๐ - I recently shifted my portfolio from defensive stocks like $PEPย $KO and $HSYย into technology stocks, specifically Amazon, Datadog and Microsoft. This move aims to take advantage of the recent tech sector pullback and position for a potential rebound.
๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฃ๐ฒ๐ฟ๐ณ๐ผ๐ฟ๐บ๐ฎ๐ป๐ฐ๐ฒ โ ๐๐ฎ๐ฟ๐น๐ ๐ฎ๐ฌ๐ฎ๐ฑ
Since the start of the year, the Nasdaq has dropped approximately -9.5% and the S&P 500 is down around -4.5%, with most of the decline occurring from mid-February to March 10. My portfolio its still 6.70% ytd
๐ ๐ ๐ ๐ฃ๐ผ๐ฟ๐๐ณ๐ผ๐น๐ถ๐ผ ๐ฃ๐ฒ๐ฟ๐ณ๐ผ๐ฟ๐บ๐ฎ๐ป๐ฐ๐ฒ โ ๐ ๐ฎ๐ฟ๐ฐ๐ต ๐ฎ๐ฌ๐ฎ๐ฑ
Currently, my portfolio is down -3.26% this month, but Iโm still outperforming the broader indices, which have experienced deeper declines. Nasdaq -7% and SP500 -5.70%
๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐ ๐๐ผ๐ถ๐ป๐ด ๐๐ผ๐ฟ๐๐ฎ๐ฟ๐ฑ
I see this market correction as a buying opportunity in tech. With patience and a long-term vision, I expect this strategic shift to drive a strong recovery into the end of March.
๐ฌ How are you positioning yourself during this tech sell-off?
Buying? Selling or waiting?
๐ ๐๐ถ๐๐ฐ๐น๐ฎ๐ถ๐บ๐ฒ๐ฟ: This is my personal opinion and is for informational purposes only. You should not interpret this information as financial or investment advice. $TSLA (+3,78%)
$PEP (-0,56%)
$KO (-1,01%)
$AMZN (+1,21%)
$MSFT (+1,55%)
$AAPL (+1%)
$NVDA (+4,13%)
$DDOG (+2,05%)