US stocks plummeted! TACO? Let's talk about the next step.

At 11 PM Beijing time on Friday, due to tariff escalation, the S&P 500 plunged instantly, closing down -2.71%, while the Hang Seng Index night futures also plummeted -5%, and Bitcoin closed down -6.56%.

Over the weekend, there was a lot of speculation about whether it would "taco," but it was all hype with no substance.
It's simple—even the parties involved aren't sure if they'll "taco."~
Instead of fortune-telling, it's better to plan your next trade carefully.

! Key Points: A Multi-Perspective Discussion on My Views & Plan:

I only talk about the essentials—if you find it useful, like, share, and follow.

1. Core Views:
(1) "Just business"
(2) Diminishing marginal impact: It won’t see a deep 15% correction like on April 2 (Liberation Day), but a 3%-10% pullback is still possible.
(3) Focus on three major events: APEC, the Fed’s rate decision, and Q3 earnings season.

2. Technicals: S&P 500 Daily K
Where to start "bottom-fishing" in batches?
- Level 1: 6500, a 3% pullback, upper edge of the purple box.
- Level 2: 6350, a 6% pullback, lower edge of the purple box.
- Level 3: 6150, a 9% pullback, upper edge of the yellow dashed box.

3. News:
(Omitted…) Temporarily mild, Bitcoin temporarily reclaimed 110k.

4. Fundamentals:
(1) The decline helps digest the market’s "high valuation risk."
(2) Q3 earnings season has begun, with Wall Street revising S&P 500 earnings growth from 11% in Q2 to 6%.
(3) Next week, ASML and TSM’s earnings reports are particularly important—watch how ASML’s guidance weighs the negative impact of rare-earth controls.

5. Sentiment: Fear & Greed Index at 29, Market Breadth at 36.

6. Stocks:
· "Bottom-fishing" strategy: AI/Big Tech & unaffected by tariffs & reasonable valuation.
· $Tesla(TSLA.US) (+118%): Reduced position.
· $Hims & Hers Health(HIMS.US) (+205%): Slightly increased position on Friday night.
· $BitMine Immersion Tech(BMNR.US) (+21%): Fully exited in batches last Tuesday, notes available to follow.
· $Unitedhealth(UNH.US) (+59.12%): Targeting 400.
· $Oscar Health(OSCR.US) (+156%): Fully exited in batches last Tuesday, bought back half on Friday night’s big drop.
· $Amazon(AMZN.US) (-2.7%): Position opened last Tuesday, holding, support at 215.
· $Innodata(INOD.US) (Doubled and exited, cost basis negative): 1% watch position.
· $Berkshire Hathaway B(BRK.B.US) : Position allocation needs, holding patiently.

(Personal views, not investment advice. If you find it helpful, give it a like and follow.)

$ASML(ASML.US) $Taiwan Semiconductor(TSM.US) $NVIDIA(NVDA.US) $SPDR S&P 500(SPY.US) $Invesco QQQ Trust(QQQ.US) $Meta Platforms(META.US) $Microsoft(MSFT.US)