What Did You Buy Today?

[fenders53]

(05-26-2020, 03:48 PM)divmenow Wrote:

(05-26-2020, 03:35 PM)fenders53 Wrote:

(05-26-2020, 03:05 PM)divmenow Wrote: About time value had its day in the sun. PH love that move today!!

That was pretty crazy.  Of course anything I have sold the last six months was also up whether it is truly a dog or not 

Everytime you keep saying this market is crazy we go up. Keep saying that  

BTW You better start buying some oil stocks. They will be next to explode on the upside. Just saying  

HRL and CPB are names on my buy list. Hope they get cheaper as the market rotates. 

How about those banks?? Did I see that up wow .... Big moves lol

The market has lost all connection with economic reality.  This is why I am always invested though.  I might be crying I am too cashy but I never miss out on a strong up day.  If the market crashes I'll be ready.  If if goes up every week for the rest of my life, that will work too lol. 

There is only one other time I recall a market this irrational.  You remember 1999?  No this isn't just the same, but the PEs will sure rhyme when some of these companies fail to post a meaningful profit without massaging the earnings report.  And they conveniently ceased giving guidance because they know damn well it might happen for several quarters.

And nobody here thinks HRL is cheap. We just know it is one less stock to stress out a port. I'd be thrilled to add hundreds more shares at a better price if I get a chance. For now I will steal put premiums and I'll have a years worth of divs up front. I am impatient so I want to drip some shares before I even own the shares lol. And if I get assigned I'll qualify for a dividend a couple weeks later and drip some more shares. I like free shares.