What Did You Buy Today?

[divmenow]

With tech and other industries slowing down utilities will be one the few bright spots to hide in. AAPL is down big AH so they will bring the entire market down. I'm looking for another 5-7% correction from here in the market. Just too much uncertainty with election, tariffs, lower oil ect. Just look at all the 52 week lows in the past week. There was a pattern. This is why I think utilities will be hitting new highs soon. You may get a slight pullback here before a big run-up. Everyone will be going to safety. I wouldn't short utilities. To me that's dangerous. IF D gets under $69 I will add more. The fed cant continue to raise interest rates or we will be headed into a recession. Sure the economy looks good on paper right but something tells me we are headed for trouble in 2019. There's still a lot of people without jobs and many companies still don't offer 401k's.

I actually reshuffled my portfolio a month ago. I like stocks such as VZ, PFE, D, CVS, GIS, AMGN, HRL, KMB, MCD and MO over high flyers and high beta. I wont mention names.