[2.3 US Stocks] Today was a disaster! My heavily invested stock $pypl suffered a disastrous earnings report, resulting in heavy losses! My boastful short short$ewy also suffered heavy losses during the rebound! Today was the biggest blow of the year! 😭😭😭... Because the Nikkei hit a new high, I am no longer bearish on the US stock market in terms of its short-term trend. Today I plan to maintain a neutral position, and a light position, keeping cash on hand for observation. I will only hold long positions $nvo $wu and short positions $su $smh, with 80% in cash.

Today I'm no longer holding a short position. There are both objective and subjective factors at play. The objective factor is that the Nikkei has hit a new high. As long as Japan doesn't collapse, US stocks won't fall. The subjective factor is that my holdings $pypl have suffered significant drawdowns due to disappointing earnings reports. In situations like this, I always scale back first and wait until I'm more stable before looking for better opportunities.

In fact, not only gold and silver, but also US stocks—recently, Asian markets have been determining the market's direction. This also reflects, to some extent, the lack of inherent momentum in the US stock market, relying entirely on short-term carry trades for price fluctuations. Furthermore, Sanae Takashi's victory on the 8th may further boost the Japanese market. The only variable here might be Japanese government bonds, along with Google's earnings report. In short, a neutral position is still advisable for the US stock market in the short term.

The portfolio is roughly 15% short($smh $arkk), 15% long($nvo $wu), and 70% cash. In general, the strategy is to short tech stocks and long value stocks, with a light position and a neutral bias.

Today was awful. $nvo It also crashed. Cutting losses. 😭

Currently holding short($smh $arkk) close to 20%, long positions were closed here ($wu), but were re-bought ($fisv). It should be noted that ($nvo) because I started trading today, the brokerage firm restricted closing positions, so I can only wait until tomorrow... Today, my long positions ($pypl $nvo) both defaulted, and since my position size was relatively large, the losses were quite significant. Today's single-day drawdown was the largest in the past two years, and I've already started losing money this year 😭