Abstract: Explain the reasons of buying US stock Nvidia (NVDA), AMD (AMD) and TSMC (TSM) and selling Amazon (AMZN) and share my views.
Transaction detail
What I want to share with you today is the transaction I made on February 24. The details are as follows:
Bought stock
- NVIDIA Corporation (US stock code: NVDA)
- Quantity: 3 shares
- Bought price: US$209
- Commission fee: US$0.34
Image source: https://seekingalpha.com/symbol/NVDA/chart
Bought stock
- Advanced Micro Devices Inc (US stock code: AMD)
- Quantity: 7 shares
- Bought price: US$103
- Commission fee: US$0.34
Image source: https://seekingalpha.com/symbol/AMD/chart
Bought stock
- Taiwan Semiconductor Manufacturing Company Limited (US stock code: TSM)
- Quantity: 7 shares
- Bought price: US$106.9
- Commission fee: US$0.35
Image source: https://seekingalpha.com/symbol/TSM/chart
Sold stock
- Amazon.com Inc (US stock code: AMZN)
- Quantity: Sold all
- Sold price: US$3008
- Commission fee: US$0.38
Image source: https://seekingalpha.com/symbol/AMZN/chart
Reasons for selling Amazon
As planned, the remaining small amount of Amazon’s stock was liquidated when it rebounds in late trading period yesterday, so as to release the position to retain purchasing power. I believe that the market should not have bottomed out yet, and I will continue to wait for opportunities to take advantage of the low price to buy lows at the stocks that I am more confident and believe that the current price is more valuable.
Reasons for buying Xiaomi, Netflix, Meta, Tesla and Paypal
Seeing that it still fell sharply before the market opened, I set lower buying prices in advance before the opening of the market and successfully bought Nvidia and AMD. These two stocks were not bought in the previous two days when I bought other stocks. I think it’s an opportunity to buy them and it has been rising since the opening of the market so I feel really lucky. And TSMC still fell sharply after the market opened and I bought TSMC at the market price during the trading session. I guessed that the reason for TSMC’s decline should be the geopolitical risk that the market was relating TSMC to the Russian-Ukrainian war, but I don’t think the risk is great, so I decided to increase holdings at a low price.
Comments and sharing
If you have any questions, please feel free to leave a message or comment below, I will reply you. Or if you find anything incorrect in the article, please let me know and learn from you. If you find it interesting or it may help you in any sense, please share with other people.
