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10-13-2021, 12:25 PM
(This post was last modified: 10-13-2021, 12:25 PM by divmenow.)
Yesterday added JNJ, ROK and TROW
Today added to V, MTB and CI
New positions in CRSP (10 year long term hold) I believe in the data and future . We shall see lol
Sold HII and trimmed MCD
BTW Haven't looked in a while but the entire cannabis companies have been crushed the last few months.
CAT and VZ on my watch list
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(10-13-2021, 12:25 PM)divmenow Wrote: Yesterday added JNJ, ROK and TROW
Today added to V, MTB and CI
New positions in CRSP (10 year long term hold) I believe in the data and future . We shall see lol
Sold HII and trimmed MCD
BTW Haven't looked in a while but the entire cannabis companies have been crushed the last few months.
CAT and VZ on my watch list
Nice buys.
CAT is interesting. It moved in anticipation of the bill. Its come back down a lot since then.
I did add some QCOM, HAS and TGT
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10-13-2021, 02:40 PM
(This post was last modified: 10-13-2021, 03:14 PM by fenders53.)
(10-13-2021, 02:18 PM)Mr1share Wrote: (10-13-2021, 12:25 PM)divmenow Wrote: Yesterday added JNJ, ROK and TROW
Today added to V, MTB and CI
New positions in CRSP (10 year long term hold) I believe in the data and future . We shall see lol
Sold HII and trimmed MCD
BTW Haven't looked in a while but the entire cannabis companies have been crushed the last few months.
CAT and VZ on my watch list
Nice buys.
CAT is interesting. It moved in anticipation of the bill. Its come back down a lot since then.
I did add some QCOM, HAS and TGT
CAT is a swing trade here. I suspect that is what Divemenow would do if he bought it. I like the company, and have a number of friends that work there. They say things are pretty good but it is DEEPLY cyclical. OK for an add to a long term port but I see no margin of safety. It ran way too high in a hurry. It's about as expensive as CAT ever gets. The infrastructure package is spread out over a lot of years if/when it passes. Commodities staying high may be more important as mining customers are big biz. In case I sound like Mister know-it-all I bought it at about 125 and had it all dumped by 165 so I am not so smart. I did something similar with TGT. I am really hoping for HAS to pullback so I can add. From everything I read their supply chain is strong. Christmas is important and they may run out of certain popular toys but they will be OK enough.
Selling a few index options again today as the old ones expire.
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10-13-2021, 05:58 PM
(This post was last modified: 10-13-2021, 05:59 PM by divmenow.)
(10-13-2021, 02:40 PM)fenders53 Wrote: (10-13-2021, 02:18 PM)Mr1share Wrote: (10-13-2021, 12:25 PM)divmenow Wrote: Yesterday added JNJ, ROK and TROW
Today added to V, MTB and CI
New positions in CRSP (10 year long term hold) I believe in the data and future . We shall see lol
Sold HII and trimmed MCD
BTW Haven't looked in a while but the entire cannabis companies have been crushed the last few months.
CAT and VZ on my watch list
Nice buys.
CAT is interesting. It moved in anticipation of the bill. Its come back down a lot since then.
I did add some QCOM, HAS and TGT
CAT is a swing trade here. I suspect that is what Divemenow would do if he bought it. I like the company, and have a number of friends that work there. They say things are pretty good but it is DEEPLY cyclical. OK for an add to a long term port but I see no margin of safety. It ran way too high in a hurry. It's about as expensive as CAT ever gets. The infrastructure package is spread out over a lot of years if/when it passes. Commodities staying high may be more important as mining customers are big biz. In case I sound like Mister know-it-all I bought it at about 125 and had it all dumped by 165 so I am not so smart. I did something similar with TGT. I am really hoping for HAS to pullback so I can add. From everything I read their supply chain is strong. Christmas is important and they may run out of certain popular toys but they will be OK enough.
Selling a few index options again today as the old ones expire.
Swing trade yes. I don't consider CAT a long term hold at these levels. I bought most of mine in the $75-$85 level . But in my trading account at the right price I can see making a 10-20 point pop.
Historically CAT has traded in a range of 132 to as low as 13 since 2017. But its growth is a heck of a lot better then it was a few years back when it traded lower. Were at a PE of 23 and trailing 21 now which isn't as expensive as you think. Its growing at a clip of 52% which of course may not be duplicated. The high PE this year was 42.69. To me it does represent value at current levels 
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(10-13-2021, 05:58 PM)divmenow Wrote: (10-13-2021, 02:40 PM)fenders53 Wrote: (10-13-2021, 02:18 PM)Mr1share Wrote: (10-13-2021, 12:25 PM)divmenow Wrote: Yesterday added JNJ, ROK and TROW
Today added to V, MTB and CI
New positions in CRSP (10 year long term hold) I believe in the data and future . We shall see lol
Sold HII and trimmed MCD
BTW Haven't looked in a while but the entire cannabis companies have been crushed the last few months.
