What Did You Buy Today?

[Otter]

(12-24-2020, 10:48 AM)fenders53 Wrote:

(12-24-2020, 10:41 AM)Otter Wrote: Deployed some 401k rollover funds today and bought equal portions in the IRA of BKH, BMY, CAH, CSCO, ED, FLIC, GILD, HII, IBM, INTC,  LMT, MMM, MRK, PFE, PPL, SPTN, T, VZ, WBA, WEYS, and XLE, then sold covered calls (Mid/Late January 2021 expiry) against most of the positions.

Hoping for some downwards price action on ABNB to add more shares there.

Busy day for you.  I like most of that except INTC.  That train wreck may be searching for a bottom for a good while.  Owned INTC for a decades but they better execute right very soon as that sector is not forgiving.

Apple's M1 chip is a serious threat on the consumer side. INTC is basically a defense contractor, though. National security infrastructure has too much riding on them to allow it to fail. Reminds me of when QCOM was in the $60s last year.