Total Assets
GOOG Return RateThanks for sharing, worth learning
Let's talk about this market downturn
Everyone is waiting for Powell's speech tonight
This is considered official guidance
The recent week's downturn was due to unofficial news
Currently, the rumors suggest
There's a high probability of no rate cut in September
Which is negative for U.S. stocks
Or this is just an excuse for the overheated U.S. stock market
To justify the downturn
The mainstream view is a 10-20% decline in this round
Personally, I think 10-15% is the limit
I will gradually increase my position starting from a 10% drop
After all, the U.S. stock market's recovery ability is very strong
Today, I calculated the "Magnificent Seven" tech stocks
From their highs to a 10% pullback
Sharing with everyone
1.$NVIDIA(NVDA.US) recent high 184.48, 10% pullback at 166, meaning below 170, I would consider adding to my position.
2.$Tesla(TSLA.US) recent high 348.98, 10% pullback at 314, meaning below 320, I would consider gradually adding to my position. This has almost been reached.
3.$Amazon(AMZN.US) recent high 236.53, 10% pullback at 212.87, meaning around 210, I would consider gradually adding to my position.
4.$Alphabet(GOOGL.US) recent high 206.44, 10% pullback at 185.79, meaning below 190, I would consider gradually adding to my position.
5.$Microsoft(MSFT.US) recent high 554.56, 10% pullback at 499.1, meaning around 500, I would consider gradually adding to my position. The first adding point has almost been reached.
6.$Apple(AAPL.US) recent high 235.12, 10% pullback at 211.6, meaning around 210, I would consider gradually adding to my position.
7.$Meta Platforms(META.US) recent high 796.25, 10% pullback at 716.62, meaning below 720, I would consider gradually adding to my position.
8.$Taiwan Semiconductor(TSM.US) recent high 247.84, 10% pullback at 223.05, meaning around 220, I would consider gradually adding to my position.
The above is just my personal trading suggestion, and the numbers are mechanical calculations. Each stock is different, so this is for reference only. Additionally, I will share the adding points for -15% and -20% in image form, hoping it helps everyone.
Finally, this is not investment advice, just personal experience sharing.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
