What I Am Buying Today.

[fenders53]

(02-14-2022, 02:13 PM)MrFortune Wrote:

(02-14-2022, 02:04 PM)Mr1share Wrote:

(02-14-2022, 01:14 PM)fenders53 Wrote:

(02-14-2022, 12:52 PM)Mr1share Wrote: Bought a a few Gold stocks - GOLD and NEM

Just as a hedge while this market goes to crap

Sold mine.  Last year was probably a better time for that.  NEM is a good miner.

Sold a DKS put.  About my 4th attempt at getting assigned some shares.

Last year we weren't a recession nor where interest rates raised lol. I think Gold will do well this year. Most are off 20-30% from there highs

I like Gold as well. Just purchased GOLD 

Also added to XOM and EOG

This market is being run by bots. I just saw a big news story on it. The bots are running fake sells to drive down the prices for the big boys to scoop them up cheap. Nothing surprises me these days on the rig jobs lol

I'm afraid they are going to put this economy in the poor house. They needed to get in front of this sooner. They are clueless over there in at the Fed

The investors who are all in, no cash on hand; and plenty of them are these days. All those people are going to be very upset when they start getting their latest statements. They're stuck and may never see those highs on those investments they once had. These analyst are crooks too. Kept putting absorbed price targets only to see them crater, And now those same analysts say sell lol . They all got out long ago and we all look like suckers now

My port is fine but I understand what you are saying about brokerage recommendations.  And yes it was crazy to be all in.  

Gold is just hard to trade.  Not too hard to find 100 articles stating why it should run to $3000, and most of them make sense to me.  It should have run last year when they were adding liquidity and inflation was sky high.  Not so sure what happens after some rate hikes?  Anyway, nobody is going broke holding gold for awhile.  My hedge was oil but I have milked that cow pretty hard.  I'll keep some EOG short puts open but I am good on shares without a pullback. I am hesitant to average up that far.