Well, my companies keep on doing well and get a one-day pop before the stock price gets sucked back into the market quicksand. OLED is one of those BMW, revert to mean, stocks. Ended up higher on the session by 6% on a truly dismal Wall Street Friday. Doubt that the gap up will survive to the end of the month.
Port down 1.5% for the day. Now up just 4.2% YTD. My “Saul Stock” tracker is up 10% YTD. My only bragging rights there are that the tracker is down 13% and I am up 14% since my September post, Holding Growth Stocks.
I changed direction in December and started the campaign to get fully invested. 40% in IT, SAAS, high growth, familiar names; 30% in BMW revert to mean stocks; 10% dividend payers; 20% moon shots.
Right now still 27% cash. Friday I dripped 1.4% of cash into 4 stocks. Other than that, thinking of some trading as I head to fully invested. Seems like QQQ is in a trading range, 270 to 300. Bear market rally #4? - #15 by mostlylong
KC