05-06-2021, 03:05 PM
(05-06-2021, 01:29 PM)ken-do-nim Wrote:(02-25-2021, 10:25 AM)fenders53 Wrote:(02-25-2021, 10:00 AM)divmenow Wrote: Bought some LDOS. Between the earnings miss and short report I haven’t seen it this low in a while. So I said why not lol. You in on this one too Fenders ?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.
(05-06-2021, 01:04 PM)fenders53 Wrote: Market is not playing at all on the spec stuff. High PE or no PE stocks will be take behind the woodshed for a beating if the path forward is not extremely positive. Falling knives everywhere. It's nothing personal against any particular stock's story. I grabbed a PLTR put at $18.50 next week. I'll probably eat it but the premium was good.IMO a whole lot of stocks have some 20% downside coming for no specific reason.
I think you are right. I stopped the bleeding on LABU, full of (speculative) biotech, and put the remaining money into NAIL, which is full of strong non-tech companies.
Why do you keep buying these ETF'S like NAIL and LABU? You really like to gamble with your money don't you
The housing sector is sitting at a bubble right now. All those home builders are sitting at all time highs and eventually will come crashing down lol. That ETF top holding is a Government security bunds and its 19% of its portfolio. And 4 of the other top holdings are treasury's. That should tell you something. Even the fund manger knows that sector is at the top lol
Mine as well Just buy HD or LOW
