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Cory Diary : US Market Update – Capital Preservation
By CoryLogics  •  November 24, 2021
The Market seems shaky recently. What I notice is that PLTR results was fantastic but sold down like -30%. Another stock is SE which is around -22% at time of typing from ATH. The recently listed RIVN hits high of 172 and now trading around -29% within 2 weeks. All of them are not profitable in term of EPS. Unfortunately I am stuck in PLTR. Ouch. From the Chart of MSFT, there is a recent steeper climb which is quite obvious in 1 year time frame since End of Sept'21.  Keep having this in mind on potential pull back though time frame is hard to determine. The climb of the stock has been slow appreciation, so my take is the portfolio will not lose much if it keeps climbing at that pace short term. Meta Platforms PE is not expensive. However Metaverse is a few years project....
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By CoryLogics
I am not an investment adviser. Nothing herein my blog constitutes investment advice. Is my personal believes that not everyone has to go through the hard way. This blog also serve a purpose to help me record my understanding and personal learning growth. I sincerely welcome all comments.
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