11-07-2019, 10:20 AM
(11-07-2019, 09:55 AM)divmenow Wrote: UPS is on fire. How much further can it go? I got in at $97. Happy for now lol
I was thinking the same thing on UPS and other stocks that have had a big run-uo of late. I got into UPS just under $112 a few weeks back. This stock had been dead for years but if you can play the swing trades you can do well with the name. I'm probably going to sell that today and other names that are just getting way too over valued now and keep about 25-30%% in cash.
I see the presidential election playing a big roll in the market soon and see a 15% correction coming. I want some cash on hand for when that happens. If Elizabeth Warren wins were all in big trouble. I also like to add some defensive names to my portfolio.