Please trade safely. Many companies stock price drop despite good earnings report during this period. With that said, good earnings and stock price drop became an opportunity for my favourite stocks ??
Nvidia, Tencent,Walmart, Target and Other Stocks to Watch This Week
?? why does news and articles keep trying to twist the news and information? So many stocks are trading sideways, lower from previous highs, because of economic reasons, even with good news and strong earnings. These twisted news will just trick retail investors like us. Once again, when articles come out with good news, it is normally too late for us to enter as it might already be at the peak. If bad news on article, take note! it might just be a good time to enter.
At the high of market, try to not use leverage as much as possible. So when the market dip or goes through a correction, you have can use some leverage to buy the dip and average down positions.
Wall Street ends higher, powered by strong earnings, economic cheer
FUD on inflation is still very high. Recovered slightly on Wednesday because FED mentioned it's not here yet...but overall everyone still speculating inflation is coming soon...
Many investors think that Tesla's growth is very very far in the future, but Tesla has already started to prove them wrong with great growth past 2 earnings call. If you are holding long term, I think now is still a good price to DCA. $1200 target not applicable to day/swing trade.