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Posted

Busy day..:)

Added to XOM, RDS and Equinor.

New small positions in Ab Inbev and Bollore SA.

 

Trimmed a bit position in SPDR Gold Tr (20 MAR 2020)

and a bit of speculation with options /Leaps , FCA C 19 Jun 2020(€11) Wereldhave C 18 Dec 2020 (€15),  ABN Amro C Jun 2021(€16) and ING bank C Jun 2021 (€10).

Posted

Added some ODET.PA today. Stock was down almost 8% while BOL.PA is down 6.5%. I have mo idea why both are getting hit thwt hard today. I managed to buy some at the lowest print of the day, below my ask. Wild market....

 

Also added some odds and ends (VIAC, CCU and a few others.)

Posted

Planning to add DDOG during this correction

 

It's kind of funny in these Fed liquidity-driven times for a couple of down days totaling about -4.5% return to be considered a correction.

 

I ll take whatever I get, I can see this being close to 80 in a few years. Maybe it goes to 30 first and then 80 it doesn’t matter. If the thesis is intact I will add.  it has enough addressable market size to grow 40% pa for some time,

Posted

Bought some speculative calls on SPCE when it dipped this morning. Just sold out at +300%....paid off my vacation.

 

Really?  That's awesome in a weird way. 

Guest cherzeca
Posted

bought a little spy.  may add more if goes down more

Posted

Added 50% to MSGN, back up to about a 6% position. Small add to PCYO, BRK, MSB. Would guess we're close to a bottom. But what do I know.

 

I hope not, would like to buy more.

 

Added to V today. Might join u guys on this MSGN trade for funsies.

Posted

1.) a bunch of cash (sold FFH)

2.) BRK

3.) And a little BAC and C. But post purchase i am thinking i am early with BAC and C :-)

 

I am thinking we may only be in the early innings of this sell off so capital preservation is a focus. Patience...

Posted

I liked some of the action in certain names during the last hour or two of trading. But generally speaking, much like last night, I dont like when the futures immediately rebound following the close. Usually you need all hope lost, and a good gap down to open that can then flush everyone out.

 

Funny side note. Apple still has like 20% downside. To get back to October's prices...

Posted
I am thinking we may only be in the early innings of this sell off so capital preservation is a focus. Patience...

I never know when, so I go in drips-and-drabs. In terms of cash-on-hand never more than 10% per week, which in the event of a "prolonged" downturn gives me at least 10-20 weeks to pick up shares; plus more as cash flows during those 10-20 weeks comes in (salary, dividends, etc.)

Posted

I liked some of the action in certain names during the last hour or two of trading. But generally speaking, much like last night, I dont like when the futures immediately rebound following the close. Usually you need all hope lost, and a good gap down to open that can then flush everyone out.

 

Funny side note. Apple still has like 20% downside. To get back to October's prices...

 

Agreed. Not sure this is over and not convinced we've caught down to the fundamentals that have continued to deteriorate month after month.

 

That being said, while I did reinvest my called call proceeds yesterday, the profits I've booked from my put positions sold over the last two days are remaining in cash and am looking to re-add put exposure if we get a subsequent bounce and VIX below 20.

 

Still keeping my overall portfolio allocation at roughly 50/50 and don't think I'll consider adding equity risk back into the portfolio until we're down significantly.

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