In the first half of 2024, my investment portfolio has demonstrated satisfied performance, largely attributed to my strategic focus on high-growth sectors and a disciplined approach to trading. Similar to most of the investors I believe, my most successful investments have been concentrated in artificial intelligence (AI), semiconductor and partially electric vehicles, areas that have experienced substantial market momentum, especially towards the end of 1st half.
AI boosters
My investments in AI stocks, particularly Nvidia $NVIDIA Corp(NVDA)$ and Palantir Technologies $Palantir Technologies Inc.(PLTR)$ , have been major contributors to my positive performance. Nvidia, a leader in AI hardware and graphics processing units, has seen significant gains as demand for AI-driven applications continues to surge. The company's advancements in AI technology and its expanding role in data centers have bolstered its stock price, reflecting investor confidence in its long-term growth potential. Similarly, Palantir Technologies has benefited from its role in data analytics and AI-driven solutions, which has led to a positive market reaction and a notable increase in its stock value.
Nvidia
Palantir
EV Leader
Additionally, my investment in Tesla $Tesla Motors(TSLA)$ has been highly rewarding. Tesla's stock has experienced a substantial boost due to continued advancements in electric vehicle technology, strong production numbers, and increasing market share. The company's ongoing innovations and expansions in battery technology and autonomous driving have captured investor interest, contributing to the impressive growth in its share price. I have consistently bottomed Tesla around 160-180 USD. The spike towards 250 USD contributed to approximately 50% gain, that why you see my portfolio gain boosted, but then the retracement of Tesla in July had some impacts to my portfolio as well.
Tesla
My Investment Strategy
My investment strategy has played a crucial role in this success. By focusing on market trends, I have been able to align MY investments with sectors experiencing significant growth. Furthermore, the use of technical indicators to guide my trading decisions has been instrumental. I have effectively employed technical signals to determine optimal entry points and manage risk through timely cut-loss strategies. This disciplined approach has allowed me to capitalize on favorable market conditions while mitigating potential downsides. I will continue to focus my trades like this and try to improve it over time.
Wealth growth
How to deal with market changes?
However, dealing with unexpected market changes or sector rotations requires additional strategies. To navigate such shifts, consider diversifying your investments across multiple sectors to reduce exposure to any single market movement. Staying informed about macroeconomic trends and industry developments can also help anticipate and adapt to changes. Additionally, maintaining a flexible approach to your trading strategy, such as adjusting technical indicators or re-evaluating entry and exit points, can be crucial. Regularly reviewing and updating your investment thesis based on new information will also ensure that your portfolio remains aligned with evolving market conditions.
Strategies are important
Nutshell
Overall, my portfolio's performance in the first half of 2024 highlights a successful investment strategy that integrates market trend analysis with technical trading techniques. By combining a focus on high-growth sectors with a rigorous approach to technical analysis, and by preparing for unexpected market changes, I have achieved robust performance and demonstrated the value of a well-rounded investment strategy. Without doubt, this is also contributed by the "bull" market that most of the investors make money. Hopefully I can continue and prove my strategies over both bull and bear markets in future.
Performance
How is your 1st half performance? Are you satisfied with it? Personally, I do see a lot of good and precessional investors in the community, we can read through their trading strategies and grow together!
@TigerEvents @TigerStars @Tiger_comments @CaptainTiger @MillionaireTiger @TigerGPT @Daily_Discussion
Comments
Based on the historical stock data for Nvidia Corp (NVDA) and Palantir Technologies Inc. (PLTR) from January 1, 2024, to June 30, 2024, here are some key observations:
Nvidia Corp (NVDA):
The stock price of Nvidia Corp started the year at $49.52 and reached a high of $126.09 on June 25, 2024.
The lowest price during this period was $48.17 on January 2, 2024.
The stock price experienced a significant increase of approximately 149.46% during the first half of 2024.
The trading volume for Nvidia Corp on July 29, 2024, was approximately $33.3 billion USD.
Palantir Technologies Inc. (PLTR):
The stock price of Palantir Technologies Inc. started the year at $17.17 and reached a high of $24.56 on June 25, 2024.
The lowest price during this period was $16.58 on January 2, 2024.
The stock price experienced an increase of approximately 47.52% during the first half of 2024.
The trading volume for Palantir Technologies Inc. on July 29, 2024, was approximately $742.6 million USD.
It's important to note that past performance is not indicative of future results. The stock market can be volatile, and the performance of individual stocks can be influenced by various factors. It's always recommended to conduct thorough research and analysis before making investment decisions.
If you would like more detailed information or analysis on these stocks or any other specific stocks, please let me know.
Risk Disclaimer: The information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, including the potential loss of principal. Always do your own research and consider your risk tolerance before making any investment decisions.
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