03-17-2020, 01:31 PM
(03-17-2020, 12:55 PM)fenders53 Wrote:(03-17-2020, 12:36 PM)divmenow Wrote:I'd take that too. Do you actually invest DGI or just trade? That's an amazing return no matter what. I am beating the market with option income, but nowhere near even for calendar 2020. I'll always keep core UTEs, but they are too expensive to pretend they are a safe haven now. They proved they aren't last week as I expected.(03-17-2020, 12:12 PM)fenders53 Wrote:(03-17-2020, 11:35 AM)divmenow Wrote:It will be at 8 before we eat breakfast tomorrow.(03-17-2020, 11:29 AM)ChadR Wrote: Initial position into WEN. Getting in at $11.34 was just too good to pass up.
Nice buy. I got in at $10.14. Only bought 50 shares because I didn't know if would go lower lol
Not worth listing tickers but I trimmed some shares from five or so positions I bought lately. Up 10% in a day and the market trust is gone lol. I am nibbling more restaurants today if the market doesn't fly high this afternoon. Otherwise on the first market dip in 3-2-1 lol Restaurants are way past rational if they lose money for two quarters.
I sold all the utilities i bought the last few days. Made 15% or more on each. Take it while I have a nice profit. I'm only down .08 percent for the year now. I will take it
Which restaurants are you looking at?
Bought O, BIP and MO
Most or all of CBRL, MCD, DRI, WEN is where I likely land. I'm open to other suggestions. I need to update my research and check debt before I determine %. I'm willing to be patient. a 90 day or less partial BIZ interruption is not going to BK them. At the end of all this I have to spine up and pick a few sectors to overweight a bit.
I traded in and out a lot in the past few weeks and had big returns in the gold and utilities names I bought. Once the news on the corona virus hit and rates were at an all time low, I knew I had to make a change and get out of anything that would have been affected. That included restaurants, retail, rails, ect. I sold everything in certain sectors and decided to just invest in GOLD and Utilities until the air cleared. I did by some other names and got in and out with profits. I have my list made and am planning to get back into some of those name. Yes to only be down less then 1% is a miracle lol. With the proceeds I made I put the money in companies like MO, O, and NEM.
If I showed you my to buy list it would be 5 pages long
I like MCD and am closely watchinging it. I think the drive through will thrive and do well in times like this.