Personally I predict the market will maintain uptrend after tmr CPI announced. Maybe intraday will be wild swing, but after that trend move resume normal. CPI is just an past data info, and just an excuse of Wall Street want which direction the market move to. Fed Reserve is under the pressure to reduce interest rate ahead of US election. And the timeline is getting approaching. So it doesn't matter what the CPI result is, the Feb meeting and Powell speech will comfort the investor that inflation is gettting contained, or need more coming data monitor further (as usual).
$Tiger Brokers(TIGR)$ As usual buy Bak Zhang to eat, as away from home cannot eat Bak Zhang made by mother ๐ช. Will teach my kids on history and value of dragon boat festival and how it related to ancient history. In today fast pace lifestyle, we shouldn't forget our traditional festival and it can bring back some sweet memory.
I opened 11.0 share(s) $Meta Platforms, Inc.(META)$ ,Top up on existing holding. It's 5 and 10 days moving average has turn up recently. Hope the trend can continue. Let's see ๐
Watch out the economic data going to be announced later. Highly anticipated it will boost up stock market sentiment, bringing hopes FED to reduce interest rate. The stock to watch is Meta, which is start to trend upwards with its short term moving average. Amazon, which is starting to reverse the down trend worth to look into as well. Anyway, both are fundamentally good stock so the risk reward tradeoff is worth consider before to buy.
Apple is good blue chip which can buy and hold , if not for short term trading. Though the speed is not fast and furious like Nvidia, AMD, Dell etc all those hot stock, Apple is definitely a stock where you can buy and sleep nicely at night. Of cos any good investment buy at high price is wrong investment . Apple' s all bad news had already out before last QR announced. Now Apple is on uptrend and never look back, unless the coming big event announcement is disappointing the investors. Otherwise, doubt if it will down back to 16x/17x level.
I closed 44.0 share(s) $Qualcomm(QCOM)$ ,Position triggered close during the initial slump, nevertheless walk away with tiny profit and not be greedy.. ๐
I opened 30.0 share(s) $Alphabet(GOOGL)$ ,thought you will ride on today overall market good sentiment, but down with news on BING chasing after your market share..
$Apple(AAPL)$ Believe Apple will regain 3 Tril position again. Apple has been strong uptrend since last QR. Come down heavily from all bad news and never look back now. With its strong cash position and strong RnD, no doubt it will catch up AI race and announce something BIG in coming event.
Hybrid approach. Take lesson learn from past, company performance history from the past . Future business earning potential also important determine how far still it can move. The trend now is market price tend to move few months earlier by taking into account next few quarter growth potential.