Dividend Growth Forum

Bought UNM sub 25.00

I'm topped off for now but will reload if another 10% leg down comes.

XOM below $51. How low will it go?

(02-26-2020, 04:31 PM)fenders53 Wrote: [ -> ]I had a busy close.  Added RTN MET DAL LHX TGT IP ADM MDT LMT CAT HON MMM V CBRL MRK

Don't be too impressed.  Half of these were 2 or 5 shares to bring a position up to a round number like 15 or 25 shares.I got in a lot of these way late and taking my time.

Only sizable purchases were RTN and HON which I intend to build to core positions.

You should have waited a day to buy 

I added some small stuff today. Bought a few V, GD and RTN

Didn't go on heavy. Pulled a Fenders. 5 shares and 10 shares lol

I don't like oil but I couldn't pass up PSX at $76

I'm looking for other bargains today... List is a mile long now lol

(02-27-2020, 10:10 AM)DividendGarden Wrote: [ -> ]XOM below $51.  How low will it go?

I've already got a pretty big pile of XOM, but am sorely tempted to take this opportunity to average down. Lower wouldn't surprise me, though, given how everyone is freaking out about the potential effects of the new virus.

(02-26-2020, 12:26 PM)fenders53 Wrote: [ -> ]

(02-26-2020, 12:19 PM)divmenow Wrote: [ -> ]

(02-26-2020, 12:03 PM)fenders53 Wrote: [ -> ]

(02-26-2020, 11:25 AM)divmenow Wrote: [ -> ]

(02-26-2020, 11:06 AM)fenders53 Wrote: [ -> ]I was wondering if you still owned it.  It's the same ol same ol debt story in the oil patch.  OXY has some toxic financing.  The Warren Buffet loan shark deal looks real bad right now.  I think they were counting on $60 oil.  I think we all were.  They are in trouble if we visit $45 oil and sit there.  The flu could cause just that.  I was reading an article the other day.  If OXY ever does run, Buffet can execute those warrants and just keep on selling to get that part his money back.  In addition to the loan interest that I think is at 8 1/2%.   

LOW looks good but I'd want it just a little cheaper.  HD (the company) is going to keep outperforming them, but the spread in share price is probably excessive.  HD is gonna choke on all that debt when the economy turns.  Whatever year that is lol.

Yeah I actually sold OXY twice for a profit and I didn't want to take a my chances a 3rd time lol.

Today really is not a good day to buy. I don't like buying unless the market is down big. I just don't see 400 green holding and we still have downside left. Even with the the market dropping 3% we still are no where near over sold. Like really APPL up $9. Why lol?

I'm waiting on the 3 day rule before I buy LOW. Hoping for $110

The stocks I'm waiting to dip further are the ones that will be affected by China like MMM, UPS and SBUX. Just wait until the virus comes to the US. You haven't even seen panic yet lol.  I know the utilities are very over valued but they may be the ones who continue too see new highs. Tech is vulnerable right now and I'm just not ready to dip my toes in that sand yet lol

Look at that XOM is red again 

Yeah I am sitting here just dying to buy.  I was tied up at work yesterday or I would have bought some industrials.  Who is that one guy that preaches "never do today what you wish you had done yesterday?"  Now I remember. that was me lol.  Keep an eye on me please and thank you.  I need to go find something constructive to do before I start forcing trades. 

And just so you know, oil jokes are in very poor taste here right now.    I feel sorry for those idiots that own XOM.  Luckily I own BP instead.  Oh wait, that didn't work much better lol.  You just gotta smile through this and try not to do the same dumbass stuff again. 

Yes, AAPL moves blow my mind.  Is yesterday's flu all better now?  It's just momo day traders and the algos.  I just hope the correction doesn't go much deeper.  Those clowns start getting forced to liquidate with margin calls and this gets worse for awhile.  Another down 1000 and I'd bet that starts happening.  I think we are safe for now.

Ha what did I tell You. That 400 point green is gone already. It happen like 5 min after I wrote lol. Looks like you can buy now.  Oh wait we may may close down 400-500 points now. To wait or not to wait. That is the question 

Updated my last post.  Buy targets.  And you need to post the correction thread.   You are good about keeping your cool too lol.

Wow called that one on AAPL. It's down $18 today. Holy Cow. Maybe I will buy 1 share now 

MA cant believe the beating that ones taking. I lost all my profits in that one now lol. But I will be looking to add in the coming days.

(02-27-2020, 10:38 AM)divmenow Wrote: [ -> ]MA cant believe the beating that ones taking.

Wow!  $347 down to $283, that's quite a drop.  Maybe 20% down in a week!

Credit card companies are overvalued, but I still love them long term. Valuation always matter. I accept no credit for that not so profound thought lol. It's a good week to be too cashy. My 2019 ride was muted. I'll get some it if back now. I continue to make mostly small purchases today HON-ADM-CAT-LHX-RTN-DAL-CBRL. I have purchased several of these more than once today. Thank God for free trades. I'm not likely done today but saving some powder for tomorrow. I expect more ugly so we'll probably be up 1000 tomorrow. I could live with that too.

True confession, NEE is far beyond irrational IMO and I finally sold it for a huge gain when it ran up. It's falling already. I intended to never trade it but this is too stupid when it ran up this AM. I parked the cash in MINT so I don't mess up and spend it on a falling knife. I will be there for a re-entry soon. I can't believe any Momo stock is surviving this beat down. If this lasts much longer they wlll be very rare.

Closed my s&p put for a sweet profit. One remaining. This might continue Japan extending their spring break due to crona fear and 1 Korean super carrier was in LA Korea Town before she went back and was detected positive. That's scary.

And the market is roaring back now. Time to buy XOM lol

$52 and change

Monday I bought some Ford (F) and Starbucks (SBUX)
Today I bought some Ford (F) and Microsoft (MSFT)

All transactions are relatively small (~500 of less)
F and MSFT are new positions.
I often mix higher dividend stocks (F) with lower dividend stocks (MSFT) purchases to keep my dividend income/rate up.