My jinxing mouth actually predicted it. If Broadco

My jinxing mouth actually predicted it. If Broadcom's earnings report also disappoints, the scenario would be even more unimaginable. But this drop is just too ridiculous—only a 1% contraction in gross margin, and the earnings report is still quite impressive 🥲

Once again, I’m glad I’ve been keeping my positions light during this period. Although I missed out on some gains, I minimized the risks. I’m also relieved that I only bought a small position yesterday, as I had a hunch Broadcom would take a big hit too.

Today is both a risk and an opportunity. I went on a crazy buying spree again and instantly maxed out my positions. So much for staying calm—there were cheap chips everywhere… Now it’s back to lying flat.

$Oracle(ORCL.US) I sold part of my position at 200 yesterday while day trading, and today I added 70 shares. I bought too much above 190, so my cost basis only dropped slightly to 191. If there’s a rebound in the afternoon session, I’ll sell some. It’s already my top holding, and I’ll sell in batches above 260.

$Meta Platforms(META.US) I sold part of my position at 253 yesterday while day trading, and today I bought 8 shares at 641.8, raising my cost basis to 635. It’s my second-largest holding, and I’ll sell in batches above 730.

$Coreweave(CRWV.US) After closing my short position today, I gradually bought 170 shares at an average cost of 81.1. I’ll try to lower the cost further by day trading. My goal isn’t too high—getting to 100+ is achievable.

$NVIDIA(NVDA.US) I added 7 shares at 175.5, bringing my cost basis to 176. Dazi never hit my ideal entry price of 170, but I didn’t want to miss out, so I’ve been buying small batches here and there—selling on rebounds and buying on dips.

$Broadcom(AVGO.US) I lost $50 yesterday by cutting my short position early, and today I went long with 13 shares at 366.6. Is it too much to ask to make $50 back?

$IREN(IREN.US) I bought 60 shares at 40.8, and $Synopsys(SNPS.US) I bought 6 shares at 465. Broadcom, Synopsys, and IREN are short-term speculative plays. If there’s a profitable rebound in the afternoon session, I’ll close them out.

No one can buy at the absolute bottom except by sheer luck. I probably bought halfway up the mountain again, but building a portfolio starts with getting stuck—only then can you average down and scoop up cheaper chips for bigger profits later.

I’ve always believed opportunities come from drops, and risks come from rallies. Every big drop in quality stocks is a good chance to build a position. Even buying halfway up is much better than chasing highs and getting stuck.

While typing this, the market seems to have rebounded. My floating loss from today’s bottom-fishing dropped from 1,300 to just over 600, which is a relief 😂 Can’t post charts here—trade records are in the comments.

This is just my reckless trading, not investment advice.

退场

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)