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Buying the dip
02 Dec 2021 (959 views)  

The following stocks that I invested in the US markets dropped by 6% to 12% on 1 December 2021.

The sharp drop was due to the confirmation of the first case of the omicron varient in California.

I consider this drop to be excessive. 

I will invest in $30,000 USD for each of these 7 stops (total of $210,000) when the market opens on the following day.

I hope that the stock will recover by 5% over the next few days. I will sell the purchases, as I already had sufficient holdings of these stocks.

Note - this is my personal view. I am not giving investment advice.

Tan Kin Lian


 


Buying the dip
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The following stocks that I invested in the US markets dropped by 6% to 12% on 1 December 2021.

The sharp drop was due to the confirmation of the first case of the omicron varient in California.

I consider this drop to be excessive. 

I will invest in $30,000 USD for each of these 7 stops (total of $210,000) when the market opens on the following day.

I hope that the stock will recover by 5% over the next few days. I will sell the purchases, as I already had sufficient holdings of these stocks.

Note - this is my personal view. I am not giving investment advice.

Tan Kin Lian