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I have been trimming positions all day
Posted on 2/2/23 at 12:39 pm
Posted on 2/2/23 at 12:39 pm
So we will probably go on the greatest bull run in our history
I think I was too heavy in individual stocks
I have a little identity crisis I don't know what I want my portfolio to look like
I think I was too heavy in individual stocks
I have a little identity crisis I don't know what I want my portfolio to look like
Posted on 2/2/23 at 1:11 pm to thelawnwranglers
SPY is hitting "over bought" territory today. Probably not a bad idea.
About 75% of my positions in my options account are currently short positions. FYI.
About 75% of my positions in my options account are currently short positions. FYI.
This post was edited on 2/2/23 at 1:12 pm
Posted on 2/2/23 at 5:20 pm to thelawnwranglers
Congrats
What usually happens you end buying those same positions back at a higher price.
Posted on 2/2/23 at 6:45 pm to FLObserver
quote:
Congrats What usually happens you end buying those same positions back at a higher price.
I won't do it directly probably buy etf to save pride lol
Schwab has robot that will rebalance between ETFs maybe time to do that
Posted on 2/2/23 at 9:40 pm to thelawnwranglers
I would make a financial plan with specific financial objectives. Compartmentalize your portfolio to each objective (where risk, return and timeline need to match up to the desired outcome). Let that be your North Star. Portfolio follows plan. Floating in the wind can be expensive.
Posted on 2/2/23 at 9:48 pm to thelawnwranglers
quote:
I have been trimming positions all day
I’m not sure if you’re trading or doing that in an investment account. But if you’re (shorter term) trading and are just taking profits now, I can’t say that I blame you. You haven’t really made (or lost) money until you ring the register.
Posted on 2/2/23 at 10:12 pm to thelawnwranglers
I trimmed late last week. Trying not to think about it.
When are Boeing and the MJ ETF coming back from 2017 numbers?
When are Boeing and the MJ ETF coming back from 2017 numbers?
Posted on 2/3/23 at 6:49 am to thelawnwranglers
Yesterday was the first time in about a year I did a small amount of rebalancing. Didn't take any cash out of the market, however.
Posted on 2/3/23 at 7:48 am to thelawnwranglers
Good call, wouldn't be surprised if today is Black Friday with that ugly jobs print we just got.
Posted on 2/3/23 at 8:24 am to thelawnwranglers
Good time to grab some OXY
Posted on 2/3/23 at 10:19 am to LSUAngelHere1
quote:
Good time to grab some OXY
Uncle Warren and Berkshire have a floor underneath OXY at 60. Anytime oxy gets near 60, buy it
Posted on 2/3/23 at 6:21 pm to Triple Bogey
quote:
Uncle Warren and Berkshire have a floor underneath OXY at 60. Anytime oxy gets near 60, buy it
Exactly
Posted on 2/3/23 at 11:54 pm to thelawnwranglers
I bought a ton of March SQQQ calls that are already up 30%. Will hold for 4-500% before I sell.
Posted on 2/4/23 at 8:39 pm to bayoumuscle21
Not being nosy, but what kind of strikes are we talking about?
Posted on 2/5/23 at 8:45 am to Triple Bogey
quote:
Uncle Warren and Berkshire have a floor underneath OXY at 60. Anytime oxy gets near 60, buy it
Warren and Berkshire have been horrible with OXY. Owned 18% of the company in 2020 and sold all of it.
Posted on 2/5/23 at 8:48 am to go ta hell ole miss
I bought OXY limited research fingers crossed lol
Posted on 2/5/23 at 12:31 pm to go ta hell ole miss
quote:
Warren and Berkshire have been horrible with OXY. Owned 18% of the company in 2020 and sold all of it.
Warren has been adding. Where did you see that he sold?
OXY has been my most profitable stock the past 3 yrs.
This post was edited on 2/5/23 at 12:32 pm
Posted on 2/5/23 at 4:26 pm to LSUAngelHere1
quote:
Warren has been adding. Where did you see that he sold?
I read it in almost every financial news organization in the world in August 2020. He sold at the worst possible time only to buy back in and cost his fund about $2 billion at one of the worst possible times. If you are following Oxy because of Warren you are misguided. Yes, it has been profitable lately, but Warren has missed on this trade twice, so just because he is adding more is most definitely not automatically a good sign.
Posted on 2/5/23 at 5:11 pm to bayoumuscle21
quote:This is a sure way to lose 100%
I bought a ton of March SQQQ calls that are already up 30%. Will hold for 4-500% before I sell.
Posted on 2/5/23 at 8:59 pm to Jag_Warrior
quote:
Not being nosy, but what kind of strikes are we talking about?
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