What Did You Buy Today?

[Otter]

(02-10-2021, 10:08 AM)ken-do-nim Wrote:

(02-10-2021, 09:30 AM)stockguru Wrote: Sold TLRY and APHA in the pre-market

Kept 25 TLRY in case they run it up to $200

I just bought TLRY at $24 last week and sold it at $68 and APHA from $17.89 to $30 lol

Market is nuts. I feel one day it will be down 2000 points

I will put those proceeds in LMT and LHX

I just looked at TLRY and APHA and I'm stunned.  Out of nowhere, they are shooting into orbit.  Combine this with the madness I'm seeing on SHOP (Shopify) and a few others, and I have to say I agree the market is out of control.

Should we all get into cash for a bit (damn the tax implications)?

I'm not concerned until I see a sign that central banks intend to reduce the money supply, or otherwise slow the velocity of existing money through the system. Presently, all signals point in the opposite direction. 

Bubbles will no doubt get inflated, but that has happened pretty regularly since 2008. "Taper tantrums" happen when the spigot gets tightened. 

Granted, other than a 12-hour foray into GME, and my ABNB/PLTR positions, I'm not chasing these high/no P/E bubblers.