What Did You Buy Today?

[fenders53]

Added some TSM and working on some more shares. Sold a few more VSTO puts.

[ken-do-nim]

(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.

(03-24-2021, 09:24 AM)Otter Wrote: Started a new position in AMZN.

I've been wanting to get back into Amazon, but as you know even one share is over $3K.  It skips the whole "starter position" and "junior position" phases and jumps right to "big investment" But no rush I suppose since it hasn't had any price movement since July of last year.

I added 10 more shares of TSM like everyone else today.

[Dividendwayfarer]

Nibbled TSM, NKE, GIS & ABBV today.

[Otter]

(03-24-2021, 12:21 PM)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.

(03-24-2021, 09:24 AM)Otter Wrote: Started a new position in AMZN.

I've been wanting to get back into Amazon, but as you know even one share is over $3K.  It skips the whole "starter position" and "junior position" phases and jumps right to "big investment" But no rush I suppose since it hasn't had any price movement since July of last year.

I added 10 more shares of TSM like everyone else today.

AMZN is trading below its 10yr/5yr/3yr averages for P/OCF and P/E, and has consolidated nicely in the low 3,000s. The second-best time to plant a tree is today was my thinking on getting into a position. Doubt I will regret the decision in 3, 5, or 10 years, even if antitrust action ramps up.

[fenders53]

(03-24-2021, 12:21 PM)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.

(03-24-2021, 09:24 AM)Otter Wrote: Started a new position in AMZN.

I've been wanting to get back into Amazon, but as you know even one share is over $3K.  It skips the whole "starter position" and "junior position" phases and jumps right to "big investment" But no rush I suppose since it hasn't had any price movement since July of last year.

I added 10 more shares of TSM like everyone else today.

Just do as you're told and we'll suffer together.     I added TSM for the second time today.  Tech has no conviction so keeping some dry powder.  Wish it would roll over and be done with it.  I added some VSTO shares as well.  I have conviction the next quarter will be another blow out but politics are in play now so we shall see.     

AMZN is never a bad buy, but I am waiting for some mediocre comps before I add much retail.  AMZN is much more than retail but it still counts.  I don't want to trade everything in my port and retail is looking stretched after Stimi is spent.

[Otter]

(03-24-2021, 12:38 PM)fenders53 Wrote:

(03-24-2021, 12:21 PM)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.

(03-24-2021, 09:24 AM)Otter Wrote: Started a new position in AMZN.

I've been wanting to get back into Amazon, but as you know even one share is over $3K.  It skips the whole "starter position" and "junior position" phases and jumps right to "big investment" But no rush I suppose since it hasn't had any price movement since July of last year.

I added 10 more shares of TSM like everyone else today.

Just do as you're told and we'll suffer together.     I added TSM for the second time today.  Tech has no conviction so keeping some dry powder.  Wish it would roll over and be done with it.  I added some VSTO shares as well.  I have conviction the next quarter will be another blow out but politics are in play now so we shall see.     

AMZN is never a bad buy, but I am waiting for some mediocre comps before I add much retail.  AMZN is much more than retail but it still counts.  I don't want to trade everything in my port and retail is looking stretched after Stimi is spent.

Funny, as the retail aspect of the business is the least appealing to me. If AMZN gets broken up like Ma Bell, I'll be most interested in keeping shares in the company that gets AWS.

[divmenow]

Added some CMI, AVGO, NKE and BDX

Sold some WSM, DRI and GM. Those have all run up big so sold half to put it more stable dividend growth stocks.

[fenders53]

(03-24-2021, 12:53 PM)divmenow Wrote: Added some CMI, AVGO, NKE and BDX

Sold some WSM, DRI and GM. Those have all run up big so sold half to put it more stable dividend growth stocks.

I got lucky and bought back my NKE put when shares peaked yesterday.  Still own some shares in my growthy port.  It wouldn't take much to get me to add.  Yet another I treaded six months ago and should have held.  NKE was pretty obvious last spring.

