What Did You Buy Today?

[divmenow]

(05-04-2020, 01:12 PM)fenders53 Wrote: Last week's CBRL short is working out nicely.  If it was a straight up share short I'd close it today but I need to wait for a few more days of option time decay.  I always use spreads to ensure my potential loss is very limited.  I do want to get long CBRL but I just can't do it way up here.  I think they will be just fine in the end.

Nibbled back some ALE-CAT-MRK shares.  I don't think CAT is that attractive above $100.

Cat is a must add in that $90-93 range if the economy can remain stable. If things get really bad it can go to $60.  History says so. I don't own it. I have done very well over the years with DE. I prefer that name over CAT. Always have. I wouldn't buy DE here either 

And when XOM is leading this market you know something is wrong there lol

I'm not touching any names that have already run from the bottom. Most of those earnings look horrible going forward and its going to take years before you see them growing at 4-5% again. Restaurants have no business going higher. Airline's are dead for years and all those companies taking bailout money will suffer and add to debt. No thanks!

I want the names that have solid balance sheet and have paid the dividend consistently for years and big key for me is the CEO. Without a good CEO I wont touch the stock. I try and buy top 100 CEO's. I know that's not a big deal for most but for me it is 

Growth is where its at. Like AMZN, FB, MSFT, ADBE. Yes those fang names. Hate them but love them at the same time!!