05-01-2020, 12:01 PM
Just some ore opinion here. The monopolies that dominate the indexes have all reported this week and we get some earnings reports from the companies exposed to the real pain outside their control the next few weeks. I think the market will take a break from being drunk until the FEDs next trick. Powell is nowhere near done yet for sure. Buying a few shares of my stocks today that are down 5-10% today from when I trimmed very recently. Mostly UTEs and boring highish yield cyclicals that can pay their Div a few more quarters. Literally just a lot of trades of a few hundred dollars until that stops working. If I got one thing right it was selling off my industrials down to tiny positions. I look forward to adding them back very gradually. They are going to pullback with the economic reality IMO. We'll see.