What Did You Buy Today?

[fenders53]

(08-18-2020, 07:30 AM)divmenow Wrote:

(08-18-2020, 06:50 AM)Wefenders53 Wrote:

(08-17-2020, 08:08 PM)vbin Wrote: Sold T puts today expiring in 3 weeks

Sold some about 5 weeks out because I already have a few three weekers.    Also sold an EXC and a IP put.  I am running out of things that interest much at these valuations so I am keeping it on the cautious side for the moment.

Well if I’m buying T you know I’m losing interest lol

But your 100% correct. Nothing is interesting at this time.  Maybe AFL and ADP. Very few buys out there. Just look at HD and WMT. They killed earnings this morning and there barely up. Stocks got way ahead of themselves. And without this stimulus checks where would this retailers be?? And once again no forward guidance. That tells you how hard it is to predict. If no stimulus checks are sent out a 2nd time look out. And I still say the presidential election is huge. If Biden wins look out below lol

Not sure I am buying the Presidential thing.  I say the music stops shortly after they stop printing money, whenever that is.  Conservative all my life, but if I am honest the only time I struggled there was a guy named George from Texas in charge.    I really don't want to escalate the politics here though.  It's already wrecked the fun practically everywhere I hang out.  We'll navigate it either way.  A good investor has to adapt.  And there will be stimulus checks.  You can delay them, but NOBODY wants to be credited with flaming the economy and markets right before an election. That is exactly what would happen if they don't bail out individuals and companies. The layoffs would be enormous and happen in 30 days. They don't have forever to come to an agreement.   

HD revenues were practically identical to the store where I work.  I'll make a mental note of that for the future.  HD will be fine, (see comment above, until the music stops).  Big box needs some more free money handouts.  It's starting to cool off for sure but still pretty good.