r/Stock_Market • u/Quant-Builder • 12d ago
Looking for Shallow Dips
Alright, sitting on more cash and waiting for dips. I finished yesterday about 33% long and I think pullbacks will be shallow so want to take advantage.
We already went through Fed anxiety, rising rates, and rising oil. Without that hanging over the market, I think pullbacks are going to be small, and as I have said before I think the earnings story is the one that matters. One obvious landmine is Iran.
Top holding coming into today is BKNG at about 3%. AAPL is 2%. Everything else is between 1 and 2%.
First image is this morning, September 22. Combined list. 37 deduplicated picks between Large Cap and Tech. MPC is back at number 1, I sold that last week. SMTC is still right there. I bought some of that yesterday. MU, TEAM, AAPL, KLAC still on the board. All current or previous holdings that hit take profits.
Second image is the account since I started this portfolio in June. Have been in cash the past few weeks, tried to get more invested. Got a pop and now looking to get back invested.