As soon as the market opened, I closed my positions. Regarding US stocks, apart from taking profits on the $Utilities Select Sector SPDR Fund (XLU)$ and having the profit protection of $Microstrategy (MSTR)$ triggered by the pullback, I newly bought a stock, CFLT. I worked with Kafka for over a year in my previous company, so I have some understanding of this niche segment. In this niche area, CFLT is performing quite well. Although the market segment is a bit narrow, the company still has business for now. I plan to hold this stock on a weekly - chart basis, with a target price of around 37.
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.
