What I Am Buying Today.

[divmenow]

I just saw SAM come across my screen as a new 52 week ow. From $1349 to now $478 and it sill has a PE of 60

Crazy they took it up that high for a beer stock. At some point it will be a buy. I have some friends of mine who thought $600 was the low and bought.

[stockguru]

(11-10-2021, 12:44 PM)divmenow Wrote: Sold U in my trading account. 35 points on a day trade is good enough for me. Still hold some in my ROTH

Put the proceeds in XOM and added to SRE

And If I can get TTCF under $14 I will buy.  But I wouldn't be too long on that name.

Now your going to make me sell my 12 shares 

Honestly I would be happy with a $10 gain lol. But like you said up $30 you almost have to sell. The report wasn't that good to recover 35 points from last night low lol.

I think I'm going to sell too and hope to get back in lower. Maybe add to CVX, XOM and BRK.b

[fenders53]

(11-10-2021, 11:56 AM)ken-do-nim Wrote:

(11-10-2021, 11:05 AM)fenders53 Wrote:

(11-10-2021, 10:36 AM)ken-do-nim Wrote:

(11-10-2021, 10:11 AM)fenders53 Wrote: Good plan for the Roth.  You can put some growth in there without playing FOMO.  It's your retirement account and someday you need to be able to just check it quarterly if that keeps you from stressing.  You can add some of the MOMO tickers when they crash hard.  There are a lot of good companies that just have horribly priced stocks for now.   

The rest of us are trading some FOMO for fun, but the allocation is appropriate so it won't wreck our lives when a position gets cut in half.  Notice Divemenow made some nice trades.  Also notice he didn't lose his mind and make a huge bet.  That's how you live to play next week.  

Added a few shares of QQQ on the opening dip.  Have a lot of tech puts open so I can't lose my mind unless a real dip comes.

The rules that I have in place in the taxable are what have made it successful:
1. Minimum yield of 2.5% at all times.
2. No short term tax gain impact (anymore)
3. Current individual stock maximum of $10k, only ETFs above that.  (AVGO recently broke through this ceiling but it's the golden child so that's okay)
4. No individual stocks that don't pay a dividend.

The ROTH has been rule free, and ironically that has left me too much freedom to chase the wrong things.

I always try to ask hard questions.  I enjoy being challenged personally, even if it's just people asking stupid questions LOL.     

Rule: are good.  I abide by some core rules.  Well 95% of the time.  It's hard to be perfect.


YOUR RULES

#1.  Why a 2 1/2% yield requirement.  Is this a port average?  This is your tax advantaged account.  You can't spend the income without incurring a penalty.  Why not 2% or 4%?  

#2.  Good rule, it's stupid to get fined when you have the earned income to easily avoid it.  

#3.  Any individual stock is subject to a 20% correction.  It will happen fairly often.  $10K is just a number.  It's clear short-term losses cause you to make ill advised trades.  How large of a loss can you endure?  That should determine your maximum investment for a single positions.  You've been stressing short term dips that seem silly to some of us.    

#4 Personal preference I suppose.  There are some outstanding growth stocks that are still a few years away from paying a dividend.  Half of my good stocks don't pay a dividend.  All of my underperforming stocks pay a dividend.

1. 2 1/2% is a port average, which E*Trade shows at the bottom (because E*Trade rocks).  It's not my tax advantaged account; it's the taxable one.  I settled on 2.5% because, for one, that allows the account to pay enough towards my monthly budget.
3. Right; and that number will increase next year to $15k.  It's more like "no single stock can be more than 5% of the port".
4. I had been saving the pure growth stocks for the ROTH.  Yeah I need to re-evaluate that rule this year.

I will come up with some rules for the ROTH too.

Hope I am helping and not just beating you up because I get no joy in that.  Others here see your impulsiveness and I'd like to hope we are all trying to make you better at investing.  Your rules have to make sense in all markets because we are going to endure good, great and horrible over time.  I know it sounds corny but I am old.  If you are going to buy individual stocks you gotta be "Cool Hand Luke".

"Trim and add" strategies vs "all or nothing" is a skill that would benefit you.  Realize some gains instead of being greedy.  You don't have to sell it all.  Trim and cut your loss potential while it is small if your suspect your thesis for buying may have been flawed.  We can't know for sure what a stock does next week but we should be informed enough to know when a stock is running on pure MOMO or dropping on excessive fear not backed by fundamentals.  You will definitely lose in the end if you allow fear or greed to completely control your decisions. 

Hold for a decade stocks in your ROTH would be better but I'm not confident you'll do that.

[fenders53]

(11-10-2021, 12:44 PM)divmenow Wrote: Sold U in my trading account. 35 points on a day trade is good enough for me. Still hold some in my ROTH

Put the proceeds in XOM and added to SRE

And If I can get TTCF under $14 I will buy.  But I wouldn't be too long on that name.

TTCF is probably good for a swing trade under $16.  It has a mini cult following.  I have never lost in TTCF but I don't own it 75% of the time.  I follow it for my entertainment and literally just pick off a few hundred dollars profit quick because it has been very easy.  Without typing pages here are my reasons.

