What Did You Buy Today?

[fenders53]

(01-07-2021, 12:21 PM)vbin Wrote:

(01-07-2021, 11:39 AM)fenders53 Wrote:

(01-07-2021, 10:42 AM)EricL Wrote:

(12-31-2020, 10:41 AM)EricL Wrote: In my trading IRA I sold out of my positions in MO and COR and used the proceeds to add to GBTC and open new positions in CRSP, EDIT, NTLA, NVTA, and PACB.

One week later.

GBTC +42.6%
NTLA +37.7%
PACB +24.0%
EDIT +20.0%
CRSP +19.7%
NVTA +5.0%

This market is loco.

This ends really bad.  In the meantime we make some money.

This can continue longer than any of us think. Biden already mentioned  another check. I am sure they will send one more check in March April if people aren't happy and politicians think economy isn't where they would like it to be. Who cares about deficit or inflation or what might follow.

Look at Tesla, the size of It and the way it's been running. Kicking myself for not catching the momentum cycle. Toyota's CEO put it nicely recently that EVs are more harmful to environment than a fuel efficient gasoline car. Think about where energy comes from, plastics, batteries, how batteries are disposed? It's a beautiful marketing gimmick and offcourse it's the cool car.

Bought back XOM calls before they started running out of profits. Added more LMT, Bought a little TXG, BEPC, SRE(thanks Eric, both look like wonderful stocks)

Gotta decide if this is gambling or investing.  There will always be a MOMO stock you wish you bought last year.  Bubbles pop and good companies take 10+ years to get back to even if you are holding the bad.  The backdrop is right for EV again, but I know I already missed the bus.  I'm am not going to get a 10 bagger buying now.