What Did You Buy Today?

[fenders53]

(05-11-2021, 09:12 AM)divmenow Wrote:

(05-11-2021, 09:08 AM)fenders53 Wrote:

(05-11-2021, 09:06 AM)divmenow Wrote:

(05-11-2021, 09:00 AM)fenders53 Wrote:

(05-11-2021, 08:47 AM)divmenow Wrote: Way to go...  . Join the ENPH club lol

I also took a new position in PXD thanks to the secondary at $153

I needed to add another name in the sector to go along with CVX and EOG

now the only other sector I'm underweight in is leisure 

Dude I am a charter member of ENPH.  I made a few hundred a month the past year selling short puts while it ran.  I have a few short puts that are WAY in the money after this bloodbath.  I can only roll forward so much before I own $140 shares.     I said here many times I was good with adding a real position starting at $125.  If I am honest I need ENPH to head back to $120ish to be back to even.  I wasn;t aggressive enough when it was truly cheap.  I'll add shares to my growthy port in the meantime.

Yeah yeah. What ever floats your boat   lol

I am very good with owning ENPH long-term.  How happy I am in the end very much depends on the entry.  We'll see where the bottom is soon enough.

Well me too. Got in at $108.90 

This will be a big winner for years to come.  You have to add at some point, so why not today. I don't worry about making a few $ here and there  . I'm in to win it lol 

Are we having fun today 

(07-06-2021, 08:34 AM)ken-do-nim Wrote: I was just reading this article: https://www.investopedia.com/articles/retirement/08/retire-millionaire-million-dollars.asp?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral

I got a kick out of #7:

7. Monitor Your Portfolio
There's no need to obsess over every movement of the Dow Jones Industrial Average. Instead, check your portfolio once a year. Rebalance your asset allocation to keep on track with your plan.


Ha!  I don't think any of us would take that advice.

Best I have ever done in my main account is quarterly from about 2009 to 2017.  I do have a small IRA I never made a move in for over 10 years.

[kblake]

added XOM, CVX, EOG, CVS, and NEM

[stockguru]

I added some NEM myself. Great dividend raise and gold will do well when inflation happens later this year.

I trimmed a lot of my UTES today to prepare when the market and inflation rises later this year.

Better to be prepared before things happen

Commodities, Real Estate, Insurance and Financials will do well

High dividend companies will not do well if this happens or companies taking on high debt. It would be nice of tech would take a breather but that doesn't seem to be the case lol

[fenders53]

Inflation already here with commodities blowing out record highs. So far lumber is about the only thing that crashed halfway back to earth. Now we'll see how long it takes for reality to set in that 2% isn't what happened.

Tough to jump in on these tiny tech pullbacks that last a day.

[stockguru]

(07-06-2021, 10:38 AM)fenders53 Wrote: Inflation already here with commodities blowing out record highs.  So far lumber is about the only thing that crashed halfway back to earth.  Now we'll see how long it takes for reality to set in that 2% isn't what happened.  

Tough to jump in on these tiny tech pullbacks that last a day.

I wont be buying any tech for a long. long time. No reason to. I have very few names I hold. Valuations are at extreme levels even when I sold. And that was weeks ago lol . Every Dick, Tom and Harry buy nothing but tech and all they keep saying is were going much, much higher. That may be the case. But it can turn on a dime. 

What ever happened to buy low. Not buy high and expect higher 

I wont chase tech. I don't care if it rallied another 1000 points from here. I'm not biting or playing that game.

There are a lot of names I like and have pulled backed to levels I can at least take a stab at, and not one is a tech name. 

Even AMZN is up $100 today on JB retiring 

[fenders53]

(07-06-2021, 10:50 AM)stockguru Wrote:

(07-06-2021, 10:38 AM)fenders53 Wrote: Inflation already here with commodities blowing out record highs.  So far lumber is about the only thing that crashed halfway back to earth.  Now we'll see how long it takes for reality to set in that 2% isn't what happened.  

Tough to jump in on these tiny tech pullbacks that last a day.

I wont be buying any tech for a long. long time. No reason to. I have very few names I hold. Valuations are at extreme levels even when I sold. And that was weeks ago lol . Every Dick, Tom and Harry buy nothing but tech and all they keep saying is were going much, much higher. That may be the case. But it can turn on a dime. 

What ever happened to buy low. Not buy high and expect higher 

I wont chase tech. I don't care if it rallied another 1000 points from here. I'm not biting or playing that game.

There are a lot of names I like and have pulled backed to levels I can at least take a stab at, and not one is a tech name. 

Even AMZN is up $100 today on JB retiring 

Buy low and sell high is an antiquated Boomer strategy.      Seriously that is the way it has seemed for a couple years now.  I've added a little tech here and there the past six months.  Wish I was in another 5% of my port but it will have to do.  Chasing has rarely worked out for me if I intended to hold for more than a week or so.  Something will be on sale soon enough.  There is always a bull market somewhere as cousin Jimmy says every day lol.   That's a true enough statement.

