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Post by anitya on Mar 28, 2024 21:45:00 GMT
Bought to keep an eye on UTHR, a biotech company that trades at 12 P/E and has seen relentless insider selling (without a single buy) over the past five years yet doubled in price over that time. May be forum members can look into whether this is a worthy consideration for real money.
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Post by mnfish on Apr 2, 2024 11:20:48 GMT
Sold about 20% of my ORCL, my 2nd largest holding, @ $126. Trading at 34x and just taking some off.
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Post by uncleharley on Apr 2, 2024 14:23:36 GMT
Sold my position in TQQQ this morning for $59.66 per share. That books about a 1% loss on a short term trade. The price dropped below a trend line and I have a better use for the money.
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Post by retiredat48 on Apr 3, 2024 5:08:45 GMT
anitya, mnfish, uncleharley,richardsok...OK all you "traders"... take a look at charts for: --PSCE Invesco Small Cap Energy ETF. Stockcharts T. Bowley likes a lot--good chart if breaks out to upside. In down small caps market today, it went up. --PSCI Small cap Industrials. Ditto. Has already broken to new highs. Sold off in last two days. R48
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Post by mnfish on Apr 3, 2024 11:07:44 GMT
I'm not much of a "trader". I've held ORCL since 1996 and this is the third time I've sold some.
FWIW, Wells has been recommending Energy, Industrials, Materials and Healthcare for a while now. I created a Materials watchlist on 2/9 and most are up nicely. As a mostly chicken-hearted investor I'm still waiting for a pull-back.
APD +9.1% EMN +20.9% EXP +8.5% JCI +18.9% LYB +9.7% SUM +12.4%
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Post by uncleharley on Apr 3, 2024 13:10:14 GMT
I thought I had posted this yesterday, but apparently, I did not. Yesterday I opened a position in PDBA at $35.82 per share. The move adds to my diversity and long term potential.
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Post by richardsok on Apr 3, 2024 15:38:52 GMT
I've been remiss in posting trades lately. Other interests/distractions etc. My thinking du jour --
With future grid demand projected to greatly exceed our generating capabilities (from EVs and AI, especially) energy producers seem to be investment opportunities today, especially if they distribute good dividends. Sun & wind are hopelessly inadequate. I have started poking around nuclear producers, despite my ignorance of the companies. If we are determined to maintain AI and EV growth, nuclear seems inevitable. The only decent ETF I can find is NLR, which is more volatile than I like, but does have a good longer term trajectory, so I'm making an initial buy there.
Also made a buy in EQNR. Good numbers and strong, fully earned dividend.
Other compelling themes for the future, IMO, are crypto and gold. Deficits aren't just growing; they're accelerating. I also believe in productive farmland. Interesting that FPI continues moribund. Worth watching, though.
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Post by chang on Apr 3, 2024 16:11:25 GMT
I didn’t realize Equinor’s yield was as high as 4.52%. I have a small holding (for quite a while)… I will think about increasing it.
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Post by retiredat48 on Apr 3, 2024 23:25:13 GMT
richardsok,et al...checkout CCJ Cameco Corp...uranium...for trading in nuclear space. Disclosure: I have been promoting ccj for a couple years; but note I do not buy individual stocks. R48
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Post by anitya on Apr 5, 2024 18:27:00 GMT
Sold my position in TQQQ this morning for $59.66 per share. That books about a 1% loss on a short term trade. The price dropped below a trend line and I have a better use for the money. UH, selling anything going into the weekend? Do you see anything worth selling to take some chips off the table (not to short) even if you do not own? I wanted to sell some energy stocks and replace with call options but they look very expensive.
