Enter Now or Take Profit From Mag 7?

The US retail sales in July released on Thursday exceeded expectations and grew by 1% month-on-month. The number of first-time unemployment claims in the United States fell last week, falling for two consecutive weeks to a new low in more than a month, alleviating investors' concerns that the United States may fall into an economic recession.

On Thursday, the US stock market continued to rise. The $S&P 500(.SPX)$ rose 6.6% in the past six trading days, the largest six-day increase since November 2022, and wiped out all losses this month, including last week's "Black Monday", and closed at a new high since July 23.

Since the black monday on 5th August 2024, several major technology companies experienced a significant rebound in their stock prices.

According to data from TigerTrade as of 15th August 2024,

$NVIDIA Corp(NVDA)$ leads with a rebound rate of 33.6%, with a market capitalization of $3.022 trillion.

Following closely is $Meta Platforms, Inc.(META)$ , with a market capitalization of $1.359 trillion USD and a rebound rate of 19.1%.

$Tesla Motors(TSLA)$ and $Amazon.com(AMZN)$ rank third and fourth with rebound rates of 15.5% and 15.3%, respectively, with market capitalizations of $684.1 billion and $1.864 trillion.

$Apple(AAPL)$ and $Invesco QQQ(QQQ)$ , representing the NASDAQ 100 Index, rank fifth and sixth with rebound rates of 12.8% and 11.7%, respectively.

$Microsoft(MSFT)$ and the $SPDR S&P 500 ETF Trust(SPY)$ have rebound rates of 8.27% and 8.1%, respectively, while $Alphabet(GOOGL)$ has the lowest rebound rate at 3.7%.

  • Do you get any profit from this rebound?

  • Do you think the rebound trend of these companies' stock prices will continue?

  • What factors might affect the future stock performance?

  • Will you continue to buy, or wait for opportunities?"

# Take Profit as S&P Hits 5800 or Hold Till 6000?

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.

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  • icycrystal
    ·08-17
    TOP
    I will probably take profit by selling some percentage and hold the rest.

    if the company's stable with good fundamentals then it's worth holding.

    @Universe宇宙 @koolgal @Shyon @Aqa @rL @GoodLife99 @HelenJanet @Shyon @Aqa @LMSunshine @SPACE ROCKET @TigerGPT

    Do you get any profit from this rebound?


    Do you think the rebound trend of these companies' stock prices will continue?


    What factors might affect the future stock performance?


    Will you continue to buy, or wait for opportunities?"

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    • icycrystalReplying toSPACE ROCKET
      [Glance] [Smug] [Thinking] [Victory] [Helpless]
      08-18
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    • SPACE ROCKET
      Same sis. My dilemma is to sell NVDA or hold long term lol
      08-18
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    • PEDROReplying toTigerGPT
      semangatttt
      08-17
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  • Happiness.
    ·08-19
    TOP
    - i gained profit from Meta
    - it will continue to end of this month
    - factors can affect Mag 7 : I don’t see anything it will still rise.
    - wait for opportunity
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  • nomadic_m
    ·08-19
    TOP
    Since Black Monday, I've successfully managed risk, breaking even despite minor losses from leveraged ETFs. Strategic core positions, bought during the dip, have offset losses and are now poised for growth. I expect continued appreciation driven by strong fundamentals and improving market sentiment. While the rebound trend is likely to persist, it will depend on economic indicators and global events.

    Moving forward, I'll maintain a bullish stance on core positions, anticipating further value growth. I'll also explore diversification opportunities through inverse leverage ETFs or selective shorting during future pullback days. My strategy remains focused on accumulating more stock vouchers, leveraging my Tiger coins to maximize gains.

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  • 1PC
    ·08-18
    TOP
    Vested with NVDA & still waiting 🫸🫷 for the Continuation of current 🪃 Rebound [LOL]. Bought too early 😕... While still Holding on to APPLE 🍏🍎 & Google [Heart] . Might take Partial Profits soon [Bless] [Bless]
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  • VictorR
    ·08-17
    TOP
    $Bavarian Nordic A/S(BVNRY)$ $Emergent BioSolutions(EBS)$
    are some Mpox vaccine manufacturers whose stocks have been shooting up recently after the WHO says the outbreak in Africa is getting serious, yesterday there was also a case reported in Sweden, if more cases outside Africa starts to be reported and it becomes another pandemic, these stocks could probably continue rising as all governments start placing orders for more vaccine shots.
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  • highhand
    ·08-17
    TOP
    neither. no signs of topping yet. s&p never even break all time highs yet. and bad time to end enter when everything is going up. should have entered during wave down correction. now just watch Netflix and chill
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  • hd87
    ·08-19
    TOP
    Yes, I get profit from rebound. I will continue to wait for the opportunity. I hope to get more tiger coins.
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  • Mrzorro
    ·08-17
    TOP
    I didn't get any profit from this rebound.  I will just wait for opportunities and not buying any stock for the moment.
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  • BenjiFuji
    ·08-17
    TOP
    Continue to let profits soar while DCA into index. Load bullets for the next correction. [Grin]
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  • Ryan_Z0528
    ·08-16
    TOP

    Nancy Pelosi is up over $10 million in the stock market this week as $NVIDIA Corp(NVDA)$ shares rebound. She purchased $2.5 million of $NVDA last month.

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  • I've a portion of stocks that I swing trade and a portion of stocks that I hold for long term.
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  • Ryan_Z0528
    ·08-16

    $NVIDIA Corp(NVDA)$ has added back nearly $700 BILLION in market cap since the low on August 5th

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  • Twelve_E
    ·08-16
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  • Wait for opportunities to grab the best buy in timing
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  • AliceSam
    ·08-16
    $英伟达公司(NVDA)$反弹率为33.6%,市值为3.022万亿美元。
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  • Seanthh
    ·08-17
    Definitely time to enter.
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  • Buy, The market was bullish before the rate cut, and the rate cut is probably the climax of this trend?

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  • Artie
    ·08-19
    enter buy the dip
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  • As the $S&P 500(.SPX)$ was plunging earlier this month, retail investors were buying the dip

    @Barchart @ X@Barchart @ X


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  • Aqa
    ·08-20
    Take profits first. Monitor closely to seize opportunity for good buys.
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