#Investing well the NVIDIA results were really good but not received too well, so the price didn't go the way most people thought.
So that's a bit of a fail.
Never mind. Very small percentage.
The 3NVD stopped out at -5%, the others ended up about where they started. I'll put the table in later, it'll take a while to sort out.
Leading on from the "Hmmm" in a previous post,
without a shadow of doubt 3NVD will be back up again later, maybe next week, or next month, but I don't want to hold a big neg position here.
Selling on a dip is generally a very bad idea.
If I'm going to do a review over the weekend (when the market is closed)
____ I only have Friday's price to work with.
It would be ordinary to think about it Friday late if something was looking bad, so I may decide it's best to sell, then. Most stocks can be traded up to midnight.
Monday morning's price and outlook will be different - sometimes radically so.
So I might plan to sell on the open on Monday but then change my mind, depending on what's happened. I can see prices change in the Pre-market, which would be a guide, along with the first 10 minutes or so (US Market opens 2:30 pm but is closed this Labour MonDay). One never buys or sells "on open" of the market, the price is poor either way because the spread is huge at that time.
I will expand the table to put in the Friday late price and the following Monday morning price, otherwise it's not realistic.
There are US employment(?) numbers coming out on Sept 6 which may spook the market, then the FED is going to cut rates, probably by 0.25%.
Anything unexpected may be quite bad for tech stocks, so I won't be holding those.
Maybe Apple - something coming up.
Costs of dealing - UK stock 0.5% tax, US stocks FX fee 0.3% on the round trip, depending on the platform.
Confounding things somewhat: In the last couple of weeks the Dollar has wekened by about 5%, degrading the values in £, but that's a lot more than usual.
A number fof UK stocks pay large dividends, up to 10% or so in 2 stages. That gives you the divi but the stock price dips, which plays havoc with your net investment number.
Tescos and Sainsbury's are good at the mo, I need to check those dates. The housebuilders have been good but paused.
Japan has been going up - largely on rate shifts, and India looks reasonable again.
British Banks - Lloyds, Barclays, are cheap along with the likes of Babcock, but people have been saying that for a while and little has happened.
A lot of stocks are back up to where they were before the mini-crash Aug 5th. "Levels" like that are like magnets, it can take a while for a strengthening environment to pull the price up off a level.
The S&P 500 for example is at the same level it was 10-12 weeks ago, whereas a couple of boring bonds I hold are up 6% in that time.
Real Estate is doing well, along with staples, utilities and healthcare. All are places you go when tech looks dodgy.
Gold has been going up, but historically it's not very attractive.
