102965036
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$Tesla (TSLA.US)$ Should we still believe it will rise back up?
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102965036
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The Russell has fallen below the previous wide range oscillation box, and small cap stocks are about to return to the bear market.
The sharp drop in the Russell is an early indicator of a decline (or expected decline). Last year, before the wailing, there was also a trend of sharp decline in the Russell.
I predict that once the 10-year treasury bond breaks through 5%, the market's expectation of decline will inevitably rise again, and there will be wailing again. However, whether it is really a decline, or another case of 'the boy who cried wolf', I cannot predict.
Once this expectation rises again, technology stocks will also need to fall. For example, in October last year, the Dow rose first, and the Nasdaq didn't catch up until January this year. Once the tech giants' performance collapses, the fall will be brutal. And due to the current high prices (pe), the impact of a double Davis scare is even greater. $Tesla (TSLA.US)$ Before that, which unethical analyst raised the target price to 400, everyone should still remember. The result was a collapse, but it's still at 400. As long as it doesn't fall below 200, it's considered a success. I had mostly cleared my tsla position before, waiting for the market to choose a direction. Just bought a little bit when tsla touched the ma200, currently at 2% position.
Furthermore, $Apple (AAPL.US)$ Cook going to China won't work. It's better to quickly develop the next generation of smartphones with artificial intelligence. Currently, the stock price is also approaching the end of a triangle, so I won't act rashly before the financial report.
$NVIDIA (NVDA.US)$ The box is also fluctuating, with no real opportunity.
Technology...
The sharp drop in the Russell is an early indicator of a decline (or expected decline). Last year, before the wailing, there was also a trend of sharp decline in the Russell.
I predict that once the 10-year treasury bond breaks through 5%, the market's expectation of decline will inevitably rise again, and there will be wailing again. However, whether it is really a decline, or another case of 'the boy who cried wolf', I cannot predict.
Once this expectation rises again, technology stocks will also need to fall. For example, in October last year, the Dow rose first, and the Nasdaq didn't catch up until January this year. Once the tech giants' performance collapses, the fall will be brutal. And due to the current high prices (pe), the impact of a double Davis scare is even greater. $Tesla (TSLA.US)$ Before that, which unethical analyst raised the target price to 400, everyone should still remember. The result was a collapse, but it's still at 400. As long as it doesn't fall below 200, it's considered a success. I had mostly cleared my tsla position before, waiting for the market to choose a direction. Just bought a little bit when tsla touched the ma200, currently at 2% position.
Furthermore, $Apple (AAPL.US)$ Cook going to China won't work. It's better to quickly develop the next generation of smartphones with artificial intelligence. Currently, the stock price is also approaching the end of a triangle, so I won't act rashly before the financial report.
$NVIDIA (NVDA.US)$ The box is also fluctuating, with no real opportunity.
Technology...
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Despite the 3rd quarter earning season coming to an end, the stock market remained unpredictable in September. $Tesla (TSLA.US)$'s shrinking Q3 production and deliveries caused a dip, but a glowing report from Morgan Stanley turned things around. Following the 2023 press conference, $Apple (AAPL.US)$ shed nearly US$50 billion in market value, though the company's stock rose again partly due to the success of the iPhone 15 Pro. $Arm Holdings (ARM.US)$, this yea...
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102965036 : Very likely, expected between 244 and 264