CAT and VZ on my watch list
Nice buys.
CAT is interesting. It moved in anticipation of the bill. Its come back down a lot since then.
I did add some QCOM, HAS and TGT
CAT is a swing trade here. I suspect that is what Divemenow would do if he bought it. I like the company, and have a number of friends that work there. They say things are pretty good but it is DEEPLY cyclical. OK for an add to a long term port but I see no margin of safety. It ran way too high in a hurry. It's about as expensive as CAT ever gets. The infrastructure package is spread out over a lot of years if/when it passes. Commodities staying high may be more important as mining customers are big biz. In case I sound like Mister know-it-all I bought it at about 125 and had it all dumped by 165 so I am not so smart. I did something similar with TGT. I am really hoping for HAS to pullback so I can add. From everything I read their supply chain is strong. Christmas is important and they may run out of certain popular toys but they will be OK enough.
Selling a few index options again today as the old ones expire.
Swing trade yes. I don't consider CAT a long term hold at these levels. I bought most of mine in the $75-$85 level . But in my trading account at the right price I can see making a 10-20 point pop.
Historically CAT has traded in a range of 132 to as low as 13 since 2017. But its growth is a heck of a lot better then it was a few years back when it traded lower. Were at a PE of 23 and trailing 21 now which isn't as expensive as you think. Its growing at a clip of 52% which of course may not be duplicated. The high PE this year was 42.69. To me it does represent value at current levels
CAT is a great company, and then their earnings will be cut in half and we wait. I think a couple years of good are coming. I'll let you know after I scan the 2000 page bill that isn't written in specifics yet. Deere was really no different until the stars aligned. You gotta buy some of your shares really cheap for a longterm hold.
crimsonghost747
Unregistered
From what I can remember CAT also has a pretty big exposure to construction in China? That could explain it getting dragged down due to all the worry around Chinese real estate. It's not in the news anymore, but Evergrande is apparently still going belly-up, several smaller developers have already declared bankruptcy. (I have no idea if this is common or not, this could very well be normal and not a sign of things about to turn sour)
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10-14-2021, 02:19 AM
(This post was last modified: 10-14-2021, 06:17 AM by fenders53.)
CAT is very diverse but construction is about 35-40% of their game. Mining maybe 20%. If China and US infrastructure is booming they will flourish. 2022 REVS estimated are supposed to be the same as 2019 so shares much higher than here is debatable. Valuation anyway. The stock could blow past 250 again of course. Some day it will probably be sub 150 again and look better for a hold. I need a yield to hold it through 5 years of flat. A DE strike would be a catalyst but I think that would be brief. EDIT: DE did strike for the first time since 86.
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Lightened up today in my trade account on a lot of names and with proceeds added to CI in my retirement account. CI Quickly becoming a top 5 holding lol
Sold out of nearly all my oil today. I was never in into it expecting big gains so fast after getting in 12 months ago. I took my gains and wont be coming back to oil gets back to $60 lol
CTAS just continues to hit new highs 
BAC nice day as well and new high
Got some cash to spend but will hold onto to it until things come back down from the nosebleed section today lol
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(10-14-2021, 03:25 PM)divmenow Wrote: Lightened up today in my trade account on a lot of names and with proceeds added to CI in my retirement account. CI Quickly becoming a top 5 holding lol
Sold out of nearly all my oil today. I was never in into it expecting big gains so fast after getting in 12 months ago. I took my gains and wont be coming back to oil gets back to $60 lol
CTAS just continues to hit new highs
BAC nice day as well and new high
Got some cash to spend but will hold onto to it until things come back down from the nosebleed section today lol
CI is great stock and undervalued right now.
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Added FB, TSM, BMY and JNJ
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Sold some puts in oxy and bought calls.
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Still reducing the number of tickers in my port before I retire. Trying to stay with high conviction plays and the rest in index ETFs. Sold most of my tobacco today while I still had a good profit. Dumped some of my small positions. Getting close to where I want to be and my yield traps are all gone now. I can always add more tickers if that happens in the course of selling puts. More cash then I have ever had but I am sitting on a nice lead for 2021 and I'll find a home for it soon enough.
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