What Did You Buy Today?

[saimash]

(07-09-2020, 02:16 PM)fenders53 Wrote:

(07-09-2020, 01:51 PM)divmenow Wrote:

(07-09-2020, 01:40 PM)fenders53 Wrote:

(07-09-2020, 01:33 PM)saimash Wrote:

(07-09-2020, 10:57 AM)divmenow Wrote: RTX yes. WBA May go in for a short term trade. Get my 3 points and get out lol 

Lot of stuff on sale today!

Thanks... How about Dominion Energy (D)... Its pretty low and has a good Yield right now

They are cutting Div fourth quarter.  I like your chances of getting it at $70 or less if you are still interested after you research recent news.

I agree with Fenders on D.  Once they cut the dividend that was it for me. The yield is isn’t even 4% yet. Let it come down some, then buy.  To me the defense contractors are the place to be buying some shares. LMT. NOC, LHX and RTX. Buy them when there hated.

In my imaginary world of perfect timing, I hope to end up a little overweight in the pure defense contractors soon on a market dip, then rotate some profits to RTX a quarter or two from now because I think it will be much slower to recover.   They all seem to move with the big industrials to some degree (whether they should or not).  I'm still hoping we can get a real rough market week this summer.  The FED moves and election craziness may be epic in SEP-OCT so I don't want to be trying to time that.

Added a little more LMT and LHX at the close.  Full position in LHX now and real close in LMT.

Thanks for the tips fender and divmenow... BTW, I keep reading about how you are at Full Position w.r.t a particular stock... What does that mean ?  (Stupid question) ;-)