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 

(06-16-2021, 03:09 PM)crimsonghost747 Wrote:

(06-16-2021, 01:19 PM)divmenow Wrote: Powell is an A hole lol What a premature for Powell to say about a possible couple rate hikes 2023 ??

What else can he say?
Inflation is kicking up and interest rate hikes are the most effective way to keep it under control. But you can't raise rates now since that would be destructive to a market riding ridiculous leverage at all-time highs.

So you say "yeah we will see end of 2023" and then keep pushing it forward when necessary.

He is getting smarter.  He left himself room to change his mind.  The market could be choking on $125 oil a year from now.  I don't expect that, but the point is we don't know as much as we think we know a year from now.  He left himself wiggle room on inflation rather than pretending like it will surely go back to 2% in a couple months.  His comments lately were disingenuous IMO.