Steady and cautious into Q3 2024

Investment Analysis Clubs Hohum's RollerCoaster Ride
41

09/19
Fed cut rates, market responds with a bounce.
Mega-caps generally bounced - first red ideas #11 WMT, #13 V

Small table was laid yesterday with the expectation of some bounce.
Today, not ready to go with the rah-rah crowd. So I generally purchased ideas that were not joining in the upswing

  • More WU in the taxable ac
  • First nibble in BEN for taxable ac
  • More BWLP in Roth ac

Nice bounces from AAPL, QCOM, COHR & (dog) GCT. Also, from tiny AI tyke VERI

Port now down < 4% from high-water mark. But, with a larger cash position to utilize opportunistically

42

9/20
About 2/3 of the way thru the trading day - yesterday’s gains, plus a little more just evaporated - Grrr!!
That said, “when life gives you lemons, …”

  • More TRMD (Roth ac)
  • More VERI (taxable ac)
  • More FRO (Roth ac)
  • Restart on a prior idea - SNOW nibble (taxable ac)
43

09/23 - 09/25
Significant dividends accrue this week - BWLP (no withholding), IEP, INSW
Big sell decisions in taxable ac

  • Sold a chunk of AMBP
  • Sold remainder of AMBP
  • Trimmed NVDA in taxable ac
  • Nibble on BRK-B in Roth ac
44

09/26

  • Another HAFN nibble in taxable ac
  • Did CELH lose its mojo due to a margins issue? That’s my assumption. IMO, I definitely see more visibility of the product - Raley’s (grocery chain), 7-11s, Targets, other convenience stores than I did prior. Though stake is very red, added to Roth position
  • More BROS in Roth ac
  • Another BEN nibble - building up a div idea
  • Another SNOW nibble - building up a non-div idea
  • uh oh! for SMCI. Bad stuff happening … will leave it on radar
  • Nice CAMT bounce
  • After market, AMBP div posted to account. Minus the withholding (less concerns because Luxembourg has tax treaty. Plus, its 15%)
45

09/27
Wrapping up the week, a few more transactions

  • [Edit] NFE has been a frustrating holding. With the lack of news on shiny new FLNG asset, today’s NFE price bounce, was a good motivation to dump the NFE stake. Will watch for a few weeks
  • Nibbled on DLTR
  • [Edit] Another YMAG nibble - Let’s give this weekly-div idea a little more capital.
  • GCT seems to be recovering - added to my underwater position
  • GSM returns to the right side. In hindsight, monetizing a portion of my GSM stake back in May-June 2024 proved quite timely. Rebuild started in mid-Aug 2024
46

09/30
Some last day moves to close out Q3 2024.

  • DLTR nibble in Roth ac
  • Another CAMT nibble in taxable ac
  • Another BROS nibble in Roth ac
    That’s it on the transactional side

QYLD & WU dividends accrued at the start of the day, FRO at market close. Happy with the dividend totals. But will have to work out the numbers for the Q3 totals.

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