Indeed this is a very good news to those tech giant like appl, avgo and tsmc. However, we know that Trump is always changing here and there. We shall see how further in this case. Trade with extra careful.
for now, it's still just a rebound. it's too early to say it's a reversal now. the marker to go up or not, we have to see what Trump said in social media.
$S&P 500(.SPX)$ predicting that s&p 500 likely bounce if it hits 20% drop. We can refer back to 2020 covid drop. However, it depends on the fed to cut rate or not. So 20% drop of s&p 500 is a key level.
I would say the stock market is really a worm inside my stomach. The stock would start dropping whenever I bought it. However, the stock would start raising like a rocker after I sold it.
$ARM Holdings(ARM)$ this is another one being pushed up from gap down after quarter report released. Let's see if it can sustain on 20ma for consolidation.
$Roblox Corporation(RBLX)$ worth further observe. A huge gap down after quarter report released. However, it's pushed up with high volume on the same day. Let's wait for it to consolidate further and find a point to go in.
$Pure Storage(PSTG)$ another successful trade in the month. Although it hit my cut lost point in the first trade. However, I saw the momentum is strong. Its doing better than the s&p index. So I decided enter the second time and bingo!
$Semtech(SMTC)$ another trade for this stock. Bought it on the day when it pull back with low volume. Very lucky that the next day it break out with high volume. Although it doesn't have follow through the next day it break out. But as long as it didn't hit my cur lose point, I still hold. Now am in good profit position. Set the cut lose point higher.
$Oklo Inc.(OKLO)$ follow up on this trade. As we can see from the chart, I have sold it when the stock breached below 5ma. Yes I have given back much profit but this is trading. As long as not losing then fine. We trade what we see.
$Oklo Inc.(OKLO)$ a small trade for this stock before reaching the end of Dec 2024. Knowing that how fluctuate is this stock. Bought when it tried to break out in Dec last month. However it had failed. Almost hit my cut lose point which I set slight below 20 ema on 31 Dec. Now it successfully break out with high volume. Now my strategy is to set the cut lose point higher probably slight above all ema lines. Would top up again when it break out 28.17 with high volume.
$Tesla Motors(TSLA)$ temporarily am bearish on tsla. If you look at the rebound has not much strength and keep being sell down. However, am bullish on tsla for long term. Technically tsla needs to consolidate for at least a month then only it has momentum to continue going up.
it would most likely be quantum computing heat in 2025. that being said, googl is the one to pick next year other than tesla. I would also see how pltr can perform coming year.
What a great 2024 especially 2nd half of the year made great profit. Thanks to tsla and pltr. These both stocks had helped me made great profit. Look forward to 2025 with greater profit though there could be profit taking activity now.