MMM 240719 105.00P (MMM240719P105000) Stock Options, News & Quotes

1.38
-0.12-8.00%

15min DelayClose Jul 19 16:00 ET

1.38High0.78Low

SymbolStock Name

Latest PriceChg%ChgVolumeTurnoverOpenPre CloseHighLowMarket CapFloat CapSharesShs Float5D %Chg10D %Chg20D %Chg60D % Chg120D %Chg250D %Chg% Year-to-dateDiv YieldTTMTurnover RatioP/E (TTM)P/E (Static)AmplitudeIndustry

Comments

EZ_money

Jul 17 12:01

$3M(MMM.US)$ i can always rely on Big M

doctorpot1

Jul 13 14:22

First half of 2024 is all about rolling option on great trade

The first half of 2024 has been a promising period for my investment portfolio, despite its heavy tilt towards Chinese and Singaporean stocks. With a performance of 9.20% , my portfolio has outpaced the $Hang Seng Index(800000.HK)$, the $CSI 300(LIST20861.HK)$, and the $FTSE Singapore Straits Time Index(.STI.SG)$, though it fell short of the remarkable gains seen in the US markets, particularly the $S&P 500 Index(.SPX.US)$ and the $Nasdaq(NDAQ.US)$. Of cours...

+10

2024 half-year recap: Tell us your trading story

151743798 : If you sell Chinese stocks and exchange them all for US stocks, especially high-tech stocks, you didn't have 9% in the first half of the year, but 39%. I'm curious if you're still buying Chinese stocks. Aren't big A-shares even better?

Report
Reply

Cancel Reply
doctorpot1OP 151743798: It's true that US high-tech stocks have performed exceptionally well, offering significant returns that outpaced my portfolio's 9% gain in the first half of the year. However, my investment philosophy is grounded in long-term value investing, and I believe that Chinese stocks, particularly those with solid fundamentals, have the potential for substantial rebounds of 100%, 200%, or even 300% as the Chinese market recovers. That said, predicting market movements is inherently uncertain, and diversification remains a crucial part of my strategy.
Yes, I am still buying Chinese stocks, but I'm also diversifying my portfolio further by allocating some cash into bonds and REITs to take advantage of higher yields as interest rates are expected to drop. This provides a balanced approach, combining growth potential with income stability.
As for A-shares, I prefer investments where I can employ options strategies. Options allow me to hedge my trades and enhance returns through strategies like covered calls and LEAPS. Since I can't use options on A-shares, they don't align with my current investment strategy.

Report
Reply

Cancel Reply
葡萄山 : We have no way of predicting what will happen tomorrow, but we must be prepared to take risks. And I think doing what we should do now is to prepare the best for the future.

Report
Reply

Cancel Reply
steady Pom pipi :

Report
Reply

Cancel Reply
doctorpot1OP 葡萄山: Absolutely. The future is always uncertain, whether we're looking at US tech stocks, Chinese markets, or Singaporean equities. This unpredictability underscores the importance of taking calculated risks and maintaining a diversified strategy.
US tech stocks might continue their impressive rally, but there's also the possibility of a correction. The same goes for Chinese and Singaporean markets. Given this inherent uncertainty, diversification is crucial. This not only means diversifying within the stock market across different sectors and regions, but also looking beyond stocks altogether.
In my strategy, I've been focusing on including cash, money market funds, bonds, REITs, and real estate in my portfolio. Additionally, starting up businesses further provides safety nets and enhances my diversification.
Preparing for the future involves a multi-dimensional approach. It's about spreading risk across various asset classes and regions, staying flexible, and being ready to adapt to whatever the market throws our way. By doing so, we not only mitigate risks but also position ourselves to seize opportunities as they arise.

Report
Reply

Cancel Reply

View more comments...

$3M(MMM.US)$ fly

ColumnsToday's Morning Movers and Top Ratings: TSM, TSLA, MMM, SPOT and More

Morning Movers
Gapping up
$Taiwan Semiconductor(TSM.US)$ 's shares grew by 2.53% as the company reported a substantial 32% surge in second-quarter revenue compared to the previous year.
$Microsoft(MSFT.US)$ stock witnessed a 0.4% uplift after the tech giant indicated a willingness to forfeit its observation seat on the board of OpenAI, amidst increasing regulatory examination of generative artificial intelligence in the U.S. an...