12.21.2021 Portfolio Update (Weekly Edition)
Topics for this Week: Portfolio Update, Portfolio Discussion, Mr Market , and Weekly Munchies.
“The markets can remain irrational longer than you can remain solvent.” - John Maynard Keyenes
Paid subs keep an eye on the add-on email, this week’s def. worth a read.
*I am NOT a financial advisor, I’m sharing my investing journey. Do your own research.*
Stocks + Options (1/1)
We are going into Christmas and New Year so I will be keeping this next two weeks short.
As you can see from Account Details I been “spending cash” purchasing $WWE $TWTR $BTI with a bit of $SSSS also sold a bit of $HII.
Sold $HII just to get some cash and its more of a defensive play so not really looking for it to be 10% of my portfolio in a long run.
Bought $WWE and $TWTR as I will be building up positions and lowering my cost basis, although I do want to keep $TWTR under 5%
Now $SSSS came out with announcement of a dividend and so I started a position but wasn’t able to get filled for a lot. I will discuss more in paid post that will be released with this for the paid subscribers.
I started position in $BTI for the upcoming dividend
Looks by the number of likes $BTI is fintwit darling so might have to sell it soon (lol)
Really not looking to keep it for too long.
Guys at Chit Chat Money did podcast on $TWTR
I think its worth listening to if you have a some time to spare plus if you are a $TWTR shareholder or $TWTR curious ;)
I wanted to touch on the fact that “Mr Market” is really going cray cray lately and I wanted to put some words out and maybe get y’all feedback on whats going on.
Not to go (too much) in the “macro” direction, but last week’s fed meeting got me thinking after this tweet from CIM
(to be fair I also didn’t watch/listen to the Fed meeting and just going of observation of what was going on the fintwit and the markets)
Anyways, the point I’m going with is there is a lot of uncertainly still and yet market is almost (still) at all time highs
(Last time I didn’t share the graphs so this time I figured I would include for better “picture”)
Had to scratch my “technical analysis itch”.
Every dip is again getting bought even though nothing really is getting better if anything I think with going into winter things will get worse before they get better and so my question/concern is…
Am I being too cautious or is Mr Market being too optimistic?
I don’t have an answer, any of you do?
I would love to hear some thoughts on the current situations in the markets
Here are some things to munch on…
Spin Master/PAW Patrol: Ronnen Harary (Podcast)
Intel's Mobileye Stub and Positioning (Article)
Airbnb, Inc. Investment Thesis (Article)
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