$Tesla Motors(TSLA)$ Obviously I'd be delighted to see Tesla race on to $300 soonest. I was expecting it to touch 250 by mud July but lo, already the current market price is $246.39. With its 200-day moving average at $206, it is suggesting a long-term bullish momentum. I think the price is not at the support price zone, suggesting cautiousness around buying timing. As an analyst recently wrote, current price zone accounts for about 21% of trading activity (volume) over the last year, suggesting possibility of increased trading activity in this zone going ahead. Therefore I'd be treading cautiously in this counter. Stay invested and look at further investment strictly based on research.
I think the long-feared (not awaited) market correction is still some wsy off. Still the market is very like to be choppy with lot of sideways movementbut a drastic correction is still not here - it depends on how the US poll scenario develops. A series of major and minor adjustments would be vkming before the next move. Hedging my portfolio risk will be through diversification and stop loss. Will the stock market rebound this week - hopefully so but the choppy movement is more likely of a normal for some months.
$NVIDIA Corp(NVDA)$ my opinion on Nvidia remains the same- keep adding in dips on every draw down. While any curbs on chip exports to 🇨🇳 would impact the overall market, it is unlikely to continue for ever. In due course, the overall market economic factors should prevail and bring back sanity into the market.
I hold all the 3 stocks. And I have made money on all three. My personal favourite of these is Microsoft - for the simple breadth of offerings touching our daily lives consistently across decades. Wish they had taken their mobile business seriously as it could been a potential cash cow - somehow it missed the bus and part from killing Nokia didnt achieve much. Amazon, being at almost $195 now, could very well breach $200 this week or surely next week. As for Alphabet is also in its own league after some docile performances over the quarters. Pretty exciting times.
$NVIDIA Corp(NVDA)$ i will certainly try to add more if Nvidia dips further. However I will do it in tranches. Say something like shares at every 1% dip from here on to take my total holdings to something like 1000 total shares. And then hold - like Po says his words of wisdom in the immortal classic Kungfu Panda: "inner peace"!
Both Baba and Pfizer are appearing to bequite undervalued now. In addition, we can look at Johnson & Johnson, McDonald's, Verizon Communications & American Water Works to be valuable.
$Tesla Motors(TSLA)$ Personally I don't take calls based solely on Tesla's delivery data. It us but an indicator amongstmany otgers. As a trader, I think the target price for Tesla now cud be around $200 that it may break through around July 2024 end - again depending on overall Q2 and YoY performance.
$NVIDIA Corp(NVDA)$ Investing in any stock is a test of patience along with research and conviction. One has to keep ones cool through a barrage of short-term fluctuations. And, not to mention, the market alway springs unpleasant surprises. Having a constant source of insights and information will help you build the resilience to invest for the long term. All this is true of Nvidia as well as long as the overall industry trend holds good. I've a strategy to add around 10 shares for every 1% dip in its price to make a total corpus of 1000 shares for a target of $150 in 1-2 quarters.
In a decade I see Tiger as the best in class platform for trading in Asia and globally as well. In terms of customers, total AUM and geos and last but not the least the features offered as well, it would be the best.
My portfolio has been a mixed bag thus far with superstars like nvidia and duds like Tesla & AMD both figuring in it in H1 2024. It taught many lessons viz. Patience, the importance of picking quality & sticking with it, the need for conviction & self-belief above everything else humility. Looking forward to a successful 2024 overall.
$Trump Media & Technology(DJT)$ tragedy is these 2 persons having the face off for POTUS which is perhaps a reflection of the paucity of leadership in the US. And I believe DJT could obviously benefit depending on how Trump performs in these debates, which could be easier considering Biden's age. So far, DJT has been firing on all cylinders since 3 days and could go past 100 should Trump emerge successful.
I think I will be in for the long run. I have made a handsome margin in this counter and see a good future to the company too. So much that I see the present fall as a blip rather than something to be worried about yet. If it falls down 5+% further I'd use the opportunity to add more to my holdings.
$Trump Media & Technology(DJT)$ shoot up like a rocket 🚀 since DT is unharmed and this boosts up his candidature quite a bit. Sticking my neck out with this counter wirh conviction helped to make a killing too
This looks like a healthy pullback rather than a meltdown. A small pullback in intervals is quite unavoidable and should actually be welcome in a rally on fire. Good also to see that bank counters like JPM are also down providing an opportunity to take position. Also some of the ETFs look promising.
$NVIDIA Corp(NVDA)$ I used to believe it would touch $150 by Q3 end but now tend to think it needs time to first stabilise at 130-140 levels before it can have a sustained rise from there. So, I think, it could be sometime before Q4 end instead.
I personally think June 2024 CPI result will continue . A lot depends on the overall inflation figures at the US. For all we know, inflation may also move upwards given the oncoming US presidential polls and the tendency for easy money policy.