Welcome to our newest subscribers!
This year remained tough for long term investors, specially if you are a growth & tech investor.
Take this action:
We are adding to following existing holdings today.
In the bear market high quality growth stocks goes to their rightful owners, traders and short term thinkers will leave the ship because their trading decisions are just based on price movement. They mostly don't know why they bought the stock at first place.
After another shaky start of new month and another new low in tech stocks ($QQQ), we should add to our existing positions. Also, add few stocks that are screaming buy.
We are buying following debit call option spread expiring next week. Anticipate QQQ to bounce from today low in following week.
TTWO Earnings after hours today: Anticipating a $15 move either side
It seems 2022 is the year of accumulation in tech stocks. No one actually knows how long it will take for these stocks to recover, this is the year we need to practice what we preach. BE A LONG TERM INVESTOR.
Sell to close GOOG call spread : for $5 to book 180% profit