What I Am Buying Today.

[ConnerM]

(05-24-2022, 09:23 AM)divmenow Wrote: Short the home builders. Here comes the crash. New home sales dropped 16.6% compared to estimates of 1.6%. Wow! I know we were in a bubble but Geeze lol

I don’t want any part of BBY. It should not be up after that report. Be careful. It’s heading to $40.

The best investment is T. Who would have thought . It’s one of the best performers this month lol

I just saw those homes sales. Not good for the market,

And yes on BBY. Not sure why you would buy here, when you can buy much lower.. They missed earnings and warned. It has no business being up. I can see it going to $25 where it was during covid drop. 

Just stay in UTES, Drugs and Oil. The rest of market will drop anorther 15-20. We are now in bear market territory. 

I trimmed all my 100 share lots in half and added more safety type names. Also have 40% cash and will add back in. But in no hurry to do so.