What I Am Buying Today.

[fenders53]

(12-16-2021, 04:57 PM)divmenow Wrote:

(12-16-2021, 04:46 PM)fenders53 Wrote:

(12-16-2021, 04:37 PM)ken-do-nim Wrote:

(12-16-2021, 04:18 PM)fenders53 Wrote: OK, my solar is now lying in the gutter bleeding out and left for dead.  They are down at least 30% on average.  Good thing I bought profitable companies, like it mattered lol.  I need to check on the non-profitable ones.  I am going to have to take a break from adding as they have blown through all support like it didn't even matter. I preach patience here as it pertains to catching falling knives. I better take my own advice and add on the way back up.

My girlfriend's small portfolio is mostly solar as well.  I try to preach chip stocks but she only wants to invest in solar.  I better not ask her about her port today.

I trade them mostly but got bit this time.  There are only about four I would buy and hold.  75% of my solar gains vaporized for now.  I don't own any I'm not OK with holding.  They are about 5% of my port.

Solar stocks are like pot stocks. They were all hyped and everyone wanted them. They will soon be a thing of the past    I say sell every solar stock and smoke pot and anf forget you ever owned them lol

Pot stocks aren't profitable.  My ENPH is still about a double.  RUN and SPWR not so much today lol.  I made money on others but dumped the non profits when they cooled off. My boring stuff is running so it's all good for now.

I have no predictions where this market is in a month.  I can turn the computer off if I have to but where is the fun in that?  I rarely sell puts when the market looks sketchy so I am bored lol.

Scratch my comment of three months for high valued stocks to correct. I took a good look and the market has taken many of them down at an efficient pace. Tough decision to hang on and wait for 2022 to avoid taxes.