What Did You Buy Today?

[EricL]

(11-09-2020, 09:01 AM)divmenow Wrote:

(11-04-2020, 10:06 AM)EricL Wrote:

(10-30-2020, 02:56 PM)EricL Wrote: Sold out of my ULTA position and used the proceeds to initiate a position in ETSY.

Working out for me so far.

ETSY is up nearly 11% since Friday, while ULTA is up 6.4%.

ULTA may take the lead today Eric... Get ready to add more ETSY this morning 

Saw that. Crazy market...

[divmenow]

Added ETSY at $119.70 and TDOC at $178. I'm fine adding here.

HII up over $11 and PII

And I added a ton of puts lol

[stockguru]

Sold all my PFE at $44

And took profits in other names today. Will wait to the buyers dry up

Added to ETSY, TDOC, PINS, BABA and CLX

Its like everyone is going to stop shopping on-line today.

Short the airlines LOL

[kblake]

Wow very nice adds in ETSY and TDOC guys. I missed getting in.

I did add to PYPL, BABA, LOW and TMO

[fenders53]

Crazy day. Sold a lot of covered calls on boring stocks that have been running. I've been trimming and would love to go shopping but I'm not seeing any black Friday sales.

Stockguru, probably a good move on the PFE IMO. It's one of my larger positions and I have covered calls expiring most weeks for awhile now. My original thought was they will have too much competition in the end. 90% efficacy with 43,000 trial patients far exceeds what I thought they might achieve. It should pay the 2021 utility bill anyway.

[kblake]

(11-09-2020, 11:04 AM)fenders53 Wrote: Crazy day.  Sold a lot of covered calls on boring stocks that have been running.  I've been trimming and would love to go shopping but I'm not seeing any black Friday sales.

Stockguru, probably a good move on the PFE IMO.  It's one of my larger positions and I have covered calls expiring most weeks for awhile now.  My original thought was they will have too much competition in the end.  90% efficacy  with 43,000 trial patients far exceeds what I thought they might achieve.  It should pay the 2021 utility bill anyway.

Everything was a sell today but the tech stocks that were sold off way too much. I don't even think it was a rotation going on. Just shorts covering, and now shorting again. I trimmed  a lot of the defense stocks and other sectors than ran up today. I understand the market looks ahead, but you need binoculars now how far they need to see 

Those moves wont hold. You can bet on that lol

PFE vaccine wont even put a dent into earnings lol

[fenders53]

(11-09-2020, 11:10 AM)kblake Wrote:

(11-09-2020, 11:04 AM)fenders53 Wrote: Crazy day.  Sold a lot of covered calls on boring stocks that have been running.  I've been trimming and would love to go shopping but I'm not seeing any black Friday sales.

Stockguru, probably a good move on the PFE IMO.  It's one of my larger positions and I have covered calls expiring most weeks for awhile now.  My original thought was they will have too much competition in the end.  90% efficacy  with 43,000 trial patients far exceeds what I thought they might achieve.  It should pay the 2021 utility bill anyway.

Everything was a sell today but the tech stocks that were sold off way too much. I don't even think it was a rotation going on. Just shorts covering, and now shorting again. I trimmed  a lot of the defense stocks and other sectors than ran up today. I understand the market looks ahead, but you need binoculars now how far they need to see 

Those moves wont hold. You can bet on that lol

PFE vaccine wont even put a dent into earnings lol

It won't unless it is notably better than the other offerings which seems possible today.  The original 50% efficacy goal doesn't look so attractive now.  I don't think any of them will gouge the US in this political environment but there are a lot of people in the world.  I suspect other first world nations will have to pay up a little.  PFE price makes a helluva more sense than most of my port today.    This may be my best week ever.  It's sure up there and there is little justification for it.

This was further a rotation to industrials and even to value IMO They've been running very strong for awhile now. It won't last though as they are now overpriced vs economic reality. Soon enough the market will run back to the fun stocks with make believe earnings for years to come. They look cheap when they pull back 20%. They aren't but you gotta do what's working if you are going to trade rather than invest.

[Otter]

Joined the HII crowd and started a position there. Also went with buys of BEN, FLIC, and SPTN this morning.

[vbin]

Oil stocks are running like tech today. PLTR, this one is going to be a monster in a few years. Still very bulish. Got a MO put assigned Friday. Sold a few covered puts including MO.

[vbin]

(11-09-2020, 09:46 AM)divmenow Wrote: Added ETSY at $119.70 and TDOC at $178. I'm fine adding here.

HII up over $11 and PII

And I added a ton of puts lol

Everything on etsy is overpriced. I never understood how people pay these high priced goods. May be I am getting old and millennials don't care about preserving for future and wealth, rather enjoy now.

[Otter]

(11-09-2020, 12:37 PM)vbin Wrote: Oil stocks are running like tech today. PLTR, this one is going to be a monster in a few years. Still very bulish.  Got a MO put assigned Friday. Sold a few covered puts including MO.

Started a position in PLTR a little over a month ago at $10.10. This run-up has been crazy.

[fenders53]

(11-09-2020, 12:37 PM)vbin Wrote: Oil stocks are running like tech today. PLTR, this one is going to be a monster in a few years. Still very bulish.  Got a MO put assigned Friday. Sold a few covered puts including MO.

Oil is over-reacting, but hey, they broke the almost daily downtrend lately.  That's a very good thing for you.  Almost all of my put sells have been expiring way out of the money, except for JNJ and LLY.  They've spiked just enough to allow me to roll them every week or two.  That won't be as easy with VIX down and premiums too.

I see practically no equities I want up here so I am nibbling back into NEM and GOLD with puts, but won't jump in too fast.  I got lucky and was out of this PM downturn.  I've still never been stuck with any shares at all but it will happen someday.