I am buying the following stocks as of now Thursday 11:30 ET 2/25

You should take an action to love the down market. Buy? Short? Cover?


Buying is probably the right answer indeed. I was just smiling at the fact about how we (myself included) these days consider even a 2% or 3% drop off the highs being a "down market" as opposed to a 10%+ drop. We've been conditioned by the Fed's giant monetary stimulus to think stocks basically only go up. I weep for the day when it ends.

But yes, I would buy. :)
 
VZ, COST, AMD, PFE, HD. Not interesting stocks but I know them and I am comfortable buying them in this down market.

Oh, definitely HD and LOW. I gots a feeling their spring quarters will be nuts this year, because sooooo many people are going bonkers bored out of their minds, and the inside/outside Lawn and Garden departments especially will be killer. Maybe even break records.
 
I look at my loses today and start to sigh. But then I look closer...I've got covered calls on Apple (AAPL) at $120. and Choice Hotels (CHH) at $105...Both Jan 22. I've considered them lost and gone...Didn't really want to buy back the options. But in a few months, maybe buy back and do another covered call. These types are the bright spots in my portfolio...Who would have thought??
 
Back
Top