What Did You Buy Today?

[divmenow]

(03-24-2021, 01:06 PM)fenders53 Wrote:

(03-24-2021, 12:40 PM)Otter Wrote:

(03-24-2021, 12:38 PM)fenders53 Wrote:

(03-24-2021, 12:21 PM)ken-do-nim Wrote:

(02-25-2021, 10:25 AM)fenders53 Wrote: I haven't researched it.  Hadn't heard of it until you and Otter were discussing it last week.  I am trying to not add too many more new names.  We'll see how long that lasts. 

What I need is for tech to get hammered for real again, but this market is resilient.

Very small trades this morning.  Added a few shares to DG-ARKF  Sold a few SLV puts.

(03-24-2021, 09:24 AM)Otter Wrote: Started a new position in AMZN.

I've been wanting to get back into Amazon, but as you know even one share is over $3K.  It skips the whole "starter position" and "junior position" phases and jumps right to "big investment" But no rush I suppose since it hasn't had any price movement since July of last year.

I added 10 more shares of TSM like everyone else today.

Just do as you're told and we'll suffer together.     I added TSM for the second time today.  Tech has no conviction so keeping some dry powder.  Wish it would roll over and be done with it.  I added some VSTO shares as well.  I have conviction the next quarter will be another blow out but politics are in play now so we shall see.     

AMZN is never a bad buy, but I am waiting for some mediocre comps before I add much retail.  AMZN is much more than retail but it still counts.  I don't want to trade everything in my port and retail is looking stretched after Stimi is spent.

Funny, as the retail aspect of the business is the least appealing to me. If AMZN gets broken up like Ma Bell, I'll be most interested in keeping shares in the company that gets AWS.

I completely agree but the market will be critical if retail loses significant steam.  Same with HD and TGT.  Ridiculous comps a few quarters ahead and there will be a reckoning if you pay way too much. I think all of the above are awesome companies BTW.  I just don't see them as deals from here.

And yet HD still only has a forward PE of only 18. So not expensive at all compared to the market and other stocks. Especially with it's growth rate. It could trade at $350 and still be cheap   . Stimulus checks will be headed there way and spring and summer is here. Don't hate on HD 

And I agree it has had a big run. Straight up from $250 to $294 now. But HD is HD. And do I expect pullbacks along the way. Sure!