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 

(07-10-2021, 08:17 AM)stockguru Wrote:

(07-10-2021, 07:25 AM)fenders53 Wrote:

(07-10-2021, 05:37 AM)ken-do-nim Wrote:

(07-10-2021, 04:08 AM)fenders53 Wrote: Mickey D's three times a week?  I was a neglected child lol.

BTW Chuck has a good YouTube vid on LYB.  He likes it.

Looking at their chart, I think being patient and waiting for them to dip into the low 80s, maybe even 70s, would be ideal.

I'm not buying them at this end of the biz cycle but we already had that conversation.  Just mentioned Chuck because he is good and I am fair and balanced like that lol.

Nothing is a buy right now. Nearly every stocks RSI is above 70 and higher. This market will give you buying opportunities soon. Just have to be patient and not get in that what ever I buy will go up lol 

Gold has come down lots even though its above 1800 now. That may be a place to add some trades. I wouldn't be long that side but you can make some money if you time it right. 

This month you have Transportation down 3.9%
Materials down 3.32%
Consumer down 1.59%

I would look into those names within those sectors. Everything else is over valued by 15-20% lol

PEG ratios are out of line compared to what I am used to.  It's hard to convince myself I am getting a deal when an overvalued stock pulls back 10%.  That is mostly what I have seen us jump on here, and it's been rewarded again and again.  Should be at least one more quarter of monster earnings.  We'll see if the market celebrates or yawns.  YOY COMPS are going to be murder in 2022.  What PE is good for a flat quarter?  It will be hard to ignore if a market darlin stumbles.