost 30-40% in just 10 days…some stock up even 100-200% in 2 weeks…Profit taking is normal…
JERRY_ONG Anthony 27 OP : No worries, face is the most important thing of Chinese, we will keep it rise at least this year. After 90's and after 00's are running into the market, they are new fresh meat.
pootpoot : micron your forever best friend