Summary for the first half of 2024: Thanks for enjoying the bull market and looking forward to the opportunities in the second half of the year
The wave of AI revolution in US stocks in the first half of the year, and the bull market led by diet pills brought me a total profit of about SGD 42,000. The overall profit outperformed S&P, which is exciting, but I still need to actively summarize a few important trading experiences, improve and correct my trading strategies, and cut back on investment in the second half of the year.
1. In an environment of high interest rates, the upward momentum in the market is mainly led by a few major technologies. Their common characteristics are that their core competitiveness tends to be monopolized, profitability is strong, and cash is abundant. Such companies must be allocated to investment portfolios. Every time there is a pullback during a bull market, they should actively cooperate with the options portfolio to increase their positions.
2. This wave of leading AI companies led by Nvidia is fortunate that currently my biggest source of profit comes from Nvidia, but I missed the huge increase in the first half of the year due to being too conservative in strategy (selling and putting options with commission), but I think the AI wave will continue to lead the market in the second half of the year. I will increase my position on Nvidia. The Cuda platform and the new Blackwell will open up the 30 trillion computer deep learning market.
3. In the field of diet pills and diabetes, Eli Lilly and Novo Nordisk are the absolute best choices. Allocating some positions to leading stocks in this field will not be wrong in the long run.
4. Investing the vast majority of money in funds is not a smart choice for a bull market, but thinking the other way around, if the Federal Reserve starts a cycle of interest rate cuts in the second half of the year, then where will the large amount of dormant cash deposits and cash funds in the market begin? In addition to US stocks, I think cryptocurrencies can't be ignored, so allocating some positions to Bitcoin-related stock ETFs is also a good bet.
5. Enjoying the market doesn't mean it won't change its face. Remind yourself forever to stay in awe. Hot sectors won't always be hot. For healthcare and consumer goods companies that are currently underperforming, such as defensive stocks such as UNH and MCD, they should also allocate some diversified risk, and most importantly, spend some money to buy insurance (buy put) to cope with sharp fluctuations in the second half of the year due to the general election.
6. Finally, always tell yourself to keep learning and reading new things. Perception and vision will always guide profit. Looking ahead to the second half of the year, I hope to make a profit of SGD 100,000, come on 👏
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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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