Happy Win
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Nothing earth shaking or sophisticated, not able to manage risk and put stop loss to trades are by far biggest mistakes for me.
This year, the Chinese theme stocks were just super volatile.
Just to name a few. On a particular counter, I decided to average down instead of sticking to my trading plan to cut loss when the price dropped. Holding to the believe, the storm will be over soon and it will rebound soon. That was in May and the stock just keep forming lower low and breaking new lows
It is now a long term investment.
Since then, I always make sure I have stop loss for each trade and not to take on extra risks.
This year, the Chinese theme stocks were just super volatile.
Just to name a few. On a particular counter, I decided to average down instead of sticking to my trading plan to cut loss when the price dropped. Holding to the believe, the storm will be over soon and it will rebound soon. That was in May and the stock just keep forming lower low and breaking new lows
It is now a long term investment.
Since then, I always make sure I have stop loss for each trade and not to take on extra risks.
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Happy Win
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$Waitr Holdings (WTRH.US)$ If “they” can drop the price so easily, “they” can raise the price just as easily. It’s just a waiting game folks. This will both organically begin to rise and will be manipulated higher. Eventually. It’s inevitable. Happy Thanksgiving!
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$Apple (AAPL.US)$ The sudden rise is just a sweetener for you haha, I estimate that bitcoin will drop to 35,000, it's going to be tough next.
Translated
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$Pfizer (PFE.US)$ $Moderna (MRNA.US)$ The coronavirus is mutating, and even after vaccination, there is still concern. In addition, vaccination rates are not high enough to achieve herd immunity (70%). About 60% of adults in the US are fully vaccinated, according to the Mayo Clinic. As a result, the US is still reeling from the virus, and the pressures of the pandemic are affecting consumer confidence.
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Will Santa Deliver a Rally?
I were concerned that Friday's consumer price index report might trigger some selling but, although it was the highest reading in nearly 40 years, it was roughly in line, and the market action was muted. What did occur was another round of indexes running higher on negative breadth.
A few big caps like $Apple (AAPL.US)$ , $Oracle (ORCL.US)$ , $Microsoft (MSFT.US)$ , $Ford Motor (F.US)$ the surface, there were 3,450 advancing stocks to 4,650 decliners, and there were 110 new highs to 170 new lows. The Russell 2000 ETF ( $iShares Russell 2000 ETF (IWM.US)$ ) and ARK Innovation ETF ( $ARK Innovation ETF (ARKK.US)$ ) finished in the red, while the Dow Jones, Invesco QQQ fund ( $Invesco QQQ Trust (QQQ.US)$ ) , and the S&P fund ( $SPDR S&P 500 ETF (SPY.US)$ ) were green. Small caps and growth stocks lagged.
I were concerned that Friday's consumer price index report might trigger some selling but, although it was the highest reading in nearly 40 years, it was roughly in line, and the market action was muted. What did occur was another round of indexes running higher on negative breadth.
A few big caps like $Apple (AAPL.US)$ , $Oracle (ORCL.US)$ , $Microsoft (MSFT.US)$ , $Ford Motor (F.US)$ the surface, there were 3,450 advancing stocks to 4,650 decliners, and there were 110 new highs to 170 new lows. The Russell 2000 ETF ( $iShares Russell 2000 ETF (IWM.US)$ ) and ARK Innovation ETF ( $ARK Innovation ETF (ARKK.US)$ ) finished in the red, while the Dow Jones, Invesco QQQ fund ( $Invesco QQQ Trust (QQQ.US)$ ) , and the S&P fund ( $SPDR S&P 500 ETF (SPY.US)$ ) were green. Small caps and growth stocks lagged.
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$Dynavax Technologies (DVAX.US)$ is the adjuvant for $Valneva (VALN.US)$ and $CLOVER BIO-B (02197.HK)$ vaccine…. they will be real answers to the new variant. Bullish
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The $S&P 500 Index (.SPX.US)$ rose 0.95% to 4,712.02 to close at a record. The 500-stock average sits 0.7% from its all-time high. The $Dow Jones Industrial Average (.DJI.US)$ gained 216.30 points, or 0.6%, to 35,970.99. The technology-focused $Nasdaq Composite Index (.IXIC.US)$ climbed 0.7% to 15,630.60.
The Dow Jones Industrial Average rose 4% since Monday, snapping a 4-week losing streak. The 30-stock index had its best weekly performance since March. The S&P 500 and Nasdaq Composite added 3.8% and 3.6%, respectively, this week — the best since February for both indexes.
Inflation soared 6.8% year-over-year in November to highest rate since 1982, the Labor Department said Friday. The print came in slightly higher than the 6.7% Dow Jones estimate. The consumer price index, which measures the cost of a wide-ranging basket of goods, rose 0.8% for the month.
Core CPI, which excludes food and energy prices, rose 0.5% for the month and 4.9% from a year ago, in line with estimates.
$Oracle (ORCL.US)$ $Ford Motor (F.US)$ $Broadcom (AVGO.US)$
The Dow Jones Industrial Average rose 4% since Monday, snapping a 4-week losing streak. The 30-stock index had its best weekly performance since March. The S&P 500 and Nasdaq Composite added 3.8% and 3.6%, respectively, this week — the best since February for both indexes.
Inflation soared 6.8% year-over-year in November to highest rate since 1982, the Labor Department said Friday. The print came in slightly higher than the 6.7% Dow Jones estimate. The consumer price index, which measures the cost of a wide-ranging basket of goods, rose 0.8% for the month.
Core CPI, which excludes food and energy prices, rose 0.5% for the month and 4.9% from a year ago, in line with estimates.
$Oracle (ORCL.US)$ $Ford Motor (F.US)$ $Broadcom (AVGO.US)$
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