My Add-On Positions for September 29, 2023
In the world of investing, opportunities often emerge when the market experiences turbulence. The recent bout of market weakness has provided a compelling backdrop for long-term investors to consider adding to their positions in quality companies. In this article, I will delve into my strategy for capitalizing on this opportunity, with a specific focus on my intentions to add more shares of Amazon, Apple, and Microsoft. Additionally, we’ll explore historical market performance during the final quarter of the year.
1. Leveraging Market Weakness:
Market weakness can be a blessing in disguise for long-term investors. It allows us to acquire more shares of companies we believe in at more favorable prices. As legendary investor Warren Buffett wisely stated, “Be fearful when others are greedy, and be greedy when others are fearful.” In the current environment, where fear has crept into the market sentiment, astute investors can identify valuable entry points.
2. My Target Add-On Positions:
a. Amazon at $125: Amazon, a global e-commerce and technology behemoth, has consistently demonstrated its resilience and adaptability. At $125, Amazon represents a compelling proposition, considering its strong fundamentals and growth prospects. The company’s diversified revenue streams and dominance in e-commerce and cloud services make it a long-term investment of choice. $Amazon.com(AMZN)$
b. Apple at $170: Apple, renowned for its innovation and brand strength, has exhibited robust performance over the years. At $170, I view Apple as an attractive prospect due to its unwavering commitment to product excellence and its growing ecosystem of services. The recent launch of iPhone 15 is a testament to Apple’s ability to maintain consumer interest and drive sales. $Apple(AAPL)$
c. Microsoft at $308: Microsoft’s position in the technology sector is unrivaled, with its comprehensive suite of products and services. Priced at $308, Microsoft is trading at a level that aligns with its strong fundamentals. The company’s advancements in cloud computing, cybersecurity, and artificial intelligence position it favorably for long-term growth. $Microsoft(MSFT)$
3. Historical Market Performance:
An examination of historical market performance from the start of October to the end of December reveals interesting trends. Over the years, this period has often witnessed increased market activity, driven by factors such as corporate earnings releases, holiday retail sales, and the anticipation of a new year. While past performance does not guarantee future results, historical data can provide insights into market behavior.
Historically, the final quarter of the year has presented opportunities for investors. It is a time when markets tend to respond positively to strong economic indicators and corporate performance. However, it is essential to remain vigilant and consider potential headwinds, such as geopolitical events or unexpected economic developments.
Conclusion:
In times of market weakness, seasoned investors recognize the potential for accumulating shares of quality companies. My strategy to add more Amazon, Apple, and Microsoft shares at the specified entry points aligns with my long-term investment philosophy. As we approach the final quarter of the year, historical market performance suggests that opportunities may arise for astute investors.
I invite fellow investors and traders to consider the insights shared in this article as they navigate the dynamic financial landscape. Market weakness need not be a cause for alarm but rather a moment to identify valuable prospects and position oneself strategically for the future.
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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

The only reason this is not recovering along with Apple is because of their strong international exposure. Dollar has been strong since last month which will reflect into their earnings
I wish people weren't using this thing. Microsoft creeps me out and I don't trust it.
MSFT has been rejected from the top of the ascending channel and is looking to continue it's sell off to the golden pocket shown or the bottom of the channel. In the upcoming weeks I expect price to continue falling and have a nice reaction at the golden pocket or bottom of the channel.
I wouldn’t buy AMZN but MSFT
Yes, AAPL, good choice!