When every man in the street is talking about Nvidia, it's about time to let go. Amongst the 7 I would sell Nvidia and switch to TSLA and Alphabet. Be a contrarian.
Looking at the movements of Chinese stocks in the past few weeks, seems to me there is a lot of selling going on. Most sessions opened high and got sold down. 3-4 down sessions and there would be a rebound. Then the pattern repeats. This saps my confidence. Wouldn't wish to carry babies.
Reposting this to demonstrate my continued commitment.
@Tongdadd:Markets are down again, chiefly due to FOMC's latest stance on rates. We have been through this plentiful times. What has the market taught us since the rate cycle turned 2 years ago? Markets tanked due to expectations of rate hikes and rebounded whenever there were indications of a pause, and some of the rebounds were mind-boggling. This happened several times in the past 2 years. So what is clear is that markets love to go up than come down. What is also clear is that we are definitely at the upper spectrum of the rates cycle, albeit there would be occasional upticks in inflation and economic strength which would stoke the feeling that there would be maybe just one more rate hike, and the selling starts again. Should I sell or buy the dip? I am firml
Markets are down again, chiefly due to FOMC's latest stance on rates. We have been through this plentiful times. What has the market taught us since the rate cycle turned 2 years ago? Markets tanked due to expectations of rate hikes and rebounded whenever there were indications of a pause, and some of the rebounds were mind-boggling. This happened several times in the past 2 years. So what is clear is that markets love to go up than come down. What is also clear is that we are definitely at the upper spectrum of the rates cycle, albeit there would be occasional upticks in inflation and economic strength which would stoke the feeling that there would be maybe just one more rate hike, and the selling starts again. Should I sell or buy the dip? I am firml
Took pretty decent profits on Alibaba and Baidu today due to the surge. Question now is, will I be able to get them back over the next few days at lower prices? I am unsure man[LOL] [Facepalm]
Replying to @Tongdadd:197797159043248//@Tongdadd:He founded a company with a vision to help digital ads move out of the traditional walled gardens set by Apple and Google and since then has beaten estimates quarter after quarter after quarter, year after year after year, in the process becoming a billionaire and enriching many investors who buy into his vision and impeccable execution capabilities. Who is this champion?
@TigerEvents:[Guess Who I Am] Describe the CEO You Admire in One Sentence!
Instead of an opinion piece, I woke up this morning thinking about writing a survey piece. Have been putting some thoughts over the past week on where I should place some available funds next. Since Tiger does not have an option for polling, guess I should put this in an article and source for opinions through comments. The base scenario is that there will be 2 pots of funds (Fund A and Fund B). Fund A Fund A can undertake higher risks in expectation for higher returns. Investment timeline is about 2-3 years. I have always liked to place this pot into thematic investments. Results have been positive so far. (a) Given the risk profile and investment timeline, this pot definitely suits thematic investment. AI is the rage now. Went up too
From a consumer's viewpoint, Shopee is no longer as appealing as it once was. Many of the vouchers given out have increasingly stringent T&Cs attached that make them mostly inapplicable. Unwittingly, myself and many of my friends are gradually moving back to Lazada. Sea Capital is basically useless, ShopeePay is not widely used, except when one needs to apply discount vouchers on Shopee. It imposes charges when topping up with credit cards and utilisation rate will continue to be curtailed and trail GrabPay as long as this continues. Free Fire is slowly misfiring. Garena urgently needs new hit games. I sold out when it was around $140-$150. Have not found a reason to re-enter yet.
Sea Limited: Finally A Buy After The Drastic Plunge