What I Am Buying Today.

[fenders53]

(05-04-2022, 06:48 AM)ken-do-nim Wrote:

(05-03-2022, 11:05 AM)fenders53 Wrote:

(05-03-2022, 09:36 AM)ken-do-nim Wrote: I'm also looking to get back into Starbucks soon.  Probably Ford too.

SBUX has more drama than a reality show but they will work through it the next six months. I sell puts on F constantly.

Only thing I am buying today is short puts to lock in profits.  Call me skeptical on any rally until we get a rate hike or two.  But there is always the power hour at the end of day so we'll see.

My new policy is I just buy 1-2 shares of any given company or fund a month, so I dollar cost average in.  However, I'm concentrating on building up HPQ, SCHD, ABBV, CVS, VALE and BX to higher levels this year, so any other ticker symbols will really have to wait for next year.  (You will notice PEGA just had that one good day, and fell right back to the low 70s)

Nothing wrong with that strategy.  Price swings aren't likely going away and you should have something you can nibble on most every week.  I have managed to not get crushed by this market and leaving anything that seems risky.  Took some modest profit in ABNB and AMD this AM while I had the chance.