I suspect there will be a general brief pullback, followed by a bull run on the news of rate cuts, then a major rugpull and economic recession. But in the meantime, nvidia $NVIDIA Corp(NVDA)$ to at least 140 possibly new ATH if positive earnings report. IBM $IBM(IBM)$ is about to break ATH leading into September. So it seems tech is still where its at, until SHTF [Miser]
My only trick is to try and buy low or at least into viable companies, sell high(ideally)... but mainly patience I think is most important. $Microsoft(MSFT)$ $Qualcomm(QCOM)$
Nvidia $NVIDIA Corp(NVDA)$ broke the 9 day MA and may go to about 140 before maybe dropping again along with other tech stokes in the next week or two. (Perhaps just after the fed cuts rates 😳). Or maybe onwards... to the moon. Broadcom $Broadcom(AVGO)$ is also following the same trend, buy now, sell when topping out around $180, of course, one must always follow the charts. Just my 2 cents ( hopefully turning into a tidy little profit before it all drops back again)
【Voting Post】$Bitwise Crypto Industry Innovators ETF(BITQ)$ Bitcoin related stocks are booming with the steady rise in bitcoin prices... how long will it last, will BTC reach 100,000, I think it might.
$Quantum Computing Inc.(QUBT)$ stocks have fallen dramatically over the last week or two, but having broken out of a descending channel, it looks like we are headed to at least $10, maybe a bit more, before a refilling of the gap around $6-7... then off to the moon (hopefully) [Miser]
I pick harris as winner, but I think in a fair election Trump would win...but a fair election seems like a pipedream. its a sad state of affairs, but then I am not a US citizen, so who really cares ... although the policies of the US affect us all, especially affiliated western countries... oh well, time will tell.
I have not tried the demo account, just dive in real money trading. But I might try the demo for some options practising and strategy testing...one of these days...
In the years to come I hope there are New Zealand stocks, lowest fees, more competitions and interest paid on cash holdings. Then it would be the best platform anywhere, ever 👍👍😎
My mood is good, I am making good gains on a number of digferent stocks... My commodity stocks are soaring, $Harmony Gold Mining(HMY)$ , $Fortuna Silver Mines(FSM)$ , $Southern Copper Corp(SCCO)$ . other stocks are doing well too, following along with the growth of the $S&P 500(.SPX)$ and $NASDAQ(.IXIC)$ . Hopefully this will continue for a while at least.
$Tiger Brokers(TIGR)$ If I could go back to 2000.... I think Telsa didnt exist in 2000, so looking back, Apple (pre iphone) and nvidia, with dirt cheap stocks, or stacking gold. Any one would have been life changing. I would likely go apple, within 10 years exponetial growth - but would have taken profit while they were no.1, nvidia wouldnt have pumped for nearly 20 years, and gold, while nice, I dont think had the same explosive capitol return as these 2 companies... all three and I would be very well off indeed.
【Voting Post】Long term alibaba $Alibaba(BABA)$ is in my opinion the better investment, with a more diversified business model, with retail, cloud and other services, and they have been around a long time and have perfomed well in the past. Also they now pay a resonable dividend, which is nice 👍 Temu $TENCENT(00700)$ is a more recent upstart in the retail of cheap chinese products, and have grown very quickly in short time, but with growing negative press and user sentiment. However they remain well known and popular with their in you face advertising and marketing campaigns. Maybe a good short to medium term holding, in my opinion 🤔 What do you think...&