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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: chowder who wrote (7354)8/3/2024 7:25:18 AM
From: cemanuel3 Recommendations

Recommended By
chowder
Fireball Dividend
MinionMom&MarineWife

  Respond to of 22057
 
No way I'm trimming or selling NVDA, not with them starting to sell their Blackwell(?) chips this quarter. So far this is a normal correction. High growth stocks have wider price swings. I could be wrong, but I think NVDA has a lot further to go.

I completely absented myself from the markets yesterday. Didn't come here, didn't check my accounts until this morning, nothing. Didn't want to get reactionary about something that looks very normal.

It is tempting to trim some tech positions, lock in gains, see about buying back in later. But my experience with myself is that I'm not good at that sort of thing so I think I'm just gonna keep riding the ride.

I am going to dig into some economic information and see what I think of recession possibilities. At a glance I'd say odds are one won't happen but the chance is significant. Lot of soft numbers the past 3 months.