I closed $Direxion Daily TSLA Bull 2X Shares(TSLL)$ ,TSLL's price rebounded, partly due to Trump buying a new Tesla to show support. The price was much lower on 11 March, which made me realise I had bought in after a much higher price. I took this opportunity to sell after being in the red p&l for the past few days.
I opened $Direxion Daily TSLA Bull 2X Shares(TSLL)$ ,I looked at TSLL's closing prices over the past few trading days: $10.66 on March 7, $10.75 on March 6 and $12.13 on March 5. This ETF has been falling - could a rebound be coming? As Buffett says, "Be greedy when others are fearful."
I closed $Direxion Daily TSLA Bull 2X Shares(TSLL)$ ,I was willing to trade TSLL because despite the stock's recent bearish trend, I believe the company's financial strength is solid, making it unlikely to go out of business.
I opened $Direxion Daily TSLA Bull 2X Shares(TSLL)$ ,I've always been bearish on Tesla but I bought TSLL today because the price dropped sharply. While I still have a bearish outlook on Tesla, this was a short-term trade rather than a long-term investment. In the short term, I expect a rebound but in the long run, I believe it remains overvalued and could see further correction.
Personally, I will avoid NVIDIA (NVDA) because, despite the recent price drop, it is still far too expensive. Even after falling in the past month, the stock remains overvalued in my opinion. NVIDIA (NVDA) Recent Price Movement: NVIDIA closed at $110.57 yesterday, down 5.74% from the previous trading day. The stock has experienced some volatility, but it remains at a high valuation. 52-Week Range: The stock has traded between $75.61 and $153.13 over the past year. Even at its 52-week low, it still seems overpriced. Personal Buy Target: I would only consider buying if the stock fell below $35, though I recognize that this is highly unlikely in the near future. Overvaluation Concerns: NVIDIA’s valuation appears inflated, driven largely by AI hype and excessive optimism. Market Euphoria: The
Strategy (MSTR) has returned to the $300 level as Bitcoin surges past $90,000. The stock closed at $304.11 yesterday, marking a significant rebound from its 52-week low of $101 and still far from its 52-week high of $543. This extreme price range highlights the stock’s volatile nature—a direct reflection of its heavy exposure to Bitcoin. Strategy (MSTR) Why Is MSTR So High? MSTR’s recent rally since last year is likely driven by Bitcoin’s price surge rather than the company’s fundamental business performance. MicroStrategy has aggressively accumulated Bitcoin, positioning itself more as a Bitcoin proxy stock rather than a traditional software company. As a result, its stock price moves almost in sync with Bitcoin, making it highly volatile. Risk vs. Reward: Should You Buy, Short, or Avoid?
Sea Ltd. (NYSE: SE) has reported its second consecutive year of positive net income, posting a net profit of $447.8 million. Meanwhile, its e-commerce platform, Shopee, surpassed $100 billion in gross merchandise value (GMV), further solidifying its dominance in the region. Financial Strength and Market Position Sea Ltd. has established itself as a financially strong company, demonstrating resilience and growth despite economic uncertainties. Over the years, it has shown a track record of robust financial performance, driven by its three key business segments: E-commerce (Shopee): A leading online shopping platform in Southeast Asia and Latin America. Gaming (Garena): Known for hit games like Free Fire, which has been a major revenue generator. Fintech (SeaMoney): A growing digital payment
I opened $Northern Oil & Gas(NOG)$ ,NOG is a high dividend yield stock with an upcoming ex-dividend date on March 28, offering a dividend of $0.45 per share. I bought it for a trade but am open to holding long-term if I can't sell at my target price. The stock closed at $31.50 in the previous trading day and hit a 52-week low today, which could set up a potential rebound.
I opened $Direxion Daily Small Cap Bull 3x Shares(TNA)$ ,I bought TNA for a short-term trade, aiming to sell at $36.80. The previous close was $37.14 so I expected a rebound. ETFs feel safer than individual stocks and since this is a bull 3x shares ETF, I believe the market is more likely to rise in the long run. That means there's no need to panic if I can't sell today.