What Did You Buy Today?

[fenders53]

(03-17-2020, 01:31 PM)divmenow Wrote:

(03-17-2020, 12:55 PM)fenders53 Wrote:

(03-17-2020, 12:36 PM)divmenow Wrote:

(03-17-2020, 12:12 PM)fenders53 Wrote:

(03-17-2020, 11:35 AM)divmenow Wrote: Nice buy. I got in at $10.14. Only bought 50 shares because I didn't know if would go lower lol

It will be at 8 before we eat breakfast tomorrow.  
  
Not worth listing tickers but I trimmed some shares from five or so positions I bought lately.  Up 10% in a day and the market trust is gone lol.  I am nibbling more restaurants today if the market doesn't fly high this afternoon.  Otherwise on the first market dip in 3-2-1 lol  Restaurants are way past rational if they lose money for two quarters.

I sold all the utilities i bought the last few days. Made 15% or more on each. Take it while I have a nice profit. I'm only down .08 percent for the year now. I will take it 

Which restaurants are you looking at?

Bought O, BIP and MO

I'd take that too.  Do you actually invest DGI or just trade?  That's an amazing return no matter what.  I am beating the market with option income, but nowhere near even for calendar 2020.  I'll always keep core UTEs, but they are too expensive to pretend they are a safe haven now.  They proved they aren't last week as I expected.   

Most or all of CBRL, MCD, DRI, WEN is where I likely land.  I'm open to other suggestions.  I need to update my research and check debt before I determine %.  I'm willing to be patient.  a 90 day or less partial BIZ interruption is not going to BK them.   At the end of all this I have to spine up and pick a few sectors to overweight a bit.

I traded in and out a lot in the past few weeks and had big returns in the gold and utilities names I bought. Once the news on the corona virus hit and rates were at an all time low, I knew I had to make a change and get out of anything that would have been affected. That included restaurants, retail, rails, ect. I sold everything in certain sectors and decided to just invest in GOLD and Utilities until the air cleared. I did by some other names and got in and out with profits. I have my list made and am planning to get back into some of those name. Yes to only be down less then 1% is a miracle lol. With the proceeds I made I put the money in companies like MO, O, and NEM. 

If I showed you my to buy list it would be 5 pages long 

I like MCD and am closely watchinging it. I think the drive through will thrive and do well in times like this.

You done good. Missing a crash or two through your career matters. I missed most of the financial crisis. And yup, big money will figure out soon restaurants are just overdone.  I get it, I might be down next month.  I'm investing and that's OK. I was pumping DOW here because it was obviously WAY too cheap.  It's up about 25% today.  Too bad I didn't buy most of it yesterday.