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Post by uncleharley on Apr 5, 2024 19:48:56 GMT
Sold my position in TQQQ this morning for $59.66 per share. That books about a 1% loss on a short term trade. The price dropped below a trend line and I have a better use for the money. UH, selling anything going into the weekend? Do you see anything worth selling to take some chips off the table (not to short) even if you do not own? I wanted to sell some energy stocks and replace with call options but they look very expensive. I have shifted some money to Commodities based ETFS based on YTD performance of a broad array of commodities. My thought is that climate change is bullish, long term as well as short term for Ag commodities. My choice for the proceeds from TQQQ was PDBA. I am not taking any chips off the table at this time. My short term expectation for the broader market is for consolidation in the broad index and strength in small/Mid caps as well as many commodities. "IF" I owned any Bio-Tech I would consider selling it, but I don't own any.
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Post by anitya on Apr 5, 2024 20:42:14 GMT
Thank you, uncleharley . In the I do not know what I am doing category, I bought RIVN (Rivian) today to keep an eye on it. If I get around to doing any research, I will add; otherwise, I will just watch price action. I know it is a strange time to spend time on an EV company when the world has moved on but my F (Ford) position has not done anything meaningful since my purchase in mid-Oct.
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Post by anovice on Apr 6, 2024 15:27:42 GMT
Sold my position in TQQQ this morning for $59.66 per share. That books about a 1% loss on a short term trade. The price dropped below a trend line and I have a better use for the money. UH, selling anything going into the weekend? Do you see anything worth selling to take some chips off the table (not to short) even if you do not own? I wanted to sell some energy stocks and replace with call options but they look very expensive. anitya, I have been looking to buy energy! May I ask why you want to sell some energy stocks?
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Post by anitya on Apr 6, 2024 17:36:16 GMT
UH, selling anything going into the weekend? Do you see anything worth selling to take some chips off the table (not to short) even if you do not own? I wanted to sell some energy stocks and replace with call options but they look very expensive. anitya, I have been looking to buy energy! May I ask why you want to sell some energy stocks? Israeli stock market is holding up well. Unless someone has inside Israel Govt information, i do not know how to handicap a short term catalyst for crude prices to keep going up. This is a volatile sector for my temperament and so I prefer to trade it. But you should read my other post(s) about my prowess in selling. Having said that to my eye chart technicals look strong - confirm with the gurus though.
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Post by richardsok on Apr 8, 2024 20:13:10 GMT
As I am already holding a position in GGN, I opted for GNT today -- the only fund I know where one can get exposure to precious metals and energy at 15% discount.
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Post by uncleharley on Apr 9, 2024 1:43:22 GMT
A buy limit order filled in after hours trading for a few shares of MJ at $4.28 per share.
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Post by anitya on Apr 10, 2024 15:28:07 GMT
Anyone trading today’s market?
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Post by richardsok on Apr 10, 2024 16:33:35 GMT
Anyone trading today’s market? Just ordered from APMEX another 1 0z gold PAMP Fortuna bar. Took gains on SPE. Added to PDBA. Reports of three interest rate cuts this yr looking premature.
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Post by uncleharley on Apr 10, 2024 17:24:35 GMT
Anyone trading today’s market? Just ordered from APMEX another 1 0z gold PAMP Fortuna bar. Took gains on SPE. Added to PDBA. Reports of three interest rate cuts this yr looking premature. I don't have any money but my PDBA is up .5%. VIX is up 3.6%. Buy when others are fearful?
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Post by anitya on Apr 10, 2024 18:32:03 GMT
Just ordered from APMEX another 1 0z gold PAMP Fortuna bar. Took gains on SPE. Added to PDBA. Reports of three interest rate cuts this yr looking premature. I don't have any money but my PDBA is up .5%. VIX is up 3.6%. Buy when others are fearful? Is there a particular time of the day when the B-A spreads on PDBA are more normal? Given BRK has been averaging down LSXMK, I figured I should escalate their commitment. I bought some on my own today. You know I already own a full size position of BRK.
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Post by uncleharley on Apr 10, 2024 19:34:41 GMT
anitya, "Is there a particular time of the day when the B-A spreads on PDBA are more normal?" I don't know of a time when the spreads are more normal, but the spreads seem to be the widest in after hours or early hours trading.
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Post by win1177 on Apr 11, 2024 13:37:32 GMT
After the increase in inflation data associated with the CPI yesterday, decided to add a little to our bond positions. Buying more VWIUX as rates spiked yesterday. Had been holding a little “extra” cash, but with rates going up, will move some cash to longer term fixed income positions.
