My target is to always do better than the $SPDR S&P 500 ETF (SPY.US)$ . If we can't, we should just DCA/Invest into SPY. Luckily, this Q1, I outperform, the SPY by about 14.11%. It could have been even better if I stick to my strategy and take more profit during the small revert spike before the dips in smaller tech stocks.
3 Things that helped me:
1. Selling Cash Secured Put
Consistently taking realized profit by selling Cash Secured Put and closing it before assignment at a profit has helped me well. I often look to sell a put during the small dips that tend to give a good premium. Most of the time, I am always willing to be holding it at assignment if it ever reaches the price. Then I will take profit usually above the 75% profit mark and rinse and repeat for new put tr...
3 Things that helped me:
1. Selling Cash Secured Put
Consistently taking realized profit by selling Cash Secured Put and closing it before assignment at a profit has helped me well. I often look to sell a put during the small dips that tend to give a good premium. Most of the time, I am always willing to be holding it at assignment if it ever reaches the price. Then I will take profit usually above the 75% profit mark and rinse and repeat for new put tr...
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The stock market is an interesting game. The majority of the retailers want to be right than actually making money. The ones who can make some money when being wrong and make more money when being right are the seasoned retailer. So, how do you do that?
1. Don't be stubborn
Always know that things can change. The stock market can be green one day and red the next. No amount of technical indicators, momentum, or market sentiment will help. You might invest in a big company like Wirecard to only get caught in limbo with large losses.Admit that you can be wrong.
Always look for evidence that is different from your understanding. Stop bashing the other party who offer another viewpoint. (Of course, got some are entirely bs-ing). You don't have to win the argument with them. All you need to do is evaluate their concern and decide if it even makes sense. The one who held on to...
1. Don't be stubborn
Always know that things can change. The stock market can be green one day and red the next. No amount of technical indicators, momentum, or market sentiment will help. You might invest in a big company like Wirecard to only get caught in limbo with large losses.Admit that you can be wrong.
Always look for evidence that is different from your understanding. Stop bashing the other party who offer another viewpoint. (Of course, got some are entirely bs-ing). You don't have to win the argument with them. All you need to do is evaluate their concern and decide if it even makes sense. The one who held on to...
Traditional retail business with not so traditional marketing. Brilliant choice by Walmart to look to expand its consumer from the younger demographics. Should you buy it?
$Walmart (WMT.US)$ with strong balance sheet and trading below the fairvalue base on Simply Wall St. They are affected more due to the missed earning, but in the long run, this look like a good investment still.
Trading almost 30$ below its fair value, this will be a good buy. I believe that exposing themselves to a younger market with TikTok, if this is...
$Walmart (WMT.US)$ with strong balance sheet and trading below the fairvalue base on Simply Wall St. They are affected more due to the missed earning, but in the long run, this look like a good investment still.
Trading almost 30$ below its fair value, this will be a good buy. I believe that exposing themselves to a younger market with TikTok, if this is...
$SPDR S&P 500 ETF (SPY.US)$ pushed to all time high yesterday. Tech and Ev stocks already show sign of reversal. Can it catch up?
$Invesco QQQ Trust (QQQ.US)$ near 50MA at $320
If we can break 50MA today at $320, tech stocks will likely be green.
However we have few consecutive green days already. I believe that some will likely take profit at this resistance point. If you intend to buy in, can consider to wait for a small dip at opening and look for a sign of reversal.
How will the market open?
...
$Invesco QQQ Trust (QQQ.US)$ near 50MA at $320
If we can break 50MA today at $320, tech stocks will likely be green.
However we have few consecutive green days already. I believe that some will likely take profit at this resistance point. If you intend to buy in, can consider to wait for a small dip at opening and look for a sign of reversal.
How will the market open?
...
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Yesterday SPY closes barely green while NASDAQ are slighty red. It look like the market correction is coming to an end if we have a good green candle tonight.
It help when HKEX closes green with some of the tech stocks like $MEITUAN-W (03690.HK)$ and $KUAISHOU-W (01024.HK)$ showing a larger green candle. On confirmation, I believe some of the larger and less affected by the correction stocks should more up more aggressively. If you already bought the dips or average down, then when green day happen, you should be above the water! ...
