Harpinder Kang @HarpinderKang: "𝙀𝙣𝙙 𝙊𝙛 𝙏𝙝𝙚 𝙈𝙤𝙣𝙩𝙝 𝙖𝙣𝙙..."

United Kingdom

𝙀𝙣𝙙 𝙊𝙛 𝙏𝙝𝙚 𝙈𝙤𝙣𝙩𝙝 𝙖𝙣𝙙 𝙋𝙤𝙧𝙩𝙛𝙤𝙡𝙞𝙤 𝙐𝙥𝙙𝙖𝙩𝙚: This month, my portfolio ended nearly +2%, outperforming the Nasdaq and S&P, which declined -2.76% and -1.42%, respectively. I believe we're entering a period of heightened volatility, with significant moves in both directions, an environment that works well for my trading strategy. 𝙋𝙤𝙧𝙩𝙛𝙤𝙡𝙞𝙤 𝙐𝙥𝙙𝙖𝙩𝙚: Despite $AMD (Advanced Micro Devices Inc) notably weak performance, one of my largest holdings, the rest of my portfolio kept me in the green. Over the years, I’ve traded AMD extensively, and these kinds of price swings are fairly typical. Historically, buying the dip has worked well as market trends tend to shift when company fundamentals catch up. While there could be some additional downside, I see it as an opportunity to add to my position. I’m also gradually increasing my stake in $ASML (ASML Holding NV) which I view as one of the most critical companies in semiconductor manufacturing. ASML holds a unique monopoly, with a substantial backlog of orders and steady service revenue. At current price levels, I see a compelling risk reward opportunity. If anyone wants to see my research on the company, please feel free to ask in comments. Regarding the broader market, I believe there is still downside risk. Investor sentiment remains highly risk-on, particularly among retail traders, which isn’t ideal. Additionally, record levels of insider selling and hedge funds reducing their stock holdings signal caution ahead. I expect this to bring increased volatility, something I plan to take advantage of through active trading. I committed to refocusing my trading strategy on market trends and setups that align with those trends. February has been a strong example of executing this strategy, and I intend to maintain that approach moving forward. While I will continue to hold some concentrated positions, many of my short-term trades will be momentum-driven. If you have any questions, please feel free to ask below. Thanks for reading.

2 Mentioned

AMD

Advanced Micro Devices Inc

ASML

ASML Holding NV

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