Cathie Wood bought 41,714 shares of Amazon today and sold 327,450 shares of ROKU.

Nasdaq down -2.21%, S&P down -1.44%.

US stocks were dragged down by South Korea yesterday, with Micron Technology and SanDisk falling over 13%, and Western Digital falling over 8%. The optical communications sector also fell sharply, with Applied Optoelectronics down nearly 14%, Credo Technology and Coherent down over 10%, and Corning and Lumentum down over 7%.

There's been a hot news story these past couple of days. A die-hard Xiaomi fan on Snowball bought Xiaomi stock, with peak profits reaching 3 million. This sweet taste probably went to his head, and he even sold his house this year to add more shares. The result was a continuous drop, and now he's lost a third. That outcome would piss anyone off. If you're interested, you can check it out on Snowball. His opinion of Xiaomi took a sharp turn, as shown below, maybe even worse than a piece of dog shit.

When I first opened my 🐯 Securities account, back in '18 or '19, I also bought some Xiaomi. There was even a slogan back then: "The first stock for young people." Anyway, I didn't hold it long before selling. But who would have thought this "first stock for young people" would drop from a peak of 60 to now starting with a 10. I mentioned this in the class group chat today, and a classmate even screenshotted my nickname back then: "Bought Xiaomi at 9 yuan" 😌. Let's wait a bit longer, maybe it's really coming.

Cathie Wood bought 41,714 shares of Amazon, 23,593 shares of Google, 21,226 shares of Tesla, 81,260 shares of PLTR, 76,203 shares of CRWD, 25,795 shares of CBRS, 2,953 shares of ALMR, and 404 shares of GENB today.

Sold 327,450 shares of ROKU, 131,001 shares of SRTA, and 700 shares of 財富。