Oracle's earnings report dragged down tech stocks and even the broader market🙃

Old friends know that after giving back 30+ points of profit last month, I stopped losses and cleared many positions, keeping cash in case the market continues to fall. Although I missed gains from Texas Instruments, Synopsys, and others, reducing positions also meant only half the profit was recouped. But it's no big loss—today's big drop actually made me a profit, and I'm waiting for a chance to buy the dip.

Currently 70% in cash, with only META at cost 630 and "Dazi" at cost 175 left in positions. META's position is sizable but hasn't fallen to cost price, so I'm too lazy to average down. I added a bit to Dazi at 178.8 and will add more at 170.

Yesterday, 200 shares of CRWV short got trapped without stop-loss, but today turned misfortune into blessing—closed at 85 intraday, freeing up funds, and bought some shares at 85 and 84 after hours. The price of 66 is still fresh in my mind, and I'll only consider increasing positions below 80.

Synopsys' earnings surged 8 points before pulling back—bought 14 shares at 483, speculating on an intraday rebound, and will exit at a $100 profit.

Cleared Oracle at 220 yesterday; after-hours limit orders at 200 and 195 were triggered—will add more at 188 and 180. Microsoft and Amazon haven't hit ideal prices of 460 and 210, so no action for now.

Today seems like a buying spree, but it's actually much more conservative than my past moves—just small positions for observation, as bigger risks and opportunities may come tomorrow.

Oracle's earnings alone caused such a drop—if Broadcom's report bombs tomorrow, the scene would be unimaginable. Compared to Oracle, Broadcom's AI bubble, which has been surging, is likely even bigger...

Just my random trades, not investment advice.

$Invesco QQQ Trust(QQQ.US)$SPDR S&P 500(SPY.US)$NVIDIA(NVDA.US)$Meta Platforms(META.US)$Oracle(ORCL.US)$Coreweave(CRWV.US)$Microsoft(MSFT.US)$Broadcom(AVGO.US)$Synopsys(SNPS.US)$Amazon(AMZN.US)$Tesla(TSLA.US)