What Did You Buy Today?

[kblake]

added some MO, VIAC, ITW, and AFL

Mo looks to be breaking out. $50 on the horizon. Did anyone buy this above $55? I also wanted to get in before the ex-dividend

[divmenow]

(06-09-2020, 02:10 PM)kblake Wrote: added some MO, VIAC, ITW, and AFL

Mo looks to be breaking out. $50 on the horizon. Did anyone buy this above $55? I also wanted to get in before the ex-dividend

Good companies I would have waited a few days. RSI are still showing overbought.  Howver JNJ is at a 46 RSI which is right where you can normally buy it and feel confortable.

I will most likely add JNJ today since its one of the lowest RSI right now 

[fenders53]

(06-09-2020, 02:33 PM)divmenow Wrote:

(06-09-2020, 02:10 PM)kblake Wrote: added some MO, VIAC, ITW, and AFL

Mo looks to be breaking out. $50 on the horizon. Did anyone buy this above $55? I also wanted to get in before the ex-dividend

Good companies I would have waited a few days. RSI are still showing overbought.  Howver JNJ is at a 46 RSI which is right where you can normally buy it and feel confortable.

I will most likely add JNJ today since its one of the lowest RSI right now 

I think I am going to add JNJ in moderation.  This quarter is a likely going to stink.  I suspect it will only matter if the stock happens to have run up by then.  MDT guidance makes me believe that.  They should know if medical device sales are down due to lack of elective procedures.  I realize this is anecdotal, but yesterday I took my wife in a for a scan to a clinic I remember as always very busy.  Here is what it was like at 1PM in a state that isn't locked down.....

Parking lot 80% empty.  Call and office assistant brings paperwork to your car in the parking lot.  There is no waiting room jammed with patients now.  Fill out forms and wait until they call you, then straight to the diagnostic area.  Place was a ghost town and they are laying nurses off.

Not saying you can't buy now, but I see no need to chase if you're late.  There is a reason why they are a little flat right now.  Of course the market generally shows no inclination to be reasonable now as troubled industries go MOMO.

[divmenow]

added more VIAC this morning.

Anyone own TCO. Wow SPG terminated merger.

[kblake]

(06-10-2020, 08:52 AM)divmenow Wrote: added more VIAC this morning.

Anyone own TCO. Wow SPG terminated merger.

I don't own but just bought TCO at $29. I will play the bounce.

Added some JNJ, MO and SQ

[fenders53]

(06-10-2020, 08:52 AM)divmenow Wrote: added more VIAC this morning.

Anyone own TCO. Wow SPG terminated merger.

That was surprising.  Court brawl sure to follow.  May just be a negotiating tactic in the end?

[ChadR]

Added to GD, WFC, MO, and VIAC.

[Dividendwayfarer]

Added to WFC and BMY

[fenders53]

Looks like some volatility may return, if only for a moment.

[divmenow]

(06-11-2020, 07:20 AM)fenders53 Wrote: Looks like some volatility may return, if only for a moment.  

We got our buying opportunity today down 800 lol ?

[fenders53]

(06-11-2020, 07:32 AM)divmenow Wrote:

(06-11-2020, 07:20 AM)fenders53 Wrote: Looks like some volatility may return, if only for a moment.  

We got our buying opportunity today down 800 lol ?

I have a ton of cash.  Not going crazy but I gotta put some of it at risk now.  I have been entering dreamer limit orders for an hour.  I'll sort through them and at the very least sell a bunch of puts.  I'll pretend that option cash is free money so I can waste it buying shares I know are still at least somewhat overpriced.  I'll keep some powder dry though.  I expect a real dip sometime this summer.  I've been waiting at least a month for that so who knows?

[fenders53]

Busy morning. A few of the fantasy orders dropped at the open.

Sold puts in ADM AEP ENB KO QQQ T WY IP

Picked up just a few shares in my high income/preferred funds ARCC JPS

Closed my WEN short. Bailed on my too long held SPY put hedges (loss)

Probably pick up a few shares here and there with the rest of the put premium cash.