What I Am Buying Today.

[rayray]

Happy Thanksgiving!!

[fenders53]

(11-24-2021, 06:34 PM)NilesMike Wrote: Not buying it (yet) but a friend brought this ticker to my attention. SBLK, Star Bulk Carriers. Has anyone done any homework on it?

I've done some SBLK homework now and like what I see for a speculative swing with less than normal risk for now.  I'll bump an appropriate thread and we can chat it up.

[bankerboy]

Seems the new Covid variant might create some buying opportunities going forward.


Sent from my iPhone using Tapatalk

[fenders53]

(11-26-2021, 08:35 AM)bankerboy Wrote: Seems the new Covid variant might create some buying opportunities going forward.


Sent from my iPhone using Tapatalk

When do we get our next stimulus check? 

I'll start nibbling today.  It seems our year end rally may have been last month.  This will put the market back in to guessing what the FED will do next mode for awhile.  Debt ceiling drama next week.  There will likely be some buying OPs for those with cash.

[stockguru]

Added 5 oil names today.

[fenders53]

I leaned into oil as well but sold puts like usual. VIXX is up so I can stay well out of the money and endure another $5 spot oil price beat down. CVX-XOM-EOG-XLE. Sold a BWA put as well and bought back most of the covered calls I sold earlier in the week. I'll probably nibble a few shares of index ETFs. My port is surviving just fine but my Russell 2K is getting a serious beating the past few weeks. (for an index anyway 10%+) Probably gave up half my 2021 gains in that index.

[vbin]

Bought back into oxy. Bought GPS following stockguru on this.

[fenders53]

Retail should be active next week as we find out the early Christmas shopping stats.

[vbin]

Not worried about it next weekz I think the drop was too much. Supply chain issues everywhere. Did anyone noticed the sale discounts are way less this year. Earnings might reflect it.

[fenders53]

(11-26-2021, 12:12 PM)vbin Wrote: Not worried about it next weekz I think the drop was too much. Supply chain issues everywhere. Did anyone noticed the sale discounts are way less this year. Earnings might reflect it.

Today's drop was nothing other than oil, but worst drop for the year in the DOW on Black Friday.  Other indexes not doing much better.  I don't remember that happening ever.  Market always has a curveball for us.  We'll hope for a bounce next week when the Pros traders return.  We'll have to wait for a catalyst.

[vbin]

(11-26-2021, 12:19 PM)fenders53 Wrote:

(11-26-2021, 12:12 PM)vbin Wrote: Not worried about it next weekz I think the drop was too much. Supply chain issues everywhere. Did anyone noticed the sale discounts are way less this year. Earnings might reflect it.

Today's drop was nothing other than oil, but worst drop for the year in the DOW on Black Friday.  Other indexes not doing much better.  I don't remember that happening ever.  Market always has a curveball for us.  We'll hope for a bounce next week when the Pros traders return.  We'll have to wait for a catalyst.

I doubt that. I think it's a combination of this plus new covid varient. opec nations are meeting on December 2nd so they might increase the production to calm down everyone. My bet, if they increase they will do it in small number(symbolically) so that politicians can go back and say hey we did it. More oil crunch is coming.

[vbin]

Bought googl