What did you trade today and why?

[dobig]

Bought SPMO and SCHG on the dip.

 

[dobig]

Added QQQM to our growth basket in retirement account. Fully invested.

 

[joejetski]

No moves the past couple of days. Sitting on my hands watching my positions creep back up.

 

[Souschef]

I just sold my ADP to fund a QCD for Angel Flight West. I am trying to weed all the losers from my holdings.

 

[Fermion]

Youse guys made me look at my TXN holding. It's one of the smaller positions, because it has not grown much.

I have a gain on it because I have had it a long time. I neglected it, because when I look at either my brokerage screens or the Quicken screen, I am drawn to the stocks that go up or down the most.

Well, it just muddles along. I will let it be. Or I can look into doing some puts/calls on it for a change from volatile stocks like MU. Who says one cannot make a bit of option money on lethargic stocks? It's even safer on slow stocks, right?

TXN up pretty big since we discussed it a couple days ago. I think it closed today at $215 and we were talking about it at $197. Maybe time to write a $220 call?

 

[NW-Bound]

I dunno. It is 99% certain that I am getting beaucoup stocks assigned tomorrow. So many of the calls are deep in-the-money that I am up only a measly 0.1% or so 0.2%, while the S&P is up 0.63%. So, I am holding on to this TXN for now.

But YTD, I am still up really well. I have to wait till month's end to post in another thread though. Who knows, we may be all in the red by then. This market is crazy, there's no telling what happens day to day.

 

[Montecfo]

I just sold my ADP to fund a QCD for Angel Flight West. I am trying to weed all the losers from my holdings.

I sold ADP and PAYX, longtime holdings both, when they began falling inexplicably. Didn't know why then but seems like it was the general takedown of software by AI fears.

Glad I sold.

 

[COcheesehead]

Bought in an IRA 79466LAV6
A2 rated. Stable outlook. 6.4% coupon. Buy yield 6.25%

 

[COcheesehead]

Added GOF @10.595

Nice timing

 

[AudiDudi]

Nice timing

One has to stumble into good timing occasionally.

 

[dickoncapecod]

Maybe...just maybe....significant selling/downside for bondish CEFs has run out of steam. "Bored" isn't quite the right word, but folks who's hair burst into flames over oil prices and inflation SOLD and are out. Other generalized war fears have quickly become passe ---- do you sell bondish CEFs if warring parties start lobbing bombs at each other again? And the administration has clearly become bored with the war and has no interest in continuing. It just strikes me that the war-inflation trades are worn out relative to bondish CEFs. ---- stocks may be a different story.
Regards, Dick

 

[Flieger]

Maybe...just maybe....significant selling/downside for bondish CEFs has run out of steam. "Bored" isn't quite the right word, but folks who's hair burst into flames over oil prices and inflation SOLD and are out. Other generalized war fears have quickly become passe ---- do you sell bondish CEFs if warring parties start lobbing bombs at each other again? And the administration has clearly become bored with the war and has no interest in continuing. It just strikes me that the war-inflation trades are worn out relative to bondish CEFs. ---- stocks may be a different story.
Regards, Dick

If you think this (military action) is over, I have a bridge to sell you….

Flieger

 

[dickoncapecod]

If you think this (military action) is over, I have a bridge to sell you….

Flieger

As I said, I have no idea whether it's over ---- but I think it's impact on bondish CEF prices is seriously diminished.
Regards, Dick

 

[surprising]

If you think this (military action) is over, I have a bridge to sell you….

Flieger

The market speaks. Even with uncertainty over this ceasefire and other bad news, market continues to go higher. It is possible the market is seeing past the war now.

 

[marget]

The market speaks. Even with uncertainty over this ceasefire and other bad news, market continues to go higher. It is possible the market is seeing past the war now.

yes, the market is trying to see past the war (for) now... at this moment in time only
there is a window for now

 

[marget]

As I said, I have no idea whether it's over ---- but I think it's impact on bondish CEF prices is seriously diminished.
Regards, Dick

there is a window for now; it will not last
the only thing i'm focused on is the ex-date on 4/13.
Depending on how they rebound will depend on the stop loss marks I set.

 

[marget]

SWOON --- 3/30/26 I only used charts that are NOT adjusted for distributions

PDI---- dropped 13%
PAXS--- dropped 17%
PDO----dropped 13%
PFN--- dropped 14%
PTY--- dropped 16.8%

The reason I mention this is b/c those are marks that will come into play for the next swoon.
PDI's low was 16.50. This mark will be in play for the next swoon.

If anyone thinks that the swoons are all over----then I have another bridge to sell you.
People need to know where they want to position these Pimco CEFs.
I wish you all well

BUT--- we do have a window for a bit of time. I need to make use of it in a way that makes sense for me.

 

[Montecfo]

I think the swoon in these high yielders was based on chages in interest rate expections. They wil tend to be sensitive to that.

 

[rjsos5]

SWOON --- 3/30/26 I only used charts that are NOT adjusted for distributions

PDI---- dropped 13%
PAXS--- dropped 17%
PDO----dropped 13%
PFN--- dropped 14%
PTY--- dropped 16.8%

The reason I mention this is b/c those are marks that will come into play for the next swoon.
PDI's low was 16.50. This mark will be in play for the next swoon.

If anyone thinks that the swoons are all over----then I have another bridge to sell you.
People need to know where they want to position these Pimco CEFs.
I wish you all well

BUT--- we do have a window for a bit of time. I need to make use of it in a way that makes sense for me.

@marget
Ouch! Several tried as I recall from time to time to caution on the CEF thread since late last year and gave up. But quick question, since this is not the CEF thread, why then continue to invest in something that has "swooned" so much, (much worse than equities if above accurate and equities historically recover market price and move higher) AND for which you still expect another "swoon"? Your description. Wish you well but curious as to your reasoning given your post.

 

[Rickt]

Bought WMT @ $127.50 today

 

[Al18]

WMT has a PE of 46! If gets down to $40, I may buy some.

 

[Qs Laptop]

WMT has a PE of 46! If gets down to $40, I may buy some.

Walmart's Returns:
6 months 27.4%
1 year 45.4%
3 year 55.3% (average)
5 year 39.2% (average)

High growth stocks do not have market average PE ratios. You have to pay a premium to get growth.

 

[joejetski]

If you think this (military action) is over, I have a bridge to sell you….

Flieger

Better be quick, bridges and power plant day might be right around the corner, lol.

 

[Bill E]

Added some GOF today. Fundamentals plus head and shoulders bottom and Elliott Wave 1 per Fido chart.

Bill

 

[Fishmasterdan]

Well another reason to stay away from high IV stocks. This started as a small experiment. Learned my lesson today.
Fortunately I have been selling weekly CC on them. They expired today. The strikes were at 23.50 so would have lost out on most of the gains anyway. But this is the worst fall I have experienced. Another lesson in equities for me. -22% in one day.