Rack up all the Mega Caps (Apple, Microsoft, Nvidia, …)
First 10 – all red
Second 10 – all red
Third 10 – all red
…
Position #32 Advanced Micro Devices (AMD) +1.75%
A smaller 1% holding - Ferroglobe (GSM) reported after the market closed. Perhaps tomorrow will be a better day.
Ha I was wondering you are talking about Bangladesh. Of course not.
I update my investment share prices at the end of each month. I was travelling and didn’t do July until today. Of my 23 investments only 8 had declined in value since my June pricing. The rest had increased in price. Overall my portfolio increased in value.
Maybe I’ll start paying closer attention! Maybe not!
JimA
@JimA759s - Good for you.
@Kingran - That was just on the US side.
Heard NPR’s summary of the Japanese market on 08/05/24 – down 12.4%
On the plus side, Nikkei is rising today–
Japan's share benchmark soars nearly 11% a day after massive sell-offs that shook Wall Street - ABC News.
I find this to be an unusually complex interesting emotional market. Lotsa balls and players in motion.
d fb
@flyerboys - Yes, lots of variables involved.
The NPR reference did a better job of breaking things down.
At a very high level, their view was the factors affecting the US market plunge were very different from the main factor on the Japanese market plunge.
US - recession worries, commodity prices also dropped
Japan - end of the carry-trade
There was also mention of the South Korean stock market plunge. I don’t recall them delving that much into South Korea, But, if I were to guess, it could be the potential impact of a tech slowdown. I mean, as an example, Nvidia’s delays could have a major impact on Samsung and other South Korean tech players. (Some shipping guy whispered - but also, quality shipyards and a decent orderbook 
)
If you own just a few stocks you don’t own “the market.”
Monday down 1.65%, mostly TSLA offset by AMD. Since TSLA is not for sale it makes no difference. I was all upset because my 6/21, $125 ARM calls were assigned as it skyrocketed to $186.46. What to do? Sit tight. They are back down to $113.51 pre market.
Friday was a bad day. What to do? Monday will be worse so do nothing until Mr. Market settles down. You can only see tops and bottoms in hindsight and even that does not come with a money back guarantee.
Emotions and markets don’t mix! Don’t trade under the influence.
The Captain
Well, if you’re still interested in playing ARM, you could sell the August 120 puts for $9. Then, next week, you either will have bought back the stock for ~$111 net, or you will keep the $9 premium. If you end up buying it back, you can, of course, sell calls against it again at some point in the future.
I am. I bought shares at $115.86 to sell covered calls. I changed the protocol somewhat, lowering the premium and raising the strike price, the capital gains.
The Captain
Well, buying at 115 and selling the 120 calls (let’s say Aug 16) will earn you the same $9 approximately. That is, if the stock is over 120 at expiration. Otherwise, it’ll earn you about $4 plus the stock appreciation/depreciation in the holding.
In general I prefer the puts because there’s less for me to do, one transaction instead of two, one decision instead of two, etc. But the transactions are economically equivalent.