What did you trade today and why?

[neal1313]

Sorry I misread your question . I sold today after the news came out. I bought AVGO on July 2nd.

 

[Mr. Tightwad]

Disney stock?

Over the past 1 year Disney has returned -21.3%
Over the past 5 years Disney has returned -43.8%
Over the past 10 years Disney has returned -0.89%

Do you have some inside information?

I definitely don't, but my nephew sold churro's there a few years ago.

As for the why, it's PE is well below the 5 year average. I say DIS hits 110 or 120 if given enough time.

 

[dobig]

Opened a position in OVL and NIHI after positive comments from Armchair Income. NIHI in taxable, OVL in IRA. Right now I like thses NEOS funds - time will tell as they are relatively new. But over the last few weeks, I opened positions in SPYI, QQQI and MLPI. All in taxable accounts as they claim to produce tax efficient income. Again - we shall see.

I've been looking at OVL and OVF since Yellowsubmarine mentioned them a little while back but have yet to pull the trigger.

Other tax efficient income funds similar to SPY, QQQI are GPIX and GPIX (Goldman Sachs versions), ROCQ and ROCY which are JPM's new tax efficient versions of JEPQ and JEPI, GRNI (Tom Lee Fundstrat fund) and QDVO. All have a majority of distributions counted as ROC (return of capital).

One of my favorite income funds that is not tax efficient is TDVI. I'll give up the tax savings for a fund that pays around 7.5% using only around 19% leverage while getting a potential 80% upside of Ai growth. All the while getting monthly dividends and excellent dividend growth. Newer fund only a few years old so be careful not to get carried away before seeing it's behavior in a bad downturn if one is inclined to consider the investment.

 

[neal1313]

Added some AMZN today to my starter position from June 25th. I've owned AMZN on and off for a number of years...probably should have made the stock part of my core holdings...

 

[junkanoo]

I definitely don't, but my nephew sold churro's there a few years ago.

As for the why, it's PE is well below the 5 year average. I say DIS hits 110 or 120 if given enough time.

If there ever was a stock I had high conviction on that failed miserably, it's Disney.

I'd say more, but DIS has its own thread. And we know why.

 

[Fermion]

Are you guys touching the memory stocks yet? I didn't ride them up so I don't really want to ride them down lol.

 

[YellowSubmarine]

- DGRO sold half of a large position in Roth as sell limit meet @ 77.84

 

[Qs Laptop]

Are you guys touching the memory stocks yet? I didn't ride them up so I don't really want to ride them down lol.

Yet? Yet?!

I've been in Micron for over 2 years. INTC for 3 years. FSELX for 8 years.

I just bought DRAM about a month ago, to get exposure to Samsung, SK Hynix, Sandisk, and Seagate. I bought AVGO about 2 months ago.

There is a memory shortage that looks to go another 2 or 3 years, given the backlog of orders these companies have and also the amount of time it takes to build new semiconductor fabrication facilities. I don't think there will be much "riding down" for a while.

Volatility, yes. Sell-offs, yes. But I don't see the upward climb turning downward for a while.

 

[dobig]

Bought 100 shares of MUU at $634.78. Sold 30 minutes later at $660.28.

I'm done.

 

[AudiDudi]

Sold some BBDC to free up funds. May add to PHK and/or GOF.

 

[PaulR888]

No trades but organizing today and realizing I have lots of sector diversification that fall under the broad umbrella of AI when considering derivative players. Just realizing the broad tentacles of AI.

Software (CDNS, CIBR)
Pharma (LLY, MRK)
Power (NEE a regulated utility and VST an independent power producer).
Industrials (PPA with lots of defense companies).

Edit: Forgot to add Biotech (HQL) to the above.

 

[Old Dog Seeks New Tricks]

increased my spacx odd-lot position / still an odd-lot

 

[dobig]

Bought 50 shares of MUU pre market at $631.46. Sold at open for $663.22.


Done for the day.

 

[Semi-Retyrd]

Bought 50 shares of MUU pre market at $631.46. Sold at open for $663.22.


Done for the day.

Do that every trading day and it's $400K/yr on a $31K investment. Piece of cake?

 

[dobig]

Do that every trading day and it's $400K/yr on a $31K investment. Piece of cake?

It's that simple right?

Haven't traded much past month and a half but starting to find opportunities. I've learned that once you make a good trade take the money and run.

 

[NW-Bound]

Bought 100 shares of MUU at $634.78. Sold 30 minutes later at $660.28.

I'm done.

You, you, dirty day trader you!

 

[NW-Bound]

Bought 50 shares of MUU pre market at $631.46. Sold at open for $663.22.


Done for the day.

Doggone it, he's doing it again!

 

[NW-Bound]

Do that every trading day and it's $400K/yr on a $31K investment. Piece of cake?

Sometimes, one has to do the reverse, meaning to sell short first then buy to cover.
I have yet learned to do the above.

 

[NW-Bound]

With the rug pulled out from under the semi and semi-equipment sectors in the last 4 trading days, I found that I still had plenty of exposure to these sectors despite unloading much of the shares. When you are down more each day than the S&P does, you know where the pain comes from.

Well, I have been doing better than the S&P in the last 12 months. No gain, no pain.

 

[YellowSubmarine]

+ EMXC bought back ($95.27) my shares per limit order for 10% less than recent sale price...Roth

 

[AudiDudi]

Bought a little KIO before it goes ex on the 10th. Looking at PNNT @ $3.37. Pay 4c div and 4c supplemental. Ex the 15th. Looking like trying to catch the falling knife

 

[Souschef]

In the continuing effort to prune the stocks bought by my FA some time ago, I am selling my Tmobile stock as part of my RMD.

 

[Semi-Retyrd]

Rolled forward the three July 10 MSFT cash covered puts strike 375 I sold last week Thursday to next week July 17 same strike. Last weeks sale netted around $1060 and this weeks roll netted a little over $1100.

I figure as long as MSFT stays in the ballpark of 375 I can net over $1k/wk for an annualized return of around 45% including the interest on the cash.

I doubt Mr. Softy will stay near its low forever. But as long as it lasts, I'll collect.

 

[NW-Bound]

Rolled forward the three July 10 MSFT cash covered puts strike 375 I sold last week Thursday to next week July 17 same strike. Last weeks sale netted around $1060 and this weeks roll netted a little over $1100.

I figure as long as MSFT stays in the ballpark of 375 I can net over $1k/wk for an annualized return of around 45% including the interest on the cash.

I doubt Mr. Softy will stay near its low forever. But as long as it lasts, I'll collect.

There ya go.

There's always a chance that your put gets assigned, and you own the stock. Hence, I only write puts on stocks with good fundamentals that I don't mind owning.

And I don't go hog wild either. Heck, if a person shoots for the moon, and gets hurt, he has nobody but himself to blame. Reasonable persons who are happy with "modest" goal of 45%/year are much less likely to get wiped out.

 

[toreador99]

Added to my position in FFRHX (Fidelity Floating Rate High Income Fund). This is a position strictly for the monthly income and as my overall portfolio value has grown I want to increase its percentage.