What are you buying today?

[Jurgis]

Got crappy execution on BRKB, but good ones on JPM, AAPL.

 

@tombgrt: Yeah, this might not be the end. I only spent ~2% of my portfolio buying today so far. Still got ~26% in cash.

 

Missed your FDN down 40%.

 

Edit: yeah, I got LMCA too.

[compoundinglife]

Bought AAPL and VIG at 15% discount to underlying stocks (was at 20% but trading was halted...)

 

Had a limit order on VIG when it was down 18%, didn't make it in before the circuit breaker though  >:(

[no_free_lunch]

Sold SFTBY.

 

Bought BRK & PNNT.

[Valuebo]

It's days like today you want a decent broker like IB to handle your orders...

[KCLarkin]

Nothing. My son chose this morning to be home sick with fever.  >:(

[rpadebet]

You can buy anything...its like Thanksgiving Black Friday...only the wait was much longer.

 

Any ideas on which names have the highest bounce back potential? I am thinking BABA calls, JPM warrants, selling IWM/QQQ/SPY puts

This is not exactly Black Friday, more of a step in the right direction

 

Yes, market seems to be going back up....

I may have gotten excited too soon...

 

[frommi]

Everything.  8)

 

Pretty much this, covered XBI shorts and short Russel futures in the opening and after that bought a lot of stuff, like CMPR,IBKR,LILA,CSU.TO, etc.

Really crazy what a difference one day/hour can make.

[tede02]

I missed out on buying an iShares ETF, HDV.  Down over 40% before trading was halted.  Already back up.  Tried to get a limit order in but was too late.

[CorpRaider]

Bought AAPL and VIG at 15% discount to underlying stocks (was at 20% but trading was halted...)

 

Had a limit order on VIG when it was down 18%, didn't make it in before the circuit breaker though  >:(

 

Ditto.  Good point below about IBKR.  Hmmm....

[bskptkl]

Execution on orders varied for me.

 

IBKR was fast and flawless.

Fidelity was a little glitchy but performed well.

AMTD was very slow on trade reports and looks like I missed a fill, so questionable execution.

[Valuebo]

I should have tried to buy those ETFs through IB... I'm an idiot.

[compoundinglife]

Bought AAPL and VIG at 15% discount to underlying stocks (was at 20% but trading was halted...)

 

Had a limit order on VIG when it was down 18%, didn't make it in before the circuit breaker though  >:(

 

Actually just heard back from my broker, got VIG around 57.75.  :)

[compoundinglife]

Bought AAPL and VIG at 15% discount to underlying stocks (was at 20% but trading was halted...)

 

Had a limit order on VIG when it was down 18%, didn't make it in before the circuit breaker though  >:(

 

Actually just heard back from my broker, got VIG around 57.75.  :)

[/quote

 

Also added to AAPL at 93. Swapped by HUB.A for more HUB.B.

[gurpaul88]

sounds like a nice day  :)

[Agrippa07]

Bought some BRK.B, PM and BH.

[Jurgis]

I should have tried to buy those ETFs through IB... I'm an idiot.

 

I saw FDN down 20% after you mentioned it was down 40% and I did not buy it. I'm an idiot too. ;)

 

Nah, these things require really fast fingers, great broker, fast thinking. ETF opportunities were real, but some other thinly traded stocks were not: they were down 10-15% with no volume so nothing really went through.

 

So don't beat yourself. You got what you got, can't get them all, tomorrow's another day, etc.

 

Peace.

 

[bskptkl]

Execution on orders varied for me.

 

IBKR was fast and flawless.

Fidelity was a little glitchy but performed well.

AMTD was very slow on trade reports and looks like I missed a fill, so questionable execution.

Just got my fill report back from AMTD only 30 minutes late...

[rb]

AMTD just reported latency issues. This is yet another time when IB proves their superiority.

[bigbluffzinc]

Margin'd up today and made a big bet on PCP..  At these levels the annualized return is more attractive & I think interest rates are more likely to drop/remain flat at this point so it should trade at a higher premium going forward.

 

If it's back at 231 in a week you're looking at a really great annualized return.

[Valuebo]

I should have tried to buy those ETFs through IB... I'm an idiot.

 

I saw FDN down 20% after you mentioned it was down 40% and I did not buy it. I'm an idiot too. ;)

 

Nah, these things require really fast fingers, great broker, fast thinking. ETF opportunities were real, but some other thinly traded stocks were not: they were down 10-15% with no volume so nothing really went through.

 

So don't beat yourself. You got what you got, can't get them all, tomorrow's another day, etc.

 

Peace.

 

 

Yeah unlikely I would have had the balls to buy such an ETF for 30% or something of portfolio and make a quick 10-15% but still.. Good to know for the future.

[TwoCitiesCapital]

I was surprised at the intensity of the drop this AM, but was even more surprised at the pace of the recovery from the lows once it happened. Who was so desperate to sell this morning where they're not really selling now? It's weird to see S&P and Dow down nearly 5% to come back to being down only 1.25% in a single day. Market efficiency at it's finest.

 

I was trying to exit my puts that I bought a few months back for a double (from $8.50 to $18.00). Unfortunately, orders filled at $17.00 with bids at $17.75, but nothing really hit $18 and it's back down to $13ish.

[Jurgis]

Well, Icahn was somewhat right about ETFs.

[rpadebet]

WTF?? just down 1% now?, guess we will be up 5% by EOD at this pace.

FDN is back to flat, so some lucky souls made 80%+ in 3 hours

 

Is this the long awaited correction? Nothing again for what another 3-4 years?

[KCLarkin]

Bought some IBKR and IBM. Sadly missed all the fire sales.

[rb]

Add me to the list of people that is amazed at the intraday recovery. I guess there's still a lot optimism in the market, buying the dip or whatever. The usual suspects are still running around - Netflix is up 4% now.

 

Also I think that with all the algos we have running around today the market movements will be more weird than in the past. It remains to be seen what will happen. I have a feeling that today will not the end of the story.