FACTS
-It is a fact they are in most every every grocery store chain and it sells well. Crazy fast ramp above any reasonable expectations.  TGT stated best frozen food product launch ever.  The product is legit whether I prefer it or not.
-They are based in EU and it costs a fortune now to get product here right now.  They actually grow much of their own veggies.  Vertically integrated for sure. 
-The CEO truly has most of his net worth tied up in TTCF.  He filed for authorization to sell a LOT of shares.  He'd be an idiot not to diversify but it will scare the hell out of the market when he sells some shares.  

OPINION

-They are going to do OK.  It's not going to zero but profit may be elusive for a good long while.

I'll trade it when it makes sense, which may be tomorrow.  I'm out at $14 because the thesis is probably busted if it hits that level.   We'll see and my bet won't be huge..

[DividendGarden]

Adding to VIAC

[ken-do-nim]

(11-10-2021, 01:01 PM)fenders53 Wrote:

(11-10-2021, 11:56 AM)ken-do-nim Wrote:

(11-10-2021, 11:05 AM)fenders53 Wrote:

(11-10-2021, 10:36 AM)ken-do-nim Wrote:

(11-10-2021, 10:11 AM)fenders53 Wrote: Good plan for the Roth.  You can put some growth in there without playing FOMO.  It's your retirement account and someday you need to be able to just check it quarterly if that keeps you from stressing.  You can add some of the MOMO tickers when they crash hard.  There are a lot of good companies that just have horribly priced stocks for now.   

The rest of us are trading some FOMO for fun, but the allocation is appropriate so it won't wreck our lives when a position gets cut in half.  Notice Divemenow made some nice trades.  Also notice he didn't lose his mind and make a huge bet.  That's how you live to play next week.  

Added a few shares of QQQ on the opening dip.  Have a lot of tech puts open so I can't lose my mind unless a real dip comes.

The rules that I have in place in the taxable are what have made it successful:
1. Minimum yield of 2.5% at all times.
2. No short term tax gain impact (anymore)
3. Current individual stock maximum of $10k, only ETFs above that.  (AVGO recently broke through this ceiling but it's the golden child so that's okay)
4. No individual stocks that don't pay a dividend.

The ROTH has been rule free, and ironically that has left me too much freedom to chase the wrong things.

I always try to ask hard questions.  I enjoy being challenged personally, even if it's just people asking stupid questions LOL.     

Rule: are good.  I abide by some core rules.  Well 95% of the time.  It's hard to be perfect.


YOUR RULES

#1.  Why a 2 1/2% yield requirement.  Is this a port average?  This is your tax advantaged account.  You can't spend the income without incurring a penalty.  Why not 2% or 4%?  

#2.  Good rule, it's stupid to get fined when you have the earned income to easily avoid it.  

#3.  Any individual stock is subject to a 20% correction.  It will happen fairly often.  $10K is just a number.  It's clear short-term losses cause you to make ill advised trades.  How large of a loss can you endure?  That should determine your maximum investment for a single positions.  You've been stressing short term dips that seem silly to some of us.    

#4 Personal preference I suppose.  There are some outstanding growth stocks that are still a few years away from paying a dividend.  Half of my good stocks don't pay a dividend.  All of my underperforming stocks pay a dividend.

1. 2 1/2% is a port average, which E*Trade shows at the bottom (because E*Trade rocks).  It's not my tax advantaged account; it's the taxable one.  I settled on 2.5% because, for one, that allows the account to pay enough towards my monthly budget.
3. Right; and that number will increase next year to $15k.  It's more like "no single stock can be more than 5% of the port".
4. I had been saving the pure growth stocks for the ROTH.  Yeah I need to re-evaluate that rule this year.

I will come up with some rules for the ROTH too.

Hope I am helping and not just beating you up because I get no joy in that.  Others here see your impulsiveness and I'd like to hope we are all trying to make you better at investing.  Your rules have to make sense in all markets because we are going to endure good, great and horrible over time.  I know it sounds corny but I am old.  If you are going to buy individual stocks you gotta be "Cool Hand Luke".

"Trim and add" strategies vs "all or nothing" is a skill that would benefit you.  Realize some gains instead of being greedy.  You don't have to sell it all.  Trim and cut your loss potential while it is small if your suspect your thesis for buying may have been flawed.  We can't know for sure what a stock does next week but we should be informed enough to know when a stock is running on pure MOMO or dropping on excessive fear not backed by fundamentals.  You will definitely lose in the end if you allow fear or greed to completely control your decisions. 

Hold for a decade stocks in your ROTH would be better but I'm not confident you'll do that.

Thanks for the tips.

Of course, I am reminded the ROTH is small potatoes when my company stock drops...

