What I Am Buying Today.

[Scooterd]

(12-14-2021, 11:12 AM)fenders53 Wrote:

(12-14-2021, 11:05 AM)divmenow Wrote: Bought BBY, DKS, WSM and GPN

Trimmed FB, MKC, and some UTES

Probably a wise move on the UTEs.  They should not be up in the face of these inflation number that are flat scary.  Solar is getting murdered for weeks now.  I am going to start wading in deeper today.  I believe in them for the mid term and only buy profitable ones so it's as good a place as any for my non conservative port allotment.

For those interested - Historically Utes perform best during Late and recessionary phases of the full Business Economic cycle. see attachment.

excerpt -

From an under-performance perspective, the materials and utilities sectors have lagged by the greatest magnitude. Due to the lack of clear sector leadership, the mid-cycle phase (which the market is experiencing now) is a market environment in which investors may want to consider keeping their sector bets to a minimum while employing other approaches to generate additional active opportunities.

- Scoot

"The stock market is but a mirror which provides an image of the underlying or fundamental economic situation. Cause and effect run from the economy to the stock market, never the reverse". — John Kenneth Galbraith