What I Am Buying Today.

[fenders53]

(10-13-2021, 02:18 PM)Mr1share Wrote:

(10-13-2021, 12:25 PM)divmenow Wrote: Yesterday added JNJ, ROK and TROW

Today added to V, MTB and CI

New positions in CRSP (10 year long term hold) I believe in the data and future . We shall see lol

Sold HII and trimmed MCD

BTW Haven't looked in a while but the entire cannabis companies have been crushed the last few months.

CAT and VZ on my watch list

Nice buys.

CAT is interesting. It moved in anticipation of the bill.  Its come back down a lot since then.

I did add some QCOM, HAS and TGT

CAT is a swing trade here.  I suspect that is what Divemenow would do if he bought it.  I like the company, and have a number of friends that work there.  They say things are pretty good but it is DEEPLY cyclical.  OK for an add to a long term port but I see no margin of safety.  It ran way too high in a hurry.  It's about as expensive as CAT ever gets.  The infrastructure package is spread out over a lot of years if/when it passes.  Commodities staying high may be more important as mining customers are big biz.   In case I sound like Mister know-it-all I bought it at about 125 and had it all dumped by 165 so I am not so smart.  I did something similar with TGT.  I am really hoping for HAS to pullback so I can add.  From everything I read their supply chain is strong.  Christmas is important and they may run out of certain popular toys but they will be OK enough.                

Selling a few index options again today as the old ones expire.