TLDR of my “recovery” trades:
Including some new trades from last week, if anyone was interested.In order of concentration:1. $Credo Tech(CRDO.US) ($190) - that 18% dip after earnings was such an obvious buy-point.2. $Nokia Oyj(NOK.US) ($14) - started a sizeable position on Thursday's market close. Not sure why they're down 20%?3. $Reddit(RDDT.US) ($150) - will add more soon.4. $Qualcomm(QCOM.US) ($148) - pre-earnings trade from April that I still hold.5. $Ciena(CIEN.US) ($488) - opened a position on the dip after their earnings report a couple weeks ago. Keeps dipping though lol.6. $ServiceNow(NOW.US) ($102) - what on earth was that SaaS fake pump at the end of May? Down around 7% and plan to DCA in pre-specified tranches if it keeps dipping. Long-term hold for me for when quality SaaS makes a resurgence one day.7. $Fabrinet(FN.US) ($570) - started a position last week, 20% dip seems aggressive on quite impressive earnings + outlook.8. $Netflix(NFLX.US) ($77) - started the position on Thursday market close. A 40% dip in the past year is mental.9. $Grayscale Bitcoin Mini Trust ETF(BTC.US) ($63k) - not a crypto bull/expert at all, it's just a fun trade to see what happens. Will be the first to go if I need to raise cash.As of right now, most could easily turn into longer-term holds.The copyright of this article belongs to the original author/organization.
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