From Nasdaq: 2024-04-27 08:10:00

On April 19, tech stocks experienced a significant sell-off, with Nvidia falling 10% in one session. The “Magnificent Seven” stocks, including Microsoft, Apple, Amazon, and others, also took a hit, leading the Nasdaq Composite to drop 5.5% in a week. Investors can brace for market volatility by checking their exposure, revisiting investment theses, and regularly contributing to their portfolios. Understanding the potential impact of market fluctuations on their holdings can help investors make informed decisions to navigate a sell-off. It’s crucial to have a well-defined investment thesis for each stock to maintain focus on long-term goals amidst market turbulence. Investors with a higher risk tolerance may consider owning individual tech stocks like Nvidia, while those seeking diversification can opt for growth-focused ETFs that include these stocks. Regularly contributing new savings to a portfolio can provide the opportunity to capitalize on buying opportunities during a market downturn without having to sell existing positions at a loss. Ultimately, the path forward during a market sell-off will depend on individual circumstances, portfolio needs, and long-term financial goals. It’s essential for investors to stay informed, assess their exposure to specific themes or sectors, and make adjustments to their portfolios as needed to navigate uncertain market conditions successfully.



Read more at Nasdaq: The “Magnificent Seven” Day of Reckoning Has Arrived: Three Moves to Make Now