[stockguru]

(07-06-2021, 11:06 AM)fenders53 Wrote:

(07-06-2021, 10:50 AM)stockguru Wrote:

(07-06-2021, 10:38 AM)fenders53 Wrote: Inflation already here with commodities blowing out record highs.  So far lumber is about the only thing that crashed halfway back to earth.  Now we'll see how long it takes for reality to set in that 2% isn't what happened.  

Tough to jump in on these tiny tech pullbacks that last a day.

I wont be buying any tech for a long. long time. No reason to. I have very few names I hold. Valuations are at extreme levels even when I sold. And that was weeks ago lol . Every Dick, Tom and Harry buy nothing but tech and all they keep saying is were going much, much higher. That may be the case. But it can turn on a dime. 

What ever happened to buy low. Not buy high and expect higher 

I wont chase tech. I don't care if it rallied another 1000 points from here. I'm not biting or playing that game.

There are a lot of names I like and have pulled backed to levels I can at least take a stab at, and not one is a tech name. 

Even AMZN is up $100 today on JB retiring 

Buy low and sell high is an antiquated Boomer strategy.      Seriously that is the way it has seemed for a couple years now.  I've added a little tech here and there the past six months.  Wish I was in another 5% of my port but it will have to do.  Chasing has rarely worked out for me if I intended to hold for more than a week or so.  Something will be on sale soon enough.  There is always a bull market somewhere as cousin Jimmy says every day lol.   That's a true enough statement.

That is the only strategy that works over the long haul. Chasing has always gotten me in trouble over the years. I know better now 

CAT is getting interesting. I understand I should have bought more at $80 a few years back, but at least you got a significant pullback from the highs lol

[ChadR]

Initial position into PFS. Down over 2% right now so might as well jump into it.

[stockguru]

BABA about the only tech stock worth buying, but I still don't trust the China laws and all that's going on over there.

But $210 not a bad place to start today!

[fenders53]

(07-06-2021, 11:11 AM)stockguru Wrote:

(07-06-2021, 11:06 AM)fenders53 Wrote:

(07-06-2021, 10:50 AM)stockguru Wrote:

(07-06-2021, 10:38 AM)fenders53 Wrote: Inflation already here with commodities blowing out record highs.  So far lumber is about the only thing that crashed halfway back to earth.  Now we'll see how long it takes for reality to set in that 2% isn't what happened.  

Tough to jump in on these tiny tech pullbacks that last a day.

I wont be buying any tech for a long. long time. No reason to. I have very few names I hold. Valuations are at extreme levels even when I sold. And that was weeks ago lol . Every Dick, Tom and Harry buy nothing but tech and all they keep saying is were going much, much higher. That may be the case. But it can turn on a dime. 

What ever happened to buy low. Not buy high and expect higher 

I wont chase tech. I don't care if it rallied another 1000 points from here. I'm not biting or playing that game.

There are a lot of names I like and have pulled backed to levels I can at least take a stab at, and not one is a tech name. 

Even AMZN is up $100 today on JB retiring 

Buy low and sell high is an antiquated Boomer strategy.      Seriously that is the way it has seemed for a couple years now.  I've added a little tech here and there the past six months.  Wish I was in another 5% of my port but it will have to do.  Chasing has rarely worked out for me if I intended to hold for more than a week or so.  Something will be on sale soon enough.  There is always a bull market somewhere as cousin Jimmy says every day lol.   That's a true enough statement.

That is the only strategy that works over the long haul. Chasing has always gotten me in trouble over the years. I know better now 

CAT is getting interesting. I understand I should have bought more at $80 a few years back, but at least you got a significant pullback from the highs lol

I bought some CAT just last year sub 120 IIRC.  Had most if it sold by $150.  I have no doubt CAT is going to have a great year but the market looks ahead so I don't see it as particularly safe here.  I did the same trick with a number of other industrials that are up close enough to 100% now.  HON would be another.  If I blew the trade I blew the trade.  Chasing won't fix it for long.  There will be a better day to re-enter these deeply cyclical plays for a true investment.

[fenders53]

Sold some GNRC at 428+. I was waiting for hurricane season to start trimming but I couldn't take it anymore. I've been ignoring it but the PEG is over 7 now and sales growth isn't that damn good. Some of my shares are up over $220 in just over a year and I thought it was too expensive when I bought them.

[vbin]

(07-06-2021, 11:18 AM)stockguru Wrote: BABA about the only tech stock worth buying, but I still don't trust the China laws and all that's going on over there.

But $210 not a bad place to start today!

Prubai, Munger, Greg Alexander, Mason Hawkins all are picking up baba.