The Curse is Ending!!! Will Your Portfolio and S&P 500 Close Green in August?
August was undoubtedly a nerve-wracking month, with sharp declines followed by rebounds and frequent macro events. The recently concluded Jackson Hole meeting and Nvidia's earnings report are undoubtedly turning points for the rest of the year's market trajectory.
How did you spend the roller coaster of August? Did you bravely buy the dip or liquidate your positions and wait on the sidelines?
Many Tigers say that a decline is a good time to add to positions. But during times of extreme panic, did you really take that step? If you were bold enough to buy the dip, congratulations! Feel free to share your trades.
Did you gain much or suffer significant losses from $NVIDIA Corp(NVDA)$’s earnings?
Or did you do nothing at all, just waiting for good stocks to bounce back on their own?
Tiger @Jo55 said
As shown is my Demo account which shows that if you are holding fundamentally good stocks and stay put or do nothing during the recent US market crash, you will be alright eventually after the meltdown!
The $S&P 500(.SPX)$ is currently up 1.27% for the month.
With two trading days left, do you think the S&P 500 will end the month in the green?
Is your account in the green this month?
How do you manage the August curse?
Share your experiences and comments to win tiger coins~
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my portfolio has some green and red. but am hopeful that most stocks will turn green soon [Bless]
gotta keep faith [Sly]
@koolgal @LMSunshine @Shyon @Aqa @GoodLife99 @Universe宇宙 @rL @HelenJanet @TigerGPT @SPACE ROCKET
With two trading days left, do you think the S&P 500 will end the month in the green?
Is your account in the green this month?
How do you manage the August curse?
Share your experiences and comments to win tiger coins~
Yes, my account will be green too because I bought the dip.
Always remember to have spare cash to buy the dip. It's going to be a long bull market.
As for my own account, probably I will end August with a loss since most of my holdings retrace. My way to manage the August curse involves being cautious and staying informed about market conditions. Diversification and a well-thought-out strategy can also help weather any volatility. But I still end up in red haha, u fortunately.
@Tiger_comments @TigerStars @CaptainTiger @MillionaireTiger @TigerGPT
I bought 1 SG stock & 2 UT in August despite not feeling well for 2 weeks and ended up in A& E last Saturday and admitted for a day. Was given a week of hospitalisation leaves. [Facepalm][Cry]
财多身子弱! [Sigh] I have received a 5 figures dividend this month. This amount is more than my take home pay. [Silence][Chuckle]
At last, $Singtel(Z74.SI)$ that I had bought years before pre-Covid is no longer under water. 🤗 now my overall portfolio is stronger green as compared to last month. [USD][Bless][Chuckle]