Finally done with the very intense paper trading competition! Oh my! This is more fun than any of the extreme sports that I have done! Below are some thoughts and learnings that I have after the competition: 1. Timing is everything ⏱️ The ability to ride the crest and trough of market fluctuations is the key to a successful trading session. I got into$Intel (INTC.US)$$NVIDIA (NVDA.US)$$Tesla (TSLA.US)$and$NIO Inc (NIO.US)$all at their highs and couldn’t exit in time. 2. S...
It has been a week into the competition. Today being the last day. had wanted to end it with a bang💥 except market sky dived at the start$S&P 500 Index (.SPX.US)$. Would have done better if I was covering China Market on retrospectively speaking.However personally its not a stock that I want to hold long term thus the aversion of trades. Actual: Best performing options:$Alphabet-C (GOOG.US)$$Apple (AAPL.US)$$Tesla (TSLA.US)$ Can be better O...
10baggerbamm
:
rate cuts are potentially fucked how's that for a starting sentence. because of the organized mob leader that's running the ports which are now on strike over 40,000 workers are sitting on their ass waiting for this piece of shit extortionist and basically a terrorist cuz that's what he is to get more money from the companies and to prevent further automation and any automation to the loading docks. this piece of shit who came out and said I will cripple you meaning the United States if he doesn't get his way, if this strike goes for more than a few days it will take weeks to get all the ships back into the queue unloaded back to their original ports to pick up goods to bring back to the east coast and to the Gulf Coast. if it goes for 2 to 3 weeks you're talking about GDP that will be affected you are talking about inflation that will Spike just like during covid. and if inflation spikes chairman Mao of the Federal reserve because he uses trailing data he will be less inclined to lower rates a quarter point at the next meeting and a quarter for the last meeting of the year. so if you think rate cuts are coming I suggest you take a real close look at the strike that's taking place on the East Coast because that and that alone is going to determine if there are any rate cuts.
$Alphabet-A (GOOGL.US)$ we know google is still the leader in advertising in the world. their android is use by billion of users. this subscription is cheap compare to other service. and they have an entire ecosystem from hardware to software. not to mentioned YouTube... still no.1 source of video streaming service in the world(don't compare with short video ) so someone with such a portfolio. if you are into long term investment... this is another easy decision.
Below are some thoughts and learnings that I have after the competition:
1. Timing is everything ⏱️
The ability to ride the crest and trough of market fluctuations is the key to a successful trading session. I got into $Intel (INTC.US)$ $NVIDIA (NVDA.US)$ $Tesla (TSLA.US)$ and $NIO Inc (NIO.US)$ all at their highs and couldn’t exit in time.
2. S...
The U.S. stock market closed higher, with $Dow Jones Industrial Average (.DJI.US)$ rising by 0.09% to 33,585.00 as certain sectors, including technology and consumer services, performed well. Companies like $Salesforce (CRM.US)$ gained 3.18% to close at $279.48, and $AMEX (AMEX.US)$ rose by 0.86% to $270.92, leading the Dow’s positive momentum. However, declines in $Nike (NKE.US)$ and $Intel (INTC.US)$ capped ...
Investors seem to be adopting a slightly cautious approach now. Some are even taking profits.
The next important event would be this Friday’s jobs report.
$SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $Tesla (TSLA.US)$ $NVIDIA (NVDA.US)$ $Microsoft (MSFT.US)$ $Meta Platforms (META.US)$ $Nike (NKE.US)$ $Alphabet-A (GOOGL.US)$ $Amazon (AMZN.US)$ $Advanced Micro Devices (AMD.US)$
Would have done better if I was covering China Market on retrospectively speaking. However personally its not a stock that I want to hold long term thus the aversion of trades.
Actual:
Best performing options: $Alphabet-C (GOOG.US)$ $Apple (AAPL.US)$ $Tesla (TSLA.US)$
Can be better O...
$NVIDIA (NVDA.US)$, $Apple (AAPL.US)$ & $Amazon (AMZN.US)$ Climbed to green but not recovered to previous levels yet.
$Alphabet-C (GOOG.US)$ , $Microsoft (MSFT.US)$, $Meta Platforms (META.US)$ & $Tesla (TSLA.US)$ didn’t do as well as expected
$Tesla (TSLA.US)$delivery numbers missed expectations by a...
Larger Image: tradingview.com...
$IonQ Inc (IONQ.US)$
we know google is still the leader in advertising in the world. their android is use by billion of users. this subscription is cheap compare to other service. and they have an entire ecosystem from hardware to software. not to mentioned YouTube... still no.1 source of video streaming service in the world(don't compare with short video )
so someone with such a portfolio. if you are into long term investment... this is another easy decision.
No comment yet