What are your winners & losers today?

[fenders53]

Continuing to clean up my port while the bull is running. Sold most of my tobacco while I have a very nice profit. I think I can find a better option with far less drama fairly soon. Never had so much cash to spend which isn't actually where I would like to be right now. I'll probably sell some puts considerably out of the money today as I can adjust from there.

[fenders53]

Guess I'll do the weekly update. I thought there was a chance for a new ATH today. Not quite, missed by about .3% It was a good week though. Anybody with a portfolio that is diversified at all should be up for the week.

[ken-do-nim]

(10-15-2021, 07:08 PM)fenders53 Wrote: Guess I'll do the weekly update.  I thought there was a chance for a new ATH today.  Not quite, missed by about .3%  It was a good week though.  Anybody with a portfolio that is diversified at all should be up for the week.

Yeah, my taxable account is only $3.5k from the all-time high, which is interesting because back when I was at my ath at the end of August, SOXL was in the high 40s and TECL was in the high 60s, and both still have a ways to go to return to those figures.  But my financial equities, led by FAS, are carrying the team.  Plus DFEN recovered.

Over in the ROTH, I have a lot in Moderna, so it's down about $9k from its all-time high.  Hopefully it will get FDA certified soon and get a bump from that.

[fenders53]

(10-16-2021, 01:55 PM)ken-do-nim Wrote:

(10-15-2021, 07:08 PM)fenders53 Wrote: Guess I'll do the weekly update.  I thought there was a chance for a new ATH today.  Not quite, missed by about .3%  It was a good week though.  Anybody with a portfolio that is diversified at all should be up for the week.

Yeah, my taxable account is only $3.5k from the all-time high, which is interesting because back when I was at my ath at the end of August, SOXL was in the high 40s and TECL was in the high 60s, and both still have a ways to go to return to those figures.  But my financial equities, led by FAS, are carrying the team.  Plus DFEN recovered.

Over in the ROTH, I have a lot in Moderna, so it's down about $9k from its all-time high.  Hopefully it will get FDA certified soon and get a bump from that.

It's certainly hard to have an up 50% year if you are diversified, but it still makes sense to me over time.  IMO you don't need to be in all 11 sectors, but you need a decent position in some that usually have a negative correlation.  It's easier to keep your cool if your port isn't getting absolutely devastated.  I like to tin I stay cool under fire but when you get destroyed it's hard to be 100 clear headed with your decisions. It's just human nature.

I follow some youtube channels for entertainment.  30ish aged guys that were wildly successful with SPACs and TSLA last year.  They are making a fortune on youtube selling services and clicks.  I knew it was coming.  Their fans were following the momentum like sheep and now they are down way over 50% while the content providers bought multiple TSLAs and million dollar houses.  Many of those stocks are not coming back ever.  It was hard to watch when I knew all they had to do was put half their money into "pick a major pharma-tech or anything solid".  We can think we have next year figured out but who knows if we are honest?  With diversification you can pick up the pieces if/when it goes horribly wrong.  Head over to Reddit and there are fools putting 100% of their money into just a couple stocks, or worse yet buying out of the money options that expire in a week.  If you lose 90% of your account on a 5% index correction you are doing this wrong.

I am not setting the world on fire lately.  My UTEs were heading for zero a week ago and my biggest gainers this week.  Nothing really changed.  It doesn't make much sense in the short term.

[ken-do-nim]

Yeah, my iniitlal Moderna purchase was solid - should have been done months to a year earlier - but the follow-on purchases were FOMO. At this time, I shouldn't be putting more than 12k into any one stock. ETFs I'm more comfortable putting more into.

After I hit my target shares next year of BroadCom, Oracle, Cisco, and others, I will turn more to diversification. Cigna, for instance, which Divmenow pointed out as a good one, would become my first insurance company, and I should buy it anyway according to my "buy what you know" strategy since it's the one my company has. I only have one food/restaurant stock in Starbucks; I should find another. But that's a conversation for about a year from now.

[fenders53]

I know you like to have a plan but I would take the gifts the market gives as you accumulate.  The sector rotations give us opportunities even when the indexes don't correct meaningfully.  Even if it's just five shares buy some dips.  Buying the rips looks better briefly but if you aren't selling it's not that important to be up next week.

[ken-do-nim]

Finally back to all-time-high, at least in the Taxable account. The ROTH still has a ways to go, given Moderna's drop.

[fenders53]

You beat me by a day back to ATH. But I did it the hard way with way too much cash.

UTEs are saving me because of interest rates. Same rates that made them crash and run a couple times already this year. I want to work for CNBC so I can get paid to make stuff up.

[ken-do-nim]

The ROTH's drop perfectly counteracted the Taxable's rise, but today folks, I'm here to praise, once again...

OXLC. At this point, my year to date gain of 11.34% now outweighs its 10.49% yield, and today it passed TGT in overall value in my portfolio (admittedly with a slightly higher cost basis). Yes, I know perfectly well its history dictates that it is a yield trap and will eventually have to cut its dividend, but for 2021 it's been amazing.

Also in today's news, FAS passed TQQQ in price per share, and it has been my best triple leveraged fund of 2021.

Let's see, on the downside, HAS and STX remain my only two significantly negative stocks in the taxable account. Over in the ROTH, the only stock that had a good day was ISRG, as elective surgeries are starting to pick up.

[ken-do-nim]

Down day, but at least STX soared up and went positive for me.

[fenders53]

Decent week. Hovering around my port ATH. It doesn't matter day to day but it's fun to watch ad post weekly. A lot of big earnings come in the next two weeks. As always no idea what the overall market will do, but I am certain individual stocks will be volatile. I don't have enough tech yet but I've made progress. I try hard to never FOMO in but there should be some deals on quality stocks here and there. Last hurdle other than politics until year end. I think we end a couple % higher from here by end of year.

[ken-do-nim]

Tesla! And only days after I made it a full position.

Only Hasbro had a bad day, and even that was minor. I love my port.