Decided today to sell Scout Team member KARO under RTHG rules - and added some cash on hand to:
- Added RDDT back to the Port.
- Added to PLTR, AMZN and NVDA
Down to about 10% in cash.
All the Best,
Big Dumb Hick Investing
8 Likes
Hi Champ,
Glad to see you back writing in the outpost again. Got a quick question if you don’t mind. I’ve been looking to add to my NVDA holdings. I’ll probably increase the amount by ~10%. How many % did you increase your stake?
thanks,
Darryl
Hi Darryl:
Overall, about 20%.
All the best,
michael
Thanks, I haven’t pulled the trigger yet. I’ll post it when I do. I’ve just got a feeling that the worst is yet to come.
I did add to CVX, KMI, and RF this week in my dividend portfolio. Also started a position in SWK. Kind of a reach but I figure they’re big enough to be able to figure out the tariff disruptions. I think that the worst case scenario is already priced in. Could be wrong, wouldn’t be the first time.
I’m in a similar situation - I’ve also been reducing the cash in my portfolio lately and putting more into positions, but at the same time keeping a small part on the sidelines to generate something on the liability side.
For this purpose, I have connected FortuixAgent, which is neither a trading platform nor a fund, but rather a platform that helps to create passive income in the long run. I think of it as a kind of “financial shoe” that works in the background.
It would be interesting to see how RDDT is doing for you - I was also thinking of going there again.
1 Like
Just now it seems we have reached competing levels of fake bottoms and upward equilibrium - whereby we are stuck in a seesaw type Bull and Bear battle to either accept a final bottom - or make some final determination into whether we begin to really stabilize and/or plummet to new layers of terror and chaos. Currently we have wide swings up and down but generating no real meaningful determination either way and reminding me sort of like the intransigence of the WW1 Trench warfare. Or something similar to that.
Interestingly, the trusty sidekick of the Guru of Gurus that I follow practices the art of chart voodoo without all the Meddling Dojos, Chunking Double Axel Crosses and/or the always meaningful Belly Flopping Hippos. Instead, he follows Elliot Wave theory with its reliance on waves: seconds of a 5th or 3rd wave of a 4th - that will lead to this or that - unless it somehow doesn’t. I mean no disrespect to him but I have no idea what in the world he is talking about and when I signed up for the service I didn’t know math would be involved. But…having said all that, he seems to be right more often than not and he is currently suggesting, predicting and otherwise declaring that we are due for a nice rally which will be closely followed by a precipitous drop. At that point he says their service will be buying. Which wave we will be in at that time is unclear to me; however, as we all know with the whole Jeremiah Bullfrog thing, even if we don’t understand we certainly can help with the wine.
Seems fair.
All the Best,
Big Dumb Hick Investing
9 Likes