$Puxin (NEW.US)$ -2.48

$Puxin (NEW.US)$ 💪

$Opendoor Technologies (OPEN.US)$ nice uptrend, should edge higher when more people starts to divert more money in upgrading their homes during the pandemic

Ladies and gentlemen, it is your friendly neighbourhood 股神 again.
It has been quite awhile since I last posted. Much has happened lately with the fed's tapering, upcoming interest rate hike, omicron variant, etc.
At this current juncture of market volatility and massive sell-offs, growth stocks have entered deep value territory, while large capitalization stocks have entered a bubble. In the upcoming weeks, I foresee a rotation of funds from large capitalization stocks to growth stocks amidst the upcoming progressive interest rate hike of 0.25% to 0.75% by 2022 year end. The interest rate hike should remain as projected and not be increased, to cushion the impact of the omicron variant on the economy.
Many feared the uncertainty which the omicron variant brings to the stock market, but I view it as an opportunity of a lifetime. With the current data from South Africa, Europe and the world, it is preliminarily conclusive that the omicron variant is indeed much more transmissive. In fact, it is found that the omicron variant is at least 5 times more transmissive than the delta variant. However, it appears that the omicron variant is much milder in terms of severity. With a tremendous number of people in the millions contracting the omicron variant, only a very very small percentage of people are hospitalised and slightly more than a dozen dead. I believe that this variant will be unstoppable, but humans will evolve and thrive. It will indeed be the survival of the fittest. The recovery will be very swift as herd immunity will be achieved in a very short period of time. Finally, either the omicron variant or the next will bring the virus to common cold level of severity and be truly endemic in the world.
So, what stocks do we hold in such market conditions? Well, we should hold those which are covid-proof - those which can grow and thrive in an uncertain world economy and order. To reveal, I am currently holding stocks of $ChargePoint (CHPT.US)$ $Opendoor Technologies (OPEN.US)$ $Palantir (PLTR.US)$ $Skillz (SKLZ.US)$ and $SoFi Technologies (SOFI.US)$. One does not need a massive diversification, for diversification is a protection against ignorance. Holding 5 to 15 stocks is more than diversified for the informed investor. Lastly, to balance between asset class, I am holding stocks of $Hut 8 (HUT.US)$, which have lower correlation to the general stock market.
On a side note, Chinese stocks are no longer worth holding from now to the near future with the recent turn of events - forced delisting of Chinese stocks, blacklisting of Chinese companies, heightened escalation of US-China tensions, evergrande default, etc. I have sold out my positions and took some losses in $Futu Holdings Ltd (FUTU.US)$ and $UP Fintech (TIGR.US)$. This rebalance of portfolio is vital, considering opportunity costs.
To conclude, I wish you all all the best in your investment journey. Merry Christmas and a Happy New Year. To a brighter future. Cheers!!

$Globalstar (GSAT.US)$ buying time!

$Opendoor Technologies (OPEN.US)$ Wedbush Removes Outperform-Rated Opendoor Technologies From Best Ideas List; Price Target is $34

$Pasithea Therapeutics (KTTA.US)$ @Mcsnacks H Tupack Sir, need your help to provide your view on this. What do the IPO registration mean and what will happen to the stock?

$Lucid Group (LCID.US)$ inclusion to Nesdaq 100 on 20 Dec don’t forget! they will get fund house attention and start to buy in January when they rebalance portfolio