Market crash begin with almost all stocks (>80%) of the index , including growth and value stocks have been in the downtrend for certain times. Indicators that can help to pick the bottom: - RSI below 20 - VIX above 30 - Price action shows the trend touching previous resistance level.
For those stocks that have been dropped more than 25%, can buy the dip in order to enjoy the potential short term rebound. Meta is under my radar since it's a great company with good fundamental and it's undervalued now. In the face of plunging stocks, I am holding good fundamental companies stocks for long term; while selling smallcap growth companies due to their high volatility and weakness.
After losing money, I learned cut loss is vital to preserve our capital, so that we have enough funds to roll on to next stock when opportunity strike. Moreover, when a stock is in downtrend, we would not know when will be the bottom, it can even goes lower, so cut loss is important.
Bottom-Up Investing suits me well. I can slowly accumulate stock of the great companies which have good fundamental, for examples Magnificent 7 companies. They're often long term buy and time will prove everything.
DBS is a good stock to consider in our retirement portfolio. Its capital appreciation coupled with consistent dividend payout, make it suitable candidate for long term investing.
I believe in long term investing. I have been holding few Magnificent 7 companies since 2021. "Magni 7" companies like Apple, Nvidia, Microsoft, Meta, Amazon, Alphabet and Tesla, are all good fundamental company with huge market capitalization. They are stable and suitable for long term investing.
I am somehow agree with Tiger AI recommendation especially on AMZN. The stock is fundamentally sound and not significantly affected by recent correction. Rating : 8.
I prefer Penang, Malaysia for its vibrant and delicious food, as well as its historical architecture, natural attractions like beaches and rainforests, and unique street art.
Everytime when I making money or losing money, there will be valuable lessons to learn. Yet, the effect of lesson learned from losing money is more and unforgettable. For example, I felt regret not locking profits when $Sprouts Farmers(SFM)$ was at 178 and not cut loss when it broken down support level of 156. This is a great lesson and pain experience for me.
I prefer the thrills and chills of Halloween. I will be gear up to be scared silly at Universal Studio. Interesting to view different types of Halloween costumes which is so funny and creative. @Pang Kiat @Jinleong: How about you?
It could be the start of a moderate correction as market has rally for almost 6 months since April this year. I will hold to monitor the progress and re-enter the market when there is bottom signal. Trump's unpredictability is a risk because market volatility is high; but it could be also a trader's best friend as it presents opportunity to buy the good stocks at lower price. @Jinleong @Pang Kiat: pls share your thoughts.
Lawful Good - good things and good moments must share with family, friends & colleagues. May the glow of the moon surround you and light you and your family to health, happiness and prosperity! Happy Mooncakes Festival!