Added Advanced Micro Devices
"Be fearful when others are greedy,
and greedy when others are fearful.”
- Warren Buffett
The portfolio is UP +27.48% YTD. (as I'm writing)
Our benchmark index, the S&P 500 is up about 6.07% YTD.
I had hoped that the decline we're having would have taken longer. I would prefer a melt down, rather than a wash out. So this morning when I got an alert on AMD I cancelled the $79 limit order and set it at $77. The order triggered at $77 and eventually the price bottomed on the day at $76.34 before buyers stepped in and caused a rally to an intra -day high of $84.39 before closing at $82.01.
Just so I'm clear, $77 was not an oversold condition for AMD, but with 48% upside to my target price I think this was a. good buy. AMD would probably need to get below $60 to be oversold.
Sold American States Water (AWR)
American States Water is a utility that I've liked for a long time but I decided it was time to take our small gain and put the cash to work somewhere else. This weeks sell off in technology and biotech is a good opportunity to take some money off the table and wait for a better opportunity to buy a higher growth company.
SOLD 25 shares of AWR @ $77
BUY 20 shares pf AMD @ $77
I'm Riding To Save Lives
The Distinguished Gentleman’s Ride And Movember Are Working Together To Tackle Men’s Health Issues.
"This year, tackling suicide prevention is more important than ever.
Shelter in place, lack of work and an uncertain future are a worse case scenario for those dealing with depression"
click image to visit my donation page
At The Distinguished Gentleman's Ride, we ride for a purpose
Our focus is on gentlemen who have been dealt a tough hand in life. In particular, we raise funds for cutting-edge research into prostate cancer, and mental health and suicide prevention programs, as part of our mission to support men’s health globally. These funds are invested by our partner, Movember, which is the worlds largest men’s health organisation.
Suicide Prevention | Men's Mental Health
3 out of 4 suicides are men
510,000 men die from suicide globally each year.
One man every minute stops believing in the future. This has to change.
The causes of suicide are complex. There’s no single reason why men take their own lives, but we do know that by improving overall mental health we can reduce the risk of suicide. We need to address untreated mental health conditions among men.
Too many men are toughing it out and struggling alone. There’s no shame in checking in your own mental wellbeing, and those close to around you. Our friends over at Movember have produced some handy guides, that might help take the sting out of broaching the subject.
Together, The Distinguished Gentleman’s Ride and Movember are breaking down these barriers that exist in men, but we need your help.
Prostate cancer is the second most commonly diagnosed cancer in men. Movember is the largest funder of prostate cancer programs in the world.
What is prostate cancer?
The prostate is a gland located immediately below the bladder, in front of the bowels. It produces fluid that protects and enriches sperm. Prostate cancer occurs when some of the cells in the prostate reproduce far more rapidly than normal, resulting in a tumour. If left untreated, prostate cancer cells may eventually spread from the prostate and invade distant parts of the body, particularly the lymph nodes and bones, producing secondary tumours in a process known as metastasis.
One of the most worrying aspects of the disease is that most prostate cancers develop without men experiencing any symptoms in the early stages.
What are the risk factors for prostate cancer?
Prostate cancer only affects men, as women do not have a prostate gland. Risk factors in developing the disease include:
Age: The older a man, the more likely he is to be diagnosed with pr