Stock Market

I battened down the hatches with my 401k by pulling all but 25% in equities and I added a bit to bonds. The rest is sitting in that capital preserve fund soon after that last post. Sold the NVDA then too and thought I could sit it out with my retail account….Nope! I jumped on AXON when it fell 15%. Looking for a quick 4% rebound. Then it fell another 20%! It’s clawed half of that back but it sounds like most retail investors have left the building or are stuck with a bunch of $140/ NVDA shares themselves! I’m gonna let the red roll and see what happens. It sounds like there was a lot of pressure on the institutional investors to exit too. But I am betting that a bunch of liquid capital will be looking for a home on the next batch of good news. Who knows how long Warren Buffet is gonna wait?

Happy hunting.