What are your winners & losers today?

[fenders53]

(01-04-2022, 07:21 PM)ken-do-nim Wrote:

(01-04-2022, 06:44 PM)fenders53 Wrote: I am at ATH the last few days.  That hasn't happened much for 6 weeks.  I have increased my tech exposure a lot lately so I won't be escaping tech or index beatdowns like I did most of last year.

That must give you a lot of confidence to enter retirement.

I'm only $5k away from ATH in E*Trade.

I'm very itchy for the trading window to open again so I can sell company stock, move the cash into E*Trade, and start meeting my 2022 targets.  Although, I may sell, hold onto the cash for a while, and wait for a huge dip.

You know I think you are smart to keep trimming the company stock.  It's good you have a 2022 plan but the world won't stop turning if you can't make all your scheduled purchases.  Let the market be the boss.  It makes no sense to pay too much for div stocks.  Even with my largish account, sometimes I buy ten shares of something and it runs 25% overvalued in a month.  At some point I just take my couple hundred buck profit and put it back on the watchlist.  I'll get another chance and it doesn't matter when with thousands of other choices.  

Who knows if the big market dip is even coming, but watch individual stocks get beat up weekly.  You'll be amazed how much better you feel if you have $10K ready to nibble some deals.  Holding cash is going to kill you so maybe park it in a boring aristocrat that is down, or an extremely short-term bond fund.  Collect a bit of income. If the market gets hammered and you take a fastball to the ribs, you lose a couple percent and shake it off, and buy something good that is down 20%.  You might be amazed how much less helpless that makes you feel.  If the day comes I will trim JNJ or my beloved UTEs.  Because that just makes sense.    

This is a mind game when it goes bad.  Be ready, even if it's a year from now.  I can't imagine having zero cash when a stock I want gets crushed for a few weeks.

[ken-do-nim]

Interesting idea having a "holding fund" instead of keeping liquidity in actual cash. For me the answer to that would be SCHD. Speaking of which, I just watched a video on SCHD vs JEPI vs XYLD. I did think the video didn't address at all the needs of someone who needs to actually draw the dividends to pay bills, which is an important consideration!

[fenders53]

(01-05-2022, 11:23 AM)ken-do-nim Wrote: Interesting idea having a "holding fund" instead of keeping liquidity in actual cash.  For me the answer to that would be SCHD.  Speaking of which, I just watched a video on SCHD vs JEPI vs XYLD.  I did think the video didn't address at all the needs of someone who needs to actually draw the dividends to pay bills, which is an important consideration!

SCHD is perfect.  If the market runs higher you aren't caught sitting on excessive cash.  If it dips, the stocks you want to buy have likely dipped far more. Move the funds and take a small tax loss.  It's better than buying high.  Not suggesting you shouldn't have some cash but too much hasn't worked lately.

[fenders53]

You'd be proud of me. I lost 1.2% today and bought some more tech when it was ugliest. I almost never lose 1% in a week lol. I'm in the mix now but I will be able to bounce with QQQ and SPY now.

[ken-do-nim]

(01-05-2022, 04:22 PM)fenders53 Wrote: You'd be proud of me.  I lost 1.2% today and bought some more tech when it was ugliest.  I almost never lose 1% in a week lol.  I'm in the mix now but I will be able to bounce with QQQ and SPY now.

Heh, that's uh, great!

This was a day having cash on the sidelines was designed for!  Oh well.  Between the taxable, the ROTH, and company stock, I dropped probably 8% or more.  Brutal day.  But in E*Trade at least, while it may have been my worst day ever, it does not match in absolute value my best day ever.

[fenders53]

(01-05-2022, 04:34 PM)ken-do-nim Wrote:

(01-05-2022, 04:22 PM)fenders53 Wrote: You'd be proud of me.  I lost 1.2% today and bought some more tech when it was ugliest.  I almost never lose 1% in a week lol.  I'm in the mix now but I will be able to bounce with QQQ and SPY now.

Heh, that's uh, great!

This was a day having cash on the sidelines was designed for!  Oh well.  Between the taxable, the ROTH, and company stock, I dropped probably 8% or more.  Brutal day.  But in E*Trade at least, while it may have been my worst day ever, it does not match in absolute value my best day ever.

