Market crash begin with almost all stocks (>80%) of the index , including growth and value stocks have been in the downtrend for certain times. Indicators that can help to pick the bottom: - RSI below 20 - VIX above 30 - Price action shows the trend touching previous resistance level.
For those stocks that have been dropped more than 25%, can buy the dip in order to enjoy the potential short term rebound. Meta is under my radar since it's a great company with good fundamental and it's undervalued now. In the face of plunging stocks, I am holding good fundamental companies stocks for long term; while selling smallcap growth companies due to their high volatility and weakness.
After losing money, I learned cut loss is vital to preserve our capital, so that we have enough funds to roll on to next stock when opportunity strike. Moreover, when a stock is in downtrend, we would not know when will be the bottom, it can even goes lower, so cut loss is important.
Bottom-Up Investing suits me well. I can slowly accumulate stock of the great companies which have good fundamental, for examples Magnificent 7 companies. They're often long term buy and time will prove everything.
DBS is a good stock to consider in our retirement portfolio. Its capital appreciation coupled with consistent dividend payout, make it suitable candidate for long term investing.
I believe in long term investing. I have been holding few Magnificent 7 companies since 2021. "Magni 7" companies like Apple, Nvidia, Microsoft, Meta, Amazon, Alphabet and Tesla, are all good fundamental company with huge market capitalization. They are stable and suitable for long term investing.
I am somehow agree with Tiger AI recommendation especially on AMZN. The stock is fundamentally sound and not significantly affected by recent correction. Rating : 8.
I prefer Penang, Malaysia for its vibrant and delicious food, as well as its historical architecture, natural attractions like beaches and rainforests, and unique street art.