Over 20% Off! What's your bottom-fish list?
Yesterday, the market plunged, and panic levels surged above 60. In previous discussions, most tigers agreed that panic selling was not advisable, and instead, it was a good opportunity to bottom-fish. What's your bottom-fish list?
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ has experienced a massive drop of 56.63%, making it one of the most significant decliners.
$ProShares UltraPro QQQ(TQQQ)$ follows with a substantial decline of 34.75%.
$NVIDIA Corp(NVDA)$ and $Tesla Motors(TSLA)$ have both seen corrections of over 20%, suggesting a potential opportunity to buy these high-profile stocks.
Other major tech companies like $Amazon.com(AMZN)$ , $Alphabet(GOOG)$ , $Microsoft(MSFT)$ , Netflix, and Meta have also faced significant declines, ranging from 10.12% to 19.20%.
Even solid performers like $Apple(AAPL)$ and $SPDR S&P 500 ETF Trust(SPY)$ have not been immune, with drops of 8.14% and 6.83%, respectively.
Which stock on sale is your pick?
What's your bottom-fish list?
Join our discussion and also post to win tiger coins in the topic!
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Palantir, known for its data analytics capabilities, continues to attract attention for its role in big data and AI. Tesla, a leader in electric vehicles and renewable energy, has a robust growth trajectory despite market volatility. Nvidia, a key player in graphics processing and AI technologies, is critical for future technological advancements.
Evaluate these stocks based on their financial health, industry positioning, and long-term growth prospects. Also, assess their current valuations relative to historical averages and industry peers.
All the best guys in your bottom fishing ya, gogogo!
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Which stock on sale is your pick?
What's your bottom-fish list?
Join our discussion and also post to win tiger coins in the topic!
I'm viewing this as a 'good buy' opportunity, not a 'goodbye' moment. The DXJ's hedged equity structure provides a unique blend of exposure to Japanese equities while mitigating currency risk, making it an attractive addition to my portfolio.
With global markets experiencing heightened volatility, I believe Japan's distinct market dynamics and the DXJ's hedged approach can provide a compelling diversification benefit. I'll continue to monitor the situation and adjust my positions accordingly, but for now, I'm confident in my decision to invest in Japan's potential.