$NVIDIA (NVDA.US)$
NVDA fell, but chip stocks such as AMD rose. I really didn't expect this trend yesterday. But now it seems reasonable.
After yesterday's market, NVDA dropped to around 118 or even lower. I exchanged AMD and TSM for NVDA in the same position at around 118. Currently, NVDA has become my super largest position. The number of positions is equal to the second largest position (utilities, several stocks combined) and the third largest position ( $Tesla (TSLA.US)$ ) is the sum of.
I don't usually trade before and after the market, but yesterday I was really worried that NVDA would collapse the entire AI chip, causing others to drop even more. However, the opposite is true, $Advanced Micro Devices (AMD.US)$ Today, instead, it went up As it turns out, there's really no need for after-market trading unless you speculate on the ultra-short term.
Overall, however, in terms of technology, NVDA is still stronger than AMD. AMD needs to break through the important resistance around 170-175, that is, the cost of buying in a heavy position before and then being locked in, switching positions and cutting meat
$Bitcoin (BTC.CC)$ The flatbread side, for now, is being treated in reverse. If we want to continue our offensive, we must maintain the current price of around 61,000 to prevent the 20-day average from turning its head downward. As long as they can hold on, the bulls will have 10 days to accumulate strength and continue their offensive. If it falls below again...

$Super Micro Computer (SMCI.US)$
Last time. $NVIDIA (NVDA.US)$ I am very bullish on the earnings report, but unfortunately, I believed in SMCI's evil and didn't go all in on NVDA, instead I split my investment between NVDA and SMCI, as a result, I was fooled by this thing and missed out on a lot.
Later, I didn't give up. When smci fell to 700, I bought it again, but I learned my lesson and immediately closed my positions when I realized the momentum was not right. I suffered two losses, but finally gained wisdom and stayed away from smci, only buying nvda and other high-quality companies including $Advanced Micro Devices (AMD.US)$ $Taiwan Semiconductor (TSM.US)$ $ASML Holding (ASML.US)$ 。
A netizen asked me what I think about smci earlier, and I immediately replied: better to buy nvda. I hope he saw my message.
In conclusion, trading stocks can indeed improve one's intelligence. Just for this reason, I will continue to persist.
Today, my positions in nvda, amd, and tsm are likely affected by smci, as they all declined. It's okay, the focus is on the after-hours earnings report.

$UnitedHealth (UNH.US)$
UNH fell to around 512 before the market opened today. I was initially planning to buy some, but then decided against it. Unnecessarily, I do not trade before or after the market. Just a few minutes after the market opened, seeing this trend, confirming it was okay, I bought in at 535.
A leading high-quality stock that has traded sideways for two years, once it breaks out with increased volume, what will the subsequent increase look like? Last June. $Costco (COST.US)$ Has already taught me a lesson. I learned from the experience, so in February I heavily invested. $Taiwan Semiconductor (TSM.US)$ , Learn from mistakes and become wiser.
Although 515-535 has fallen a lot, but what does this matter for the potential future increase? Once the situation opens up, different strategies will make different profits. If you choose trend trading like me, you are destined to give up the head and tail of the fish, which is determined by the trading strategy itself.
The reason why UNH has been trading sideways for two years is due to various factors such as Fed rate hikes, Biden's policies, and company management. There are reasons for the lack of stock price appreciation. Now, most of these factors are no longer present, so the stock price can naturally break through the heavy pressures and embark on a new journey. (If there is an unexpected reversal in the election and Trump loses, then we'll see)
Currently, the two stocks I plan to buy and hold are $UnitedHealth (UNH.US)$ Last night, the puzzle was solved. But I haven't been vigilant enough to watch the roller coaster in the second half of the night. Regarding the recent performance of the U.S. stocks, I have already given sufficient forward-looking in the review, basically verified, but there are still many puzzling places, the most puzzling one is $Tesla (TSLA.US)$ As for the stop-loss plan, for the sake of a...

$Advanced Micro Devices (AMD.US)$
In the past few days, there were multiple failed attempts to break through, although there was bullish news yesterday, AMD's stock price fell instead. I started to worry, so I slightly reduced my positions, but still have many positions left.I didn't expect it to suddenly crash today. Now there's no way to escape.
Currently, we can only watch whether the support near 162 can hold. If it doesn't hold, the previous W-shaped bottom structure will be gone, and we will have to surrender and admit defeat.
I still recommend not copying my homework. I am just a retail investor, similar to everyone else, and often lose money too. It's already hard enough for me to lose money, so if my friends also end up losing money, it would make me even sadder.
Here I mainly share my thoughts, and everyone can take it as a reference. I welcome all rational discussions and criticism with reasons, but personal attacks are prohibited, which is meaningless. I invest to make money, not to gain popularity. I don't have Twitter and YouTube, and the traffic here won't be monetized. My goal is to improve my trading skills, make money from investments, and progress together.
However, there are also some gratifying things, such as $UnitedHealth (UNH.US)$ , such as $Bitcoin (BTC.CC)$ , which have been performing quite well in the past few days.
I was also following before $Utilities Select Sector SPDR Fund (XLU.US)$ I bought some during the pullback yesterday, I think it's likely to benefit from the interest rate cut, probably still...

Hi everyone. As you may know I am honoured to be a regular fixure in Australian media, as a market strategist and commentator. Most days and weeks I am in mainstream media but I get so busy working, that I don't get to share with you all, the key takeaways of what I covered.
This morning I was on ABC News Radio. Wednesday, June 12 2024 10.25 am Sydney time. I covered what's happen...

$Snowflake (SNOW.US)$ What happened to this stock after hours?