What Did You Buy Today?

[fenders53]

(03-20-2020, 05:29 PM)divmenow Wrote:

(03-20-2020, 03:35 PM)fenders53 Wrote:

(03-20-2020, 03:23 PM)divmenow Wrote: Who sold BP this week?? It may have been the only stock up today lol

I can’t believe some of the sell offs late in the day on some names. Crazy especially being triple witching Friday!!

I sold a lot of bp and put it all in McD and wen on the low which I sold near the high today.  Didn't do the math but may have worked out.

Great now you can go to MCD tonight and buy everyone a happy meal lol ?

(03-23-2020, 04:08 PM)kblake Wrote: So I'm beginning to see a pattern here. Some names have already bottomed and have rallied 25% or more off the lows.  Stocks like OHI, WELL, WEN, DRI, CBRL, RHP, FDX, UPS, UAL, EAT, VTR and others. Unfortunately I only own the ones that continue to go down off that cliff lol. My point is once a stock gets too low it will rally. So  be patient and continue to add to core holdings and good companies. They will come back with patience. But right now its hard to watch.

I added to JNJ, AWK, AEP, AAP and ETN

Took new position in HII, SYK and ABT

I wouldn't make a huge bet but some of the sectors are attempting to find a bottom. Even the hated sectors like oil and airlines will run out of sellers short of very significant bad news.  Industrials and other recession sensitive stocks show no sign of support yet.