What Did You Buy Today?

[Otter]

(04-23-2020, 02:02 PM)fenders53 Wrote:

(04-23-2020, 01:55 PM)divmenow Wrote: I’m still finding bargains

Got in PSA today. There seems to be good support around 195. There balance sheet is prestine...one of the best i've found to be honest. I'm concerned about the double top pattern it has formed on the 5 year chart, but it's down considerably from the highs.

There are definitely some bargains.  There are also a bunch of companies staying very quiet.  There will be a few bombs dropped from good companies the next few weeks as earnings progress.  I am definitely keeping some of my powder dry.  

If I've done any over-reacting it would be industrials.  I have trimmed a lot of them to almost nothing waiting for somebody to wreck the mood.  I know who I suspect will have bad news but we'll see what happens.

Industrials have been one of my main buy areas. The sector as a whole is trading at 2016 pricing. 

Have picked up AOS, CMI, EMR, GD, HON, MMM, and UPS the past few days.