Post-market review for U.S. stocks on February 6th

Bottom-fishing sentiment drives a violent rebound in the tech sector, panic sentiment reverses in a single day. Is the pullback over? How to handle subsequent volatility in February.

Today, the S&P and Nasdaq rebounded 2%, while the small-cap Russell $iShares Russell 2000(IWM.US) surged 3.6%. Nearly 80% of S&P 500 and Nasdaq 100 constituents rose, showing a strong rebound!
However, the Nasdaq has fallen for four consecutive weeks and hasn't stabilized yet $Invesco QQQ Trust(QQQ.US) 

To resume the uptrend in the short term, two conditions must be met:
1. The crypto market maintains its upward trend over the weekend.
2. The first two trading days next week need to continue with significant gains.
Otherwise, larger-scale selling may occur.

However, predicting the direction isn't important. February won't return to calm immediately either. What's more important is how to handle the market's significant volatility going forward!

First, reflect:
Did you panic sell during the drop in the past two days and chase the rally today?
If the market plummets again next week, is your position risk too high?
If the market continues to rise next week, can you ensure profits without FOMO?

Then, formulate a trading plan:
For swing positions, have stop-loss/take-profit plans and execute them decisively when targets are hit.
For long-term positions, have accumulation plans and buy without panic when levels are reached.

This way, you won't be controlled by emotions in chaotic market conditions and make erroneous trades.

Computing power rebounds
NVDA, AMD, AVGO, MRVL all rebounded around 8% $NVIDIA(NVDA.US) $AMD(AMD.US) $Broadcom(AVGO.US) $Marvell Tech(MRVL.US) 
Yesterday's review mentioned that the high capital expenditures of the four major tech stocks are a significant positive for computing power, but the weakness in computing power is very contradictory.
Today's movement is back to normal. It should be tech stocks that fall, while computing power should rise.

But still, don't worry about tech stocks
Microsoft 450, META 690, Amazon 230, Google 290, below these levels are all long-term opportunities $Microsoft(MSFT.US) $Meta Platforms(META.US) $Amazon(AMZN.US) $Alphabet - C(GOOG.US)