It help when HKEX closes green with some of the tech stocks like $MEITUAN-W (03690.HK)$ and $KUAISHOU-W (01024.HK)$ showing a larger green candle. On confirmation, I believe some of the larger and less affected by the correction stocks should more up more aggressively. If you already bought the dips or average down, then when green day happen, you should be above the water! ...
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Yesterday, $Skillz (SKLZ.US)$ and many other tech and ev stocks closed green. SKLZ are in the middle of Short seller report and a upcoming earning release post market close 10/mar, today.
$ARK Next Generation Internet ETF (ARKW.US)$ continue to add over the last two day despite the short report.
Cathie Wood actually added more shares yesterday than 8 of March. I am long bias on this and feel that they will be doing well. Can consider a quick intraday on earning. For investing, it will rely on future pathership and game development to work well with their business model of “gambling” against other player.
If you are interested in EV play, I suggest to pay attention to ...
$ARK Next Generation Internet ETF (ARKW.US)$ continue to add over the last two day despite the short report.
Cathie Wood actually added more shares yesterday than 8 of March. I am long bias on this and feel that they will be doing well. Can consider a quick intraday on earning. For investing, it will rely on future pathership and game development to work well with their business model of “gambling” against other player.
If you are interested in EV play, I suggest to pay attention to ...
The good things is; a rotation are not a signal of a bear market. But it also does not signal a bull market for the sector that are green. We need a diversified portfolio to benefit from sector rotation.
I am heavy in tech, about 50% but also has another 25% in banks and another in Singapore reits since last year. Banks are gaining while reits dip slightly.
I am taking small position profit on banks stocks and reposition it into some other tech company that I don’t currently hold in this dips. Bigger company like ...
I am heavy in tech, about 50% but also has another 25% in banks and another in Singapore reits since last year. Banks are gaining while reits dip slightly.
I am taking small position profit on banks stocks and reposition it into some other tech company that I don’t currently hold in this dips. Bigger company like ...
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On Friday closing, SPY is back to green with a bullish pin bar. We also have positive news about the passes of the Covid-19 relief bill by the senate. All this points to a reversal, but is it?
First, a bullish pin bar does not guarantee a reversal. We still need to see how the market performs later and the price action and volume. If you have been following me, I have already invested in the big company during the dips last few days. Today, I will focus more on short intraday swing trade to take advantage of this volatility.
Some trades that I am looking at today will be:
...
First, a bullish pin bar does not guarantee a reversal. We still need to see how the market performs later and the price action and volume. If you have been following me, I have already invested in the big company during the dips last few days. Today, I will focus more on short intraday swing trade to take advantage of this volatility.
Some trades that I am looking at today will be:
...
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Not many expect the $1.9 trillion Covid-19 relief bill to pass over the weekend. I was expecting it to be passed during the coming week.
Maybe, we will see this more often with Democrats also the majority in Senate.
How the retail and institutional investors react to this will be shown on Monday trading day. I feel that many stocks are currently in the oversold region and we should see some bounce on Monday. We will need a few solid green days to prove the correction is over.
For investing, I already buy into large-cap stocks to take advantage of this drawdown. So no further movement for me, unless there is another big drawdown for me to average down.
For trading, I will look for stocks that will have a pre-market gap up or down and do intra-day trading on Monday. I am expecting a swing for feel stocks in EV that has been volatile in th...
Maybe, we will see this more often with Democrats also the majority in Senate.
How the retail and institutional investors react to this will be shown on Monday trading day. I feel that many stocks are currently in the oversold region and we should see some bounce on Monday. We will need a few solid green days to prove the correction is over.
For investing, I already buy into large-cap stocks to take advantage of this drawdown. So no further movement for me, unless there is another big drawdown for me to average down.
For trading, I will look for stocks that will have a pre-market gap up or down and do intra-day trading on Monday. I am expecting a swing for feel stocks in EV that has been volatile in th...
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