What Did You Buy Today?

[fenders53]

(11-23-2020, 08:21 PM)vbin Wrote:

(11-23-2020, 06:24 PM)fenders53 Wrote:

(11-23-2020, 01:57 PM)divmenow Wrote: Added some more BABA, TMO, JNJ, LLY, and NEE

I just keep adding to my core holdings on dip days, until I see other names come down to add. They have to at some point right lol

Starting to  think the end of 2020 story is rotation from week to week.  Have to settle for small pullbacks maybe?  I will keep playing the casino for now.  Staying out of sketchy stuff with real money though.  Core positions are good.

Risk seems to be on the downside in a lot of equities now. Early December fund managers need to raise cash for year end sattlements and distribution. One article on SA claims all time low cash levels with fund managers indicating some sort of activity to raise cash. Let's see.

The day will return when we get real volatility.  I'm just not so sure it is this year.  We are smart enough to know for sure the real economy is wounded in a number of sectors and they will cover it up with stimulus at some point, at least one more time.  I'll be sorry if I have excessive cash that week.  Whether fund managers have too much cash now I don't know.  I'm skeptical.  The entire market really hasn't went significantly up for months.  A few percent swing is mostly meaningless to me.   Much of FAANG has been treading water for awhile now. It's mostly been a rotation to stocks still off their highs of almost a year ago.