[fenders53]

(03-24-2021, 12:40 PM)Otter Wrote:

(03-24-2021, 12:38 PM)fenders53 Wrote:

(03-24-2021, 12:21 PM)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.

(03-24-2021, 09:24 AM)Otter Wrote: Started a new position in AMZN.

I've been wanting to get back into Amazon, but as you know even one share is over $3K.  It skips the whole "starter position" and "junior position" phases and jumps right to "big investment" But no rush I suppose since it hasn't had any price movement since July of last year.

I added 10 more shares of TSM like everyone else today.

Just do as you're told and we'll suffer together.     I added TSM for the second time today.  Tech has no conviction so keeping some dry powder.  Wish it would roll over and be done with it.  I added some VSTO shares as well.  I have conviction the next quarter will be another blow out but politics are in play now so we shall see.     

AMZN is never a bad buy, but I am waiting for some mediocre comps before I add much retail.  AMZN is much more than retail but it still counts.  I don't want to trade everything in my port and retail is looking stretched after Stimi is spent.

Funny, as the retail aspect of the business is the least appealing to me. If AMZN gets broken up like Ma Bell, I'll be most interested in keeping shares in the company that gets AWS.

I completely agree but the market will be critical if retail loses significant steam.  Same with HD and TGT.  Ridiculous comps a few quarters ahead and there will be a reckoning if you pay way too much. I think all of the above are awesome companies BTW.  I just don't see them as deals from here.

[Otter]

I think the odds of AMZN voluntarily splitting into different companies during this decade are higher than it remaining as a single enterprise. There were a lot of investing articles advocating for it in 2019-20, before the pandemic created the latest round of market craziness. With regulatory pressure focused almost exclusively on the low-margin retail side of the equation, and the temptation to the C-Suite of unlocking shareholder value by spinning off the high-growth/margin services portion of the business, the pressure is there. The outcome of a voluntary split can be controlled more easily by the execs, and would also serve to reduce/minimize regulatory pressure.

[divmenow]

(03-24-2021, 01:06 PM)fenders53 Wrote:

(03-24-2021, 12:40 PM)Otter Wrote:

(03-24-2021, 12:38 PM)fenders53 Wrote:

(03-24-2021, 12:21 PM)ken-do-nim Wrote:

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

(03-24-2021, 09:24 AM)Otter Wrote: Started a new position in AMZN.

I've been wanting to get back into Amazon, but as you know even one share is over $3K.  It skips the whole "starter position" and "junior position" phases and jumps right to "big investment" But no rush I suppose since it hasn't had any price movement since July of last year.

I added 10 more shares of TSM like everyone else today.

Just do as you're told and we'll suffer together.     I added TSM for the second time today.  Tech has no conviction so keeping some dry powder.  Wish it would roll over and be done with it.  I added some VSTO shares as well.  I have conviction the next quarter will be another blow out but politics are in play now so we shall see.     

AMZN is never a bad buy, but I am waiting for some mediocre comps before I add much retail.  AMZN is much more than retail but it still counts.  I don't want to trade everything in my port and retail is looking stretched after Stimi is spent.

Funny, as the retail aspect of the business is the least appealing to me. If AMZN gets broken up like Ma Bell, I'll be most interested in keeping shares in the company that gets AWS.

I completely agree but the market will be critical if retail loses significant steam.  Same with HD and TGT.  Ridiculous comps a few quarters ahead and there will be a reckoning if you pay way too much. I think all of the above are awesome companies BTW.  I just don't see them as deals from here.

And yet HD still only has a forward PE of only 18. So not expensive at all compared to the market and other stocks. Especially with it's growth rate. It could trade at $350 and still be cheap   . Stimulus checks will be headed there way and spring and summer is here. Don't hate on HD 

And I agree it has had a big run. Straight up from $250 to $294 now. But HD is HD. And do I expect pullbacks along the way. Sure!

[fenders53]

Buy all the cheap$350 HD shares you can get. The $250 shares less than a month ago did seem like a better idea if you are investing and not Momo trading. This is spring qtr which is HD Christmas. They will do fine.