What Did You Buy Today?

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(04-15-2021, 10:31 AM)stockguru Wrote:

(04-13-2021, 11:50 AM)ken-do-nim Wrote:

(02-25-2021, 10:25 AM)fenders53 Wrote:

(02-25-2021, 10:00 AM)divmenow Wrote: Bought some LDOS. Between the earnings miss and short report I haven’t seen it this low in a while. So I said why not lol. You in on this one too Fenders ?

I haven't researched it.  Hadn't heard of it until you and Otter were discussing it last week.  I am trying to not add too many more new names.  We'll see how long that lasts. 

What I need is for tech to get hammered for real again, but this market is resilient.

Very small trades this morning.  Added a few shares to DG-ARKF  Sold a few SLV puts.

(04-13-2021, 11:45 AM)divmenow Wrote:

(04-13-2021, 11:33 AM)ken-do-nim Wrote: In a gambling mood today.  Sold off Verizon, bought MARA (Marathon Digital Holdings).

Wow that's a real gamble since the stock has run from .38 to $58 

Blockchain to me is something that may work short term, but I really worry about it long term and once the shorts get a hold of it. 

There's many companies in this space and is very competitive. The big guys like PYPL, V, MA ect will crush these little guys. Good luck. This sector to me is just too complicated to understand for me lol 

I would rather take my chances and buy BABA 

I'm going to treat it like a triple leveraged and sell if it goes below the drawdown price, which is currently $39 by my charting algorithm.

Did you get stopped out? That $39 happened quickly 

I sold some names today. Now at 40% stocks and 60% cash. Like others have said. This is not the time to be greedy. Cash will soon be king. This time that saying will be right lol

I wont get into reasons why but this market is due for a big correction. That minimum wage raising is going to have a big affect on business and the economy at some point. And Biden will fail at some point. And no I'm not going to get into a political battle   I will just say we are in for some pain. And I will wait it out and be patient going forward. Almost every S@P stock is way ahead of itself.  Be patient and there will be better buys in the future.

Agree on the s&p stock valuation. Out of 200 I looked at may be 8 worth investigating. But it can keep going for how long no one knows.