What Did You Buy Today?

[fenders53]

(05-11-2021, 09:12 AM)divmenow Wrote:

(05-11-2021, 09:08 AM)fenders53 Wrote:

(05-11-2021, 09:06 AM)divmenow Wrote:

(05-11-2021, 09:00 AM)fenders53 Wrote:

(05-11-2021, 08:47 AM)divmenow Wrote: Way to go...  . Join the ENPH club lol

I also took a new position in PXD thanks to the secondary at $153

I needed to add another name in the sector to go along with CVX and EOG

now the only other sector I'm underweight in is leisure 

Dude I am a charter member of ENPH.  I made a few hundred a month the past year selling short puts while it ran.  I have a few short puts that are WAY in the money after this bloodbath.  I can only roll forward so much before I own $140 shares.     I said here many times I was good with adding a real position starting at $125.  If I am honest I need ENPH to head back to $120ish to be back to even.  I wasn;t aggressive enough when it was truly cheap.  I'll add shares to my growthy port in the meantime.

Yeah yeah. What ever floats your boat   lol

I am very good with owning ENPH long-term.  How happy I am in the end very much depends on the entry.  We'll see where the bottom is soon enough.

Well me too. Got in at $108.90 

This will be a big winner for years to come.  You have to add at some point, so why not today. I don't worry about making a few $ here and there  . I'm in to win it lol 

Are we having fun today 

(05-12-2021, 11:56 AM)divmenow Wrote:

(05-12-2021, 11:02 AM)fenders53 Wrote: Added a little more QQQ and AVGO.  Decent sized starter position in PENN.  I'll add some DKNG when the falling knife act subsides.  Some of my sin stock tobacco money is headed to gambling but gradually.  Added some ARRY while it is getting destroyed today.  May nibble a bit more solar today.  I have a ways to go to fill that sector and now seems like an OK time to add while the reality of increased costs is settling in.

I will start to nibble on PENN at $45. No support until then. No reason to jump in yet. The shorts and hedge funds aren’t anywhere close to being done. And why would they. And all those margin calls will continue to be a burden. Cathie Wood sold most of her DKNG today at a big loss. All these so called experts are clueless.  They are no longer buying good companies. They bought the hype and now they have to sell those names to cover there losses thus putting more presume on the tech sector. SOXL may go under $10.  The correction has started. You have big down days, followed by a rally and then relentless selling again.  Put your money under your mattress for safe keeping lol 

Let’s not forget most people are cashing out now because they don’t want to pay those hefty capital gains hit. People are once again going to lose hope and the market will go down the tubes. This is a fear by most and it’s real.

I bought UVXY and bought some puts.

If I listened to your crystal ball I would never buy anything, except what you tell me to when you get bullish or bearish for a couple days then switch back.  I have a ton of cash.  I gotta average in sometime.  It's a much longer term game for me.  I don't liquidate my port and that has worked well.  When/if a new position I start dips I'll buy more if the long-term fundamentals it makes sense at that time.