No qualifying author-owned investment thesis was confirmed in this post.
The author is asking a question and explicitly states they are not an expert, failing to provide a fundamental investment thesis or catalyst beyond price decline.
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Specifically, SPY is at same level as October 29. But the following stocks have taken big hits in that time period:
msft down 28% in 4 months
netflix 42% in 8 months
amazon 30 in 4 months
crowdstrike down 37% in 4 months
So my tendency is to want to buy the dip on these solid or very solid stock instead of buying SPY.
Does anyone else feel the same way? Would appreciate constructive feedback as I am not an expert.
Thank you all