Here's a BUY THE DIP checklist. How to buy when the market dips??
First priority: SNDK\DRAM\INTC
Second priority: NVDA
Third priority: NOK\LITE\CRWV\COHR
When to buy?
1. Definitely do not buy before Nvidia's earnings report drops.
2. If the earnings report causes a major crash, dragging down the entire semiconductor sector or even the whole market, like if pre-market Nvidia drops -5% and the market drops over -1.5%, then look for low points at market open and act fast.
3. If Nvidia's earnings report doesn’t dip, there might still be larger drops ahead, so don’t rush to chase; wait until Friday to see.
4. Regardless of the situation, don’t blow all your bullets; save some for next week. This week’s dip buying is just to avoid missing out. Let’s see if next week presents an opportunity to hit the lower Bollinger Band. Once it hits that lower band, then you can unload your bullets.
First priority: SNDK\DRAM\INTC
Second priority: NVDA
Third priority: NOK\LITE\CRWV\COHR
When to buy?
1. Definitely do not buy before Nvidia's earnings report drops.
2. If the earnings report causes a major crash, dragging down the entire semiconductor sector or even the whole market, like if pre-market Nvidia drops -5% and the market drops over -1.5%, then look for low points at market open and act fast.
3. If Nvidia's earnings report doesn’t dip, there might still be larger drops ahead, so don’t rush to chase; wait until Friday to see.
4. Regardless of the situation, don’t blow all your bullets; save some for next week. This week’s dip buying is just to avoid missing out. Let’s see if next week presents an opportunity to hit the lower Bollinger Band. Once it hits that lower band, then you can unload your bullets.