Anyone else adding to bonds/ fixed income here???
Win
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Post by steelpony10 on Apr 11, 2024 18:58:40 GMT
win1177 , I add to fixed income and cash every month to keep driving “safer” investments higher. Our VTI is for later life issues if we need it. I labeled that section “here today gone tomorrow”. I think we have a long while before the next step up in equity values. Oldies can’t wait for that, youngsters (under 55) should take advantage of this lull. Looks like a 1968-1982, 1999-2011 type period to me. So 2020-?
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Post by win1177 on Apr 12, 2024 0:30:54 GMT
win1177 , I add to fixed income and cash every month to keep driving “safer” investments higher. Our VTI is for later life issues if we need it. I labeled that section “here today gone tomorrow”. I think we have a long while before the next step up in equity values. Oldies can’t wait for that, youngsters (under 55) should take advantage of this lull. Looks like a 1968-1982, 1999-2011 type period to me. So 2020-? I agree! I’m still not “too old”, just 65, but recognizing I’m getting older every day and with several heath issues (high BP, CAD, mild AODM), won’t be here “forever”. So I retired with a very aggressive portfolio, about 5% in fixed income, maybe 7-8% in cash, rest is in equity. We have a very large portfolio, much more than we should need, but I’m starting to “tamp down” the volatility a little. With rates heading back up recently, I’m adding to fixed income. Equities look “very expensive” to me! Win
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Post by keppelbay on Apr 12, 2024 3:31:01 GMT
AFT, a senior floating rate CEF, was resilient in the face of the last couple of days of fixed income repricing.
AFT along with AIF is likely to merge with the Micap Financial BDC (MFIC). I was intending to get out before that happens, so I took the opportunity to book a profit and get out today. 5.5% total return in 2 months is OK.
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Post by anitya on Apr 12, 2024 8:19:04 GMT
win1177 , I add to fixed income and cash every month to keep driving “safer” investments higher. Our VTI is for later life issues if we need it. I labeled that section “here today gone tomorrow”. I think we have a long while before the next step up in equity values. Oldies can’t wait for that, youngsters (under 55) should take advantage of this lull. Looks like a 1968-1982, 1999-2011 type period to me. So 2020-? I agree! I’m still not “too old”, just 65, but recognizing I’m getting older every day and with several heath issues (high BP, CAD, mild AODM), won’t be here “forever”. So I retired with a very aggressive portfolio, about 5% in fixed income, maybe 7-8% in cash, rest is in equity. We have a very large portfolio, much more than we should need, but I’m starting to “tamp down” the volatility a little. With rates heading back up recently, I’m adding to fixed income. Equities look “very expensive” to me! Win In terms of asset allocation, I would count pension and SS income as fixed income, even as if income from perpetual US treasuries. Of course, there may be restrictions on how much of those phantom assets you may be able to transfer to your spouse.
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Post by liftlock on Apr 12, 2024 13:52:04 GMT
I agree. I calculate the present value of my guaranteed income sources and consider it a low volatility allocation to fixed income. I also calculate the % of my total income that is generated by guaranteed income sources. This makes me comfortable in having a heavy allocation to volatile equity assets in the rest of my investment portfolio.
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Post by richardsok on Apr 12, 2024 15:59:42 GMT
Technicals continue weakening. Realized gains on SPE, which was my last broad market ETF, other than CLSE which is partially inverse. GGN continues strong. Added another bit.
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Post by uncleharley on Apr 12, 2024 16:09:24 GMT
I found some money in my couch and added a few shares to my MJ position. The price has bounced up from a volume based support level with a FIBO support for confirmation.
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Post by liftlock on Apr 12, 2024 17:58:17 GMT
Equities look “very expensive” to me! Check out the long term "Stock Market Trend" spreadsheet found here: www.financialarchitectsllc.com/resourcesAs of Dec 2023, it looks like equities are inline with their long term trend.
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