u/coopermug

I just got a used Oneplus Open as my 2nd phone (I have a spare sim) yesterday with 99% battery for $470. I've been loving it. It's a well rounded foldable phone with a good camera. I went to Bestbuy today to check out the new Galaxy Fold 8 (the wide version) and damn, now Ive just realized how much better foldable phone has come. The Fold 8 is very light and thin. It's almost impossibly thin. It's such a joy to hold and use that device. The Open is still buttery smooth but dang, in just 3 years, unlike traditional phone, foldable phones have come a long way.

I'm using an iPhone as my main phone since I'm in Apple ecosystem. The Open is good enough for me to experience android on a foldable device.

My ATH was $925k on June 22. The brutal sell off in chip stocks pushed my portfolio down to $600k. At 600k, I was still up 100% from my initial money. Now my portfolio has recovered to $773k and I'm actively trimming my positions.

1 big reason is my margin used to be $450k. Now margin is down to $118k and I plan to reduce it to zero in August. I already shifted my money to VOO.

That said, I think my portfolio can recover a bit more and go up to around $830k-$850k. At this range, I want to fully exit my individual stocks. (Waiting for MU, and memory stocks to to back up again)

So how much from your ATH that you accept to sell and move on? At $773k, I am about 17% lower than my ATH.

I don't get it. Even with the brutal pull back this past month, I think his monster gains since last year are waaay more than enough to cover all these loss. Some of his positions were like up hundreds if not thousands %. It's like up 1000% and down 40%. How come he has to buy on margin and got liquidated? Any idea?

It's been selling off for a month now and it's really painful. Walking up everyday and got depressed. But I'm not selling any of my chip stocks. Not all of my chips stocks are loss. But I'm keeping all of them. You can sell or you can hold, it's your decision. I'm just here to say that I'm still here holding all the shares.

Hoping the pain will be over soon. Good luck everyone.

I have no doubt SK will beat earning today and lift the whole semis up. MU will bounce back tomorrow.

Last time Samsung also beat but dropped due to high expectation. But it's different now as SK stock and memory have been down a lot. We have room for surprise here. Let's hope!

The more I read about openAI, the more I believe openAI will be the one that brings down the whole AI narrative. Oracle in fact stated the risk of nonpayment from major customers (everyone knows it's OpenAI) and got credit downgraded also due to openAI's risk.

For me, I stopped my openAI's subscription because I prefer Gemini. Once OpenAI goes public and everyone can access its financial, that'd be not very nice. If you invest in AI stocks, you will want openAI to succeed. Otherwise it will destroy the whole AI/ semis market and maybe only huge hyperscalers like Google, Meta, Amazon barely survived.

Convince me how openAI could justify its $1 trillion valuation? I'm heavily invested in AI/semis stocks and honestly I plan to exit once we have a date for openAI's ipo.

I have been too scared to open my Hood app since yesterday evening. I was expecting a total blood bath today. Trump resuming Iran war threat, Fed minute not looking good. But to my surprise, my account (which mostly have semis/ AI stocks) was actually up today. I know there was some good news for NVDA regarding China. And some good news for AVGO as well. But is it all why semis stocks were up today?

I'm so confused since it looks to me that the Fed will very likely hike rate once this year. Iran war seems not to conclude anytime soon. Is there any shift in money rotating? Does money to back in semis? Or should I trim more of my positions while I still can?

Hey guys, I'm growing extremely concerned that the Feds certainly will hike rate this year. Back in 2022, I didn't understand why stock markets were so bad. It was mostly because the Fed hiked rate too much in a year. Now Kevin Warsh's hawkish stance on inflation makes me feel so uneasy. If they hike rate 2 or 3 times this year, that would certainly destroy this bull market.

What do you think? Are you fully invested? Or keep cash ? I think I'll aggressively trim my accounts in July to capture the July 4 rally and before the Feds meeting around July 28-29.

Stock at all time high going into earning is always risky. So today we got a 13% sell off so it takes some pressure off the stock. Tomorrow I think we will pop 5-10%. All the headlines are pointing to a super high memory pricing. Apple rising price, Valve's Steam machine is stupidly expensive, SK Hynix slowing down HBM expansion (supply constraints continue), NVDA use less HBM in Rubin (Because of high cost), etc.

Let's go boys!! 100 shares and 1 leap call heading into battle tomorrow !

Relax guys. If this dips, it will go back in a blink of an eye. Apple rising their price is a super bullish signal. Hold.