What I Am Buying Today.
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What I Am Buying Today.
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 (04-19-2022, 03:13 PM)stockguru Wrote: NFLX down $75 after hours. That story is done lol So taking away stimulus checks while people are struggling with energy and food inflation and rising interest rates aren't a recipe for sales growth in consumer discretionary/tech stocks? Who woulda thunk it? 
04-19-2022, 06:27 PM
Rough ride from $700. Probably bottom out a fair value I am not sure I remember. Valuation was nuts forever. Streaming is going to be a race to the bottom eventually. Maybe they can package them all together and charge $129 a month. Oh wait lol.
04-20-2022, 08:57 AM
Picked up two whole shares of BBY at $94.84. Had $209.34 sitting in my Roth, either from a partial share sale, dividends of something sold after ex-date or both. Since I drip in that account there's no point waiting for it to build. Was hoping MU would drop to $69.60 so I could get 3 of it but finally gave up.
The moral of this story? MU will likely drop by 5% tomorrow. 
04-20-2022, 10:45 AM
NFLX crashed and FB is next
It wouldn't surprise me if stocks like DG, HRL, MO outperform tech over the next 2 years I'm sticking with the boring names and have no interest buying the once high flyers. Today I added a few small cap bank names. Boring yes lol 
04-20-2022, 10:58 AM
(04-20-2022, 10:45 AM)MrFortune Wrote: NFLX crashed and FB is next I would bet your right. I don't want to be in FB. It's a slowing business and adds are slowing as well. Also you have to factor in Russia and China. No one uses FB any more. All my kids are done with it and there teenagers lol. I can see it going back to $125. Just like you I'm sticking with the slow and steady dividend movers. Sold the rest of TXRH at $86. Will re-enter cheaper
04-20-2022, 11:15 AM
GOOGL is about the only big tech I'd be interested in right now.
Advertising and YouTube should continue doing well, and the stock is reasonably priced compared to the others.
04-20-2022, 11:21 AM
(04-20-2022, 11:15 AM)EricL Wrote: GOOGL is about the only big tech I'd be interested in right now. I would add MSFT to that but i agree out of all the techs GOOGL would be the one i trust the most. Opened a position in MAIN and added to TROW today. (04-20-2022, 10:45 AM)MrFortune Wrote: NFLX crashed and FB is nextI wouldn't be surprised from prices six months ago. From here probably not. Fully valued low growth div stocks will do what they do, not get destroyed with any luck. Your two year crystal ball is much more confident that mine for sure. Generally speaking, forum bears here are back to buying growthy stuff within 90 days
04-21-2022, 01:25 AM
Most of my moves from the sale of PGR have been done now.
Proceeds went into: 50% MSFT 20% TXN 30% remaining, most likely 50% into a China ETF and 50% into JNJ/PEP or similar super safe dividend stock. I'm still not a fan of big tech and I still think most of it is too expensive, but I have wanted to own Microsoft for ages. I think this is a pretty ok time to start building up this position.
04-21-2022, 04:32 AM
Tempting to free up some cash in my IRA to do a Netflix trade once it looks like it's bottomed. Or FB. But I probably won't.
04-21-2022, 06:48 AM
(This post was last modified: 04-21-2022, 06:50 AM by ken-do-nim.)
(04-20-2022, 12:41 PM)fenders53 Wrote: Generally speaking, forum bears here are back to buying growthy stuff within 90 days I was thinking the same thing  *** What I'll be concentrating on for the next year, year and a half, in dividend reinvestment: HPQ CVS ABBV SCHD BX I'll probably grow these others a tad more too: STX ORCL ARCC VALE RIO Once I'm up to about $9k annually in dividends I will turn my attention back to low or non div payers like ISRG, GOOG, and ADBE. I just want to build up the engine more first. (04-21-2022, 06:48 AM)ken-do-nim Wrote:I should have said they are usually back in 90 HRS lol.(04-20-2022, 12:41 PM)fenders53 Wrote: Generally speaking, forum bears here are back to buying growthy stuff within 90 days I am finally getting back into my higher income stuff I sold off higher. Started with JSP. It has dipped about 15% since I sold it and only missed about 1% in dividends. JSP is the Nuveen fund with boring preferred stocks. It is yielding over 7.25% again, which is pretty good for a fund that uses little or no leverage. Started selling ARCC puts but no shares yet. I could use a couple rate hikes to scare something down. My option income has been too good to be true since I retired and can keep an eye on it. The market volatility has made it easy. I need to get some more long shares bought like normal people though lol. At some point the market will run up for a few months, even if it doesn't last. |
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