Market is abit crazy now so I would watch for abit. But generally, I have my eye on a few such as Etsy, Adobe, Nvidia. I wouldn't be able to catch the exact bottom but personally I feel that these are now at good enough price for me already.
These tech stocks have fallen 20% to 51% from their 52-week highs. Should you consider buying now?
I would generally try not to follow Cathie Wood's moves cause looking at her 2021 trades, I feel she just got lucky in 2020. But I agree that Shopify is one that is good for long term investment.
Believe SEA has potential to grow as it has a few arms in different areas. It has strength to rebound historically and though it seems badly hit this time, trust that it will pull up strongly in the near future.
This year's Nov and Dec movement seems abnormal but good time to pick up or add more position in some good growth stocks anyway. Otherwise, just DCA and we'll be fine!
Nasdaq ends sharply lower as investors dump growth stocks
Nobody can time the market but take heart that the stock market always goes up in the long term. If u r an investor, u shldn't be too worried abt short term fluctuations.
Nvidia's stock had a good reaction to the good earnings report but it is not trading nothing like a meme stock. I believe that Nvidia will continue it's upward trend steadily in the long run.
Just because Nvdia is on reddit, had a good run for the year, had a good earnings report reaction, has potential to correctdoesn't mean it is behaving like a meme stock. There are many good stocks that behave this way too. Nvidia has good growth potential. If u r in for the long term, any time is a good time to enter. If u r looking for a discount, monitor and wait for a correction.
Interesting view. I never put these 2 companies in a side by side comparison before as they are so different... Uber is far far far behind Amazon. Fundamentally the 2 companies are different so unless something changes, I don't see Uber coming anywhere near Amazon in the near future.
Sea has always had a strong pull upwards in stock price trend. I wouldn't be too worries abt this dip. Good opportunity to buy in more if u have the extra $$.