Overdone?

2023-09-29

Personally, i think the recent brutal sell off has been overdone. But I like overdone stuff (except for my steak haha), so that I can take the opposite direction, and be a contrarian. Interestingly, Fear and Greed index has reached extreme greed level 2 days ago - the first time in about 6 months.

Be greedy when others are fearful? Sold a Put on the day when the index hit extreme fear, on Tesla. Not financial advice. And it’s a risky move. Not just that, I have also picked up a few shares over the last few days

Anyway, market doesn’t care about what we think . An oversold market can remain oversold for some time. We were sitting at key support levels for some of the stocks and indices. Good to see a nice bounce yesterday.

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Stormy Stock Market! Further DOWNSIDE Ahead??

https://youtu.be/n0ajLGobxx8

$Apple(AAPL)$ $Tesla Motors(TSLA)$ $NVIDIA Corp(NVDA)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ Trust-ETF(QQQ)$ $ARM Holdings Ltd(ARM)$

More dip after SPX falls below 4300?

S&P 500 closed at 4273.53, below the key support level of 4300; Nasdaq fell below 13100 yesterday. With two key indices falling below the support level, market begins to speculate for more declines. -------- Will the indices rebound? Or more declines ahead?

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.

Comments

ClarenceNehemiah
2023-09-29
ClarenceNehemiah
It is difficult to say definitively whether or not the recent brutal sell-off in crypto has been overdone.
CaesarHicks
2023-09-29
CaesarHicks
The sell-off has come at a time when the overall cryptocurrency market cap is still relatively small.
BerniceCarter
2023-09-29
BerniceCarter
The sell-off has been indiscriminate, with all cryptocurrencies experiencing sharp declines.
LEESIMON
2023-09-29
LEESIMON
[Love]Good

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","html":"<html><head></head><body>Personally, i think the recent brutal sell off has been overdone. But I like overdone stuff (except for my steak haha), so that I can take the opposite direction, and be a contrarian. Interestingly, Fear and Greed index has reached extreme greed level 2 days ago - the first time in about 6 months.\nBe greedy when others are fearful? Sold a Put on the day when the index hit extreme fear, on Tesla. Not financial advice. And it’s a risky move. Not just that, I have also picked up a few shares over the last few days\nAnyway, market doesn’t care about what we think . An oversold market can remain oversold for some time. We were sitting at key support levels for some of the stocks and indices. Good to see a nice bounce yesterday.\n====\nStormy Stock Market! Further DOWNSIDE Ahead??\nhttps://youtu.be/n0ajLGobxx8\n<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$&nbsp;</a><a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ Trust-ETF(QQQ)$&nbsp;</a><a href=\"https://ttm.financial/S/ARM\">$ARM Holdings Ltd(ARM)$&nbsp;</a></body></html>","htmlText":"<html><head></head><body>Personally, i think the recent brutal sell off has been overdone. But I like overdone stuff (except for my steak haha), so that I can take the opposite direction, and be a contrarian. Interestingly, Fear and Greed index has reached extreme greed level 2 days ago - the first time in about 6 months.\nBe greedy when others are fearful? Sold a Put on the day when the index hit extreme fear, on Tesla. Not financial advice. And it’s a risky move. Not just that, I have also picked up a few shares over the last few days\nAnyway, market doesn’t care about what we think . An oversold market can remain oversold for some time. We were sitting at key support levels for some of the stocks and indices. Good to see a nice bounce yesterday.\n====\nStormy Stock Market! Further DOWNSIDE Ahead??\nhttps://youtu.be/n0ajLGobxx8\n<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$&nbsp;</a><a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ Trust-ETF(QQQ)$&nbsp;</a><a href=\"https://ttm.financial/S/ARM\">$ARM Holdings Ltd(ARM)$&nbsp;</a></body></html>","text":"Personally, i think the recent brutal sell off has been overdone. But I like overdone stuff (except for my steak haha), so that I can take the opposite direction, and be a contrarian. Interestingly, Fear and Greed index has reached extreme greed level 2 days ago - the first time in about 6 months. Be greedy when others are fearful? Sold a Put on the day when the index hit extreme fear, on Tesla. Not financial advice. And it’s a risky move. Not just that, I have also picked up a few shares over the last few days Anyway, market doesn’t care about what we think . An oversold market can remain oversold for some time. We were sitting at key support levels for some of the stocks and indices. Good to see a nice bounce yesterday. ==== Stormy Stock Market! Further DOWNSIDE Ahead?? https://youtu.be/n0ajLGobxx8 $Apple(AAPL)$ $Tesla Motors(TSLA)$ $NVIDIA Corp(NVDA)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ Trust-ETF(QQQ)$ $ARM Holdings Ltd(ARM)$","highlighted":1,"essential":1,"paper":2,"likeSize":15,"commentSize":4,"repostSize":5,"favoriteSize":0,"link":"https://ttm.financial/post/224766622584896","repostId":0,"isVote":1,"tweetType":1,"viewCount":692,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["NVDA","QQQ","TSLA","AAPL","SPY","ARM"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":789,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":225054901915800,"gmtCreate":1695974766125,"gmtModify":1695974774746,"authorId":9000000000000650,"author":{"id":9000000000000650,"authorId":9000000000000650,"name":"ClarenceNehemiah","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":224766622584896,"type":1,"supId":0,"prevId":0,"content":"It is difficult to say definitively whether or not the recent brutal sell-off in crypto has been overdone.","text":"It is difficult to say definitively whether or not the recent brutal sell-off in crypto has been overdone.","html":"It is difficult to say definitively whether or not the recent brutal sell-off in crypto has been overdone.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":225054852829336,"gmtCreate":1695974754143,"gmtModify":1695975808149,"authorId":9000000000000664,"author":{"id":9000000000000664,"authorId":9000000000000664,"name":"CaesarHicks","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":224766622584896,"type":1,"supId":0,"prevId":0,"content":"The sell-off has come at a time when the overall cryptocurrency market cap is still relatively small.","text":"The sell-off has come at a time when the overall cryptocurrency market cap is still relatively small.","html":"The sell-off has come at a time when the overall cryptocurrency market cap is still relatively small.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":225055170879616,"gmtCreate":1695974717342,"gmtModify":1695974753986,"authorId":9000000000000684,"author":{"id":9000000000000684,"authorId":9000000000000684,"name":"BerniceCarter","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":224766622584896,"type":1,"supId":0,"prevId":0,"content":"The sell-off has been indiscriminate, with all cryptocurrencies experiencing sharp declines.","text":"The sell-off has been indiscriminate, with all cryptocurrencies experiencing sharp declines.","html":"The sell-off has been indiscriminate, with all cryptocurrencies experiencing sharp declines.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106533315,"gmtCreate":1695989648496,"gmtModify":1695989654721,"authorId":3579044609497336,"author":{"id":3579044609497336,"authorId":3579044609497336,"name":"LEESIMON","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.12.13","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":9,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":224766622584896,"type":1,"supId":0,"prevId":0,"content":"[Love]Good","text":"[Love]Good","html":"[Love]Good","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/224766622584896"}