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 

(05-17-2021, 07:56 AM)fenders53 Wrote: Here's a prediction.  HD and LOW will announce a good quarter this week, perhaps peak for this cycle.  Spring = Christmas compared to other big box retailers.  Absolutely brutal comps going forward and 5% growth for a year looks a little light for the current PE.  We shall see but I say down for the week, and probably sideways at best six months from today..  Today's Price mark HD 323 LOW 199 today.  I'll try to remember to drag this up at the end of the year whether I am right or wrong.

Well that started coming true literally 20 minutes after I posted it.  It's not a big secret they usually pull back after earnings.  They are just getting an early start I guess.  I'll be back in HD eventually but this looks like a less than optimal time to buy.  I just think people want to do things a little more exciting than painting the kitchen for the next few quarters.  Lumber prices are discouraging some of the typical spring out door DIY projects.  You need to win the lotto to build a large deck.  Lumber is the lowest margin Dept in the store so not an earthshaking effect on HD or LOW.  Still awesome companies longterm.

Added a few shares of GNRC again today. Hurricane season will be here soon so I need to add some every down day. Not bold enough to sell a new put as it isn't exactly cheap enough to be diving in 100 shares worth if the market turns south.