Yup.  It's like a kid shopping.  I'll have that chocolate bar please, and give me that Star Trek toy over there.  I got money to shop every couple days for a few weeks if I don't  go crazy and think this is the bottom.  Maybe you only end up knocking your basis down by 5% on a few stocks.  Do that 5-10 times a year, even in a small way, for a decade and it matters big time.  But like I implied its a mind game for me.  I feel absolutely helpless getting crushed and all I can do is take it or panic sell.  Both of those options stink.  

I'm not afraid to swap some JNJ or XEL for some AMD or whatever if it makes sense next month.

[stockguru]

ARKK now down 52% from its high and a new 52 week low.

Today was the worst day in 5 years. Lost like 8k. Why did I look

My only bright spot was INTC, MRK HON, NUE and KR

MY ETFS took a crap as did CRM, NOW, SBAC, MSFT all down big

I knew I should have bought CLF when fenders sold ?

[fenders53]

Oh did CLF go up today? Lol yeah I sold it for a smaller profit yesterday. I just sold everything I was profitable in if I knew it was low conviction for me personally. I missed some beatings within days and will be sorry I sold a few. I have actually been working on this for months as tickers went profitable. For now I have only 20 tickers I don't need to sell unless their story changes in a real way.

All jokes aside the only thing I have become proficient in is not taking a beating when the market only dipped 3 or 5%. Until I started buying QQQ in larger quantities my port was extremely low beta. I can swing it in a week if I don't own 50 stocks.

[ken-do-nim]

(01-05-2022, 09:26 PM)stockguru Wrote: ARKK now down 52% from its high and a new 52 week low.

Today was the worst day in 5 years. Lost like 8k. Why did I look

If it makes you feel better I lost about $100k today. The triple ETFs obviously got slammed, but the biggest loser was my company stock down 11.11%.

I had 4 positive tickers today: RIO, CVS, VALE, SHW; also OXLC was flat.

[fenders53]

(01-05-2022, 11:01 PM)ken-do-nim Wrote:

(01-05-2022, 09:26 PM)stockguru Wrote: ARKK now down 52% from its high and a new 52 week low.

Today was the worst day in 5 years. Lost like 8k. Why did I look

If it makes you feel better I lost about $100k today.  The triple ETFs obviously got slammed, but the biggest loser was my company stock down 11.11%.

I had 4 positive tickers today: RIO, CVS, VALE, SHW; also OXLC was flat.

Ouch, that is not acceptable to me on a 3% index dip.  Not even close to OK.

You are making me feel better about being down 1%

[ken-do-nim]

(01-05-2022, 11:17 PM)fenders53 Wrote:

(01-05-2022, 11:01 PM)ken-do-nim Wrote:

(01-05-2022, 09:26 PM)stockguru Wrote: ARKK now down 52% from its high and a new 52 week low.

Today was the worst day in 5 years. Lost like 8k. Why did I look

If it makes you feel better I lost about $100k today.  The triple ETFs obviously got slammed, but the biggest loser was my company stock down 11.11%.

I had 4 positive tickers today: RIO, CVS, VALE, SHW; also OXLC was flat.

Ouch, that is not acceptable to me on a 3% index dip.  Not even close to OK.

You are making me feel better about being down 1%

Happy to help!  Obviously the bulk of my loss was company stock.  I'm sure it will recover eventually, but all of my sales last year are looking prescient. I'm still going to get stuck with a $10k or so tax bill though.

[cemanuel]

(01-05-2022, 11:01 PM)ken-do-nim Wrote:

(01-05-2022, 09:26 PM)stockguru Wrote: ARKK now down 52% from its high and a new 52 week low.

Today was the worst day in 5 years. Lost like 8k. Why did I look

If it makes you feel better I lost about $100k today.  The triple ETFs obviously got slammed, but the biggest loser was my company stock down 11.11%.

I had 4 positive tickers today: RIO, CVS, VALE, SHW; also OXLC was flat.

Yikes. I beat the market by a bit today, standard for big down days. Basically Health care, which I have a lot of, and telecomm were up, everything else down for me.

I think things settle down now that people can measure the ADP report against talk of the Fed being more aggressive. Not that a nice 10% or so dip wouldn't be good right now. But it would have been good at any time the last 6 months and didn't happen.