Summary of the first half of 2024: Thanking the bull market for the gains, looking forward to opportunities in the second half.
The AI revolution and weight loss drugs led bull market in US stocks in the first half of the year brought me approximately 40,000 Singapore dollars in total profits, outperforming the S&P overall. It's exciting, but it is important to actively summarize key trading experiences, improve and adjust trading strategies, and navigate through obstacles for investments in the second half of the year.
In a high interest rate environment, the market's upward momentum is mainly led by a few major technology companies. They share common characteristics of core competitiveness, strong profit-making ability, and ample cash reserves. Such companies must be included in investment portfolios. In a bull market, every pullback should be met with active adjustments through options combinations for additional positions.
This wave of AI leading companies, spearheaded by Nvidia, is fortunate. Currently, my largest source of profit comes from Nvidia. However, due to being overly conservative in strategy (earning option commissions by selling puts), I missed out on significant gains in the first half of the year. I believe that in the second half of the year, the AI wave will continue to lead the market. I will increase my position in Nvidia. The CUDA platform and the new Blackwell will tap into the 30 trillion computer deep learning market.
Weight loss drugs and the diabetes sector - Eli Lilly and Co and Novo-Nordisk are absolute top picks. Allocate some positions to these sector leaders; in the long run, it will not go wrong.
Investing the vast majority of money in funds is not a smart choice for a bull market. However, thinking in reverse, if the Federal Reserve starts a rate cut cycle in the second half of the year, where will the large amount of dormant cash deposits and cash funds in the market go? Apart from US stocks, I think cryptocurrency is also an undeniable presence. Therefore, allocating some positions to bitcoin-related stocks like ETFs is also a good bet.
5. Market speculation, does not mean it will not change, always remind yourself to stay humble, hot sectors will not always be hot, for underperforming sectors like healthcare, consumer goods companies, such as UNH, MCD and other defensive stocks should also allocate some risk diversification, and most importantly, set aside some funds to purchase insurance (buy put) to cope with the severe volatility in the second half of the year due to the election.
6. Finally, always tell yourself to keep learning and reading new things, cognition and vision are always the guide to profit. Looking forward to the second half of the year, hoping to earn a profit of 0.1 million united new coins, keep it up👏
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103911561 : Dude, you're great
ZmjjkK : great profit and nice watch btw
徐支歪歪 OP ZmjjkK :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Only in this way can you have the motivation to keep moving bricks and make money
Ch33 K8n : Can you teach my little brother how to achieve 4% return?
徐支歪歪 OP Ch33 K8n : Using Moomoo to automatically deposit to the cash fund, the return is almost 4%
Ch33 K8n 徐支歪歪 OP : That's 4% a year, you're always 3-5% a month. You're so awesome, teach little brother
徐支歪歪 OP Ch33 K8n : If you enjoy food in a bull market, you can't get a stable return every month
徐支歪歪 OP 徐支歪歪 OP : Then choose stocks and try to find industry leaders
Ch33 K8n 徐支歪歪 OP : Nvidia?
102651382 : i try
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