DislikedHere's a portfolio snapshot from 8/31 - {image} This doesn't include cash, which I've begun to think might offer some value here. I'm not short anything as I do tend to play from the long side, but i'm starting to look for things to short. This market has really been a long investor's dream, but I do wonder how long it can persist. Trees don't grow to the sky. Here are three stocks I've had my eye on. Two obviously based on the above acct snapshot I've already purchased, although extremely recently. The other I've mentioned in the past and have...Ignored
Post your Best Long-Term Stock Chart
I guess my last post makes no sense since I never posted IDTI here (I thought I had). I did buy it though. This was one from back in June that turned out pretty well. Will post my entry chart and (now) my exit chart.
From what I hear there's a chance that a bidding war could break out for this one, but honestly feels like there's more risk than reward here, so I ended up selling last week.
Entry:
Subsequent price action and Exit (shown on the daily chart so you can see the price action better):
From what I hear there's a chance that a bidding war could break out for this one, but honestly feels like there's more risk than reward here, so I ended up selling last week.
Entry:
Subsequent price action and Exit (shown on the daily chart so you can see the price action better):
2 positions:
1 new: BLL
1 larger: CHD
I was already long from $55.50ish but now i bought a few more here in the low $59s.
Both are partially hedged by owning out of the money puts (you could think of this as my stop loss point).
BLL: Jan $42.50 puts
CHD: Jan $55 puts
1 new: BLL
1 larger: CHD
I was already long from $55.50ish but now i bought a few more here in the low $59s.
Both are partially hedged by owning out of the money puts (you could think of this as my stop loss point).
BLL: Jan $42.50 puts
CHD: Jan $55 puts
I watched Jeff Gundlach's recent interview on RealVision and charted a few of his trades he mentioned and put a TA spin on them. Some of them look pretty interesting...
EM Looking cheap on a fundamental basis, but also breaking that downtrend line showing some relative strength vs. SPY for sure and
Issues w/ the corp bond market have been well publicized. Ground zero will be Junk rated companies. Interesting spot on the chart to me.
With exploding deficits how long before people start charging the US higher rates to hold our debt? he made some pretty interesting political comments here too.
All these charts look like the type you could execute with a pretty well defined risk parameters and stop yourself out if you're wrong and wait for a better entry point.
EM Looking cheap on a fundamental basis, but also breaking that downtrend line showing some relative strength vs. SPY for sure and
Issues w/ the corp bond market have been well publicized. Ground zero will be Junk rated companies. Interesting spot on the chart to me.
With exploding deficits how long before people start charging the US higher rates to hold our debt? he made some pretty interesting political comments here too.
All these charts look like the type you could execute with a pretty well defined risk parameters and stop yourself out if you're wrong and wait for a better entry point.
- #195
- Mar 10, 2019 4:38pm Mar 10, 2019 4:38pm
- Joined May 2012 | Status: CoC'd again ! | 8,578 Posts
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
- #198
- Mar 14, 2019 3:32am Mar 14, 2019 3:32am
- Joined Jan 2009 | Status: Learning life... | 8,355 Posts
If loving Fastenal is wrong, I don't want to be right. {image}
Memories caught in time but never forgotten
- #200
- Mar 14, 2019 6:58am Mar 14, 2019 6:58am
- Joined Jan 2009 | Status: Learning life... | 8,355 Posts
Not at all jay -- Stop in anytime. You trading any US stocks? It's pretty much most of what i do in mkts these days...
Memories caught in time but never forgotten