[fenders53]

(11-10-2021, 03:01 PM)ken-do-nim Wrote:

(11-10-2021, 01:01 PM)fenders53 Wrote:

(11-10-2021, 11:56 AM)ken-do-nim Wrote:

(11-10-2021, 11:05 AM)fenders53 Wrote:

(11-10-2021, 10:36 AM)ken-do-nim Wrote: The rules that I have in place in the taxable are what have made it successful:
1. Minimum yield of 2.5% at all times.
2. No short term tax gain impact (anymore)
3. Current individual stock maximum of $10k, only ETFs above that.  (AVGO recently broke through this ceiling but it's the golden child so that's okay)
4. No individual stocks that don't pay a dividend.

The ROTH has been rule free, and ironically that has left me too much freedom to chase the wrong things.

I always try to ask hard questions.  I enjoy being challenged personally, even if it's just people asking stupid questions LOL.     

Rule: are good.  I abide by some core rules.  Well 95% of the time.  It's hard to be perfect.


YOUR RULES

#1.  Why a 2 1/2% yield requirement.  Is this a port average?  This is your tax advantaged account.  You can't spend the income without incurring a penalty.  Why not 2% or 4%?  

#2.  Good rule, it's stupid to get fined when you have the earned income to easily avoid it.  

#3.  Any individual stock is subject to a 20% correction.  It will happen fairly often.  $10K is just a number.  It's clear short-term losses cause you to make ill advised trades.  How large of a loss can you endure?  That should determine your maximum investment for a single positions.  You've been stressing short term dips that seem silly to some of us.    

#4 Personal preference I suppose.  There are some outstanding growth stocks that are still a few years away from paying a dividend.  Half of my good stocks don't pay a dividend.  All of my underperforming stocks pay a dividend.

1. 2 1/2% is a port average, which E*Trade shows at the bottom (because E*Trade rocks).  It's not my tax advantaged account; it's the taxable one.  I settled on 2.5% because, for one, that allows the account to pay enough towards my monthly budget.
3. Right; and that number will increase next year to $15k.  It's more like "no single stock can be more than 5% of the port".
4. I had been saving the pure growth stocks for the ROTH.  Yeah I need to re-evaluate that rule this year.

I will come up with some rules for the ROTH too.

Hope I am helping and not just beating you up because I get no joy in that.  Others here see your impulsiveness and I'd like to hope we are all trying to make you better at investing.  Your rules have to make sense in all markets because we are going to endure good, great and horrible over time.  I know it sounds corny but I am old.  If you are going to buy individual stocks you gotta be "Cool Hand Luke".

"Trim and add" strategies vs "all or nothing" is a skill that would benefit you.  Realize some gains instead of being greedy.  You don't have to sell it all.  Trim and cut your loss potential while it is small if your suspect your thesis for buying may have been flawed.  We can't know for sure what a stock does next week but we should be informed enough to know when a stock is running on pure MOMO or dropping on excessive fear not backed by fundamentals.  You will definitely lose in the end if you allow fear or greed to completely control your decisions. 

Hold for a decade stocks in your ROTH would be better but I'm not confident you'll do that.

Thanks for the tips.

Of course, I am reminded the ROTH is small potatoes when my company stock drops...

Your ROTH needs to be big potatoes but I get there are tax consequences.  You were smart to start trimming the company stock long ago whether it goes up or down. May have a bright future but not a blue chip


Tempted to buy today but we'll see if the dip has any follow through tomorrow.  Stand by for next rotation to who knows what sectors.  Closed some put sells for 85-95% profit this AM.  Waiting for my months long lucky streak to end.  It was a good day to be overweight defensive stocks.

[vbin]

Sold a PyPL put strike $195. Ideally it would be a better buy (just based on historical fair value) in 155ish range but noticed that jack Dorsey(he is known for buying companies with huge moat or huge moat potentials) increase his PayPal position by 18% at $238 in q2( before last earnings). So clearly till 3-4 months back he saw PyPL having huge moat.

[Dario33]

DIS getting a haircut after reporting slower subscriber growth on the DIS+ app. Might have to add…

[rayray]

added

mo/brk.b/rblx/sam/nvda/atvi/upst/pypl/adbe/docs/roku/pins/docu/


new add

tsla

[fenders53]

And TTCF postpones their earnings call.  Small staff so perhaps there is a reasonable explanation, but they called it off literally a few minutes before start time.  Very unprofessional.  I think they are off my trading list.  The closer I look at SPACs the more sure I am I need to dig deep before I trust them with much of my money.

[crimsonghost747]

(11-10-2021, 08:39 PM)fenders53 Wrote: And TTCF postpones their earnings call.  Small staff so perhaps there is a reasonable explanation, but they called it off literally a few minutes before start time.  Very unprofessional.  I think they are off my trading list.  The closer I look at SPACs the more sure I am I need to dig deep before I trust them with much of my money.

I do not know the company very well, and I am definitely not up to date on their situation.
But this is the first time in my investing life that I've seen a company postpone their earnings release like this. I've seen it being postponed maybe a couple of times before but always with a clear reason and a decent heads-up. 

Now they just decided to say, literally just before the earnings were supposed to come out, that "The delay is a result of additional time required to finalize the Company's financial statements". Seriously? 

I know TTCF is supposed to be vegan and all, but smells fishy.