avatar
Chasing Prophets09/08/2020 23:23

The past few market days, plus even this long weekend I have posted several times that there would be large scale tech bleed, and that it would continue across the board in stuff like $Microsoft Corp , $Apple Inc , $Amazon Com , $Meta Platforms Inc , $Twitter Inc , $Zoom Communications Inc , $Nvidia Corporation and I also said that the worst bleed of all would be $Tesla Inc . I even mentioned how it would continue to effect stocks like $Target and $Walmart as well. If you are long in any of these companies and you believe they will show growth for years. Then in my opinion it is not wise to plan an exit now after these losses. That was a good plan awhile ago. Just relax, live your life and wait this correction out. If you are looking for entry points, then I would say, wait, but pay close attention to your shopping list. If you are nervous about catching the perfect dip price, don't attempt too, just pick your own price target and enter at it. Don't live in regrets, of what you could have bought and at what price. Profits are positive no matter what size of profits are produced. However, I have to say again, in my opinion this bleed isn't fully over yet, this is a large rotation of correction affecting much more than just the tech sector alone. It is just impacting the most extremely overvalued sector in the market the worst. This was going to happen inevitably. Take this time to shop stocks in other sectors that are undervalued, get some recovery stocks, get some growth stocks outside of tech, but most importantly, use this time to read, learn from mistakes and become a better investor. You will be well rewarded with your time and efforts.

10
23
Disclaimer: The comments, opinions or any other information provided herein are from the users who are posting onto the Webull platform and not from Webull. The content provided by such users do not represent the opinion of Webull, and should not be construed as investment advice or recommendation, nor as an offer or solicitation to deal in any investment product. Investors should consider their investment objectives and risks carefully before investing. If in doubt, please seek advice from professional financial advisers. For more information, please refer to the Webull Community Agreement.
avatar
Share your ideas here…

All Comments

No data yet, let's see others
Chasing Prophets
2
Following
115
Post
0
Wefolios
No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.

No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.

  • Copyright © 2026 Webull. All Rights Reserved