18/19 July Summary of my 6 trades
### My Recent Trades: PLTR, QQQM, Alphabet, and Amazon
Yesterday and today have been quite eventful in my trading journey. I made several key investments, each with its own strategic reasoning. Here's a breakdown of what I did and why I made these choices.
**Palantir Technologies (PLTR):**
I purchased fractional shares of Palantir at prices around $28.00. My interest in PLTR stems from its strong position in the data analytics and AI sector. Palantir has consistently demonstrated its ability to secure substantial government contracts and expand its commercial business. With the increasing reliance on big data and AI solutions across various industries, Palantir is poised for growth. I believe in the long-term potential of this company, and the current price presented an attractive entry point for my portfolio$Palantir Technologies Inc.(PLTR)$
**Invesco NASDAQ 100 ETF (QQQM):**
I bought fractional shares of QQQM at prices just below $200. This ETF tracks the Nasdaq 100, which includes tech giants and other innovative companies. The recent dip from a high of $206 to around $198 created a perfect buying opportunity. My decision to buy at $199.89 and $200.00 was driven by the belief in the long-term growth of the tech sector. By dollar-cost averaging, I'm positioning myself to benefit from the overall upward trend in technology stocks while mitigating short-term volatility.
**Alphabet (GOOGL):**
I added fractional shares of Alphabet at $180.89. As a dominant player in digital advertising, cloud computing, and AI, Alphabet continues to show robust growth and innovation. Their diverse revenue streams and strong financial health make them a solid long-term investment. The recent market conditions provided a good opportunity to add Alphabet to my portfolio at a favorable price.
**Amazon (AMZN):**
I also bought fractional shares of Amazon at $189.13. Amazon's dominance in e-commerce, cloud computing (AWS), and its growing presence in digital advertising make it a powerhouse. The company's continuous expansion into new markets and innovative ventures ensure its relevance and growth potential. The current price dip allowed me to invest in Amazon at a discount, aligning with my strategy of buying quality stocks at attractive valuations.$Amazon.com(AMZN)$
Overall, these purchases reflect my belief in the long-term potential of technology and innovative companies. By strategically buying on dips and focusing on strong fundamentals, I'm building a diversified and growth-oriented portfolio.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
There was a stock YouTuber who bought PLTR and $7 and sold at $10 and said to short QQQ in May 2023. Hasn't been the same since. I think people keep their sales quiet in a bull market since they dont want to be that person that sells and stock doubles within 12 months.
I remember the days where market was falling 1% and Palantir plunged 10% without any news. Everything changed now and it will just getting better and better
Guys, Even after Nasdaq crashing today, PLTR was stead fast with a little drop.
Choice is yours and decision is you’re . I love PLTR, Cheers
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