Special Weekend Update, Is This The Bottom?

“Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows. " - Jim Rogers ​​The Portfolio The portfolio is down -9.39% YTD this morning. Our benchmark index, the S&P 500 is down -21.34% YTD. Is This The Bottom? Calling the bottom in the stock market is like reading tea leaves or tarot cards, you have to be willing to believe in the reader. Personally I'm not a big fan of these prognostications that many on TV use to draw attention to themselves. However, there is a bit of value in trying to divine the direction and levels of support and resistance at various price levels. The primary value is to see where you're at. The purpose of this exercise is t

Use Your Gift Cards

“Widespread fear is your friend as an investor because it serves up bargain purchases. " - Warren Buffett The Portfolio The portfolio is down over -10% YTD this morning, improving from a position where we were down roughly -20%. Our benchmark index, the S&P 500 is down -23.38% YTD. If you're interested in the stock market, are looking for diversification or growth please feel free to connect me. I'm always available to talk, maybe provide some new ideas or to present to your group. clay@claybaker.com Use Your Gift Cards Want to help small businesses and big ones too, use your gift cards! This is boring, but explains how we can all give the economy a little boost by simply using our unuse

Selling one position today

“Widespread fear is your friend as an investor because it serves up bargain purchases" - Warren Buffett NOTICE I am online and available to chat today. I am often available to chat for the first 15 minutes after a post goes live. Use the Chat feature in the bottom right corner of your screen. The Portfolio The portfolio is down over -12% YTD this morning, improving from a position where we were down roughly -20%. Even with todays rally, our benchmark index, the S&P 500 is down -24.82% YTD. If you're interested in the stock market, are looking for diversification or growth please feel free to connect me. I'm always available to talk, maybe provide some new ideas or to present to your group

Starting to Leg Into Stocks

“Widespread fear is your friend as an investor because it serves up bargain purchases" - Warren Buffett The Portfolio The portfolio is down over -15% YTD this morning, and over 17% after making todays buys. Our benchmark index, the S&P 500 is down over -26% YTD. If you're interested in the stock market, are looking for diversification or growth please feel free to connect me. I'm always available to talk, maybe provide some new ideas or to present to your group. clay@claybaker.com What I'm doing today The S&P 500 has continued down, with a few notable rallies in individual names. In contrast our blog portfolio, has never declined as much as the S&P and is recovering a bit today. Make no

Selling One Stock

“Widespread fear is your friend as an investor because it serves up bargain purchases" - Warren Buffett The Portfolio The portfolio is down over -18% YTD. Our benchmark index, the S&P 500 is down over -23% YTD. If you're interested in the stock market, are looking for diversification or growth please feel free to connect me. I'm always available to talk, maybe provide some new ideas or to present to your group. clay@claybaker.com What I'm doing today Today, right after you receive this post I will be selling our entire position in Edwards Life Sciences at around $168 per share. We need to raise some cash to be buying during this market down turn. Since EW primarily sells equipment and d

Is the Bull Market Over?

“Widespread fear is your friend as an investor because it serves up bargain purchases" - Warren Buffett The Portfolio The portfolio is down over -11% YTD. Our benchmark index, the S&P 500 is down over -21% YTD. If you're interested in the stock market, are looking for diversification or growth please feel free to connect me. I'm always available to talk, maybe provide some new ideas or to present to your group. clay@claybaker.com What I'm doing today The last several days have been devastating for everyone investing in stocks. While most investors are selling off their holdings I'm going to take a different approach. First, I don't feel a need to panic and just sell to avoid going to zer

Adding to 7 Companies

“Widespread fear is your friend as an investor because it serves up bargain purchases" - Warren Buffett The Portfolio The portfolio is up around -2.34% YTD. Our benchmark index, the S&P 500 is down over -13.63% YTD. If you're interested in the stock market, are looking for diversification or growth please feel free to connect me. I'm always available to talk, maybe provide some new ideas or to present to your group. clay@claybaker.com What I'm doing today With prices down I'm nibbling at some of the companies in our portfolio. I set limit order alerts on everything in the portfolio and these seven hit their price targets. We also got an alert on Home Depot, but we don't have enough cash

Prepare for a Major Blow

“Widespread fear is your friend as an investor because it serves up bargain purchases" - Warren Buffett The Portfolio The portfolio is up around +5.00% YTD. Our benchmark index, the S&P 500 is down over -8.00% YTD. If you're interested in the stock market, are looking for diversification or growth please feel free to connect me. I'm always available to talk, maybe provide some new ideas or to present to your group. clay@claybaker.com What I'm doing today I'M GOING TO TRY AND RAISE MORE CASH TODAY. THE MARKETS ARE SET TO TRIP THE CIRCUIT BREAKERS THAT WILL HALT TRADING AS A PROTECTIVE MEASURE. Circuit breakers are in place to halt trading if the market drops 7%, 13%, and 20% of the closin

5 Stock Buys Today

“Widespread fear is your friend as an investor because it serves up bargain purchases" - Warren Buffett The Portfolio The portfolio is up around +5.00% YTD. Our benchmark index, the S&P 500 is down over -8.00% YTD. If you're interested in the stock market, are looking for diversification or growth please feel free to connect me. I'm always available to talk, maybe provide some new ideas or to present to your group. clay@claybaker.com What I'm doing today ​​Today I sold 10 shares of our gold fund (GLD) to raise a little cash, and reallocated that cash. I bought more shares of Facebook (FB), Avalara (AVLR), Boeing (BA), Chipotle Mexican Grill (CMG) and started a new position in Twillio (TWL

Buying into Weakness

“Widespread fear is your friend as an investor because it serves up bargain purchases" - Warren Buffett The Portfolio The portfolio is up around +6.00% YTD. Our benchmark index, the S&P 500 is down around -7.00% YTD. If you're interested in the stock market, are looking for diversification or growth please feel free to connect me. I'm always available to talk, maybe provide some new ideas or to present to your group. clay@claybaker.com What I'm doing today ​​Today I bought more shares of Facebook (FB), Boeing (BA) and started a new position in Avalara (AVLR). This is simply a continuation of my investing plan. While the market is exhibiting extreme volatility, I'm staying true to our in

Portfolio Changes & Covid-19 Update

“Widespread fear is your friend as an investor because it serves up bargain purchases" - Warren Buffett The Portfolio The portfolio is up over +7.0% this year. Our benchmark index, the S&P 500 is down around -6.5% YTD. If you're interested in the stock market, are looking for diversification or growth please feel free to connect me. I'm always available to talk, maybe provide some new ideas or to present to your group. clay@claybaker.com What I'm doing today I sold our 6 shares of SAP and 50 shares of Fox Factory Holdings to raise cash. The SAP sale was more around limited future upside and exposure to Europe, whereas the Fox Factory sale was a trim because we had a large position. My co

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This material is provided for informational purposes only, as of the date hereof, and is subject to change without notice.
This material may not be suitable for all investors and is not intended to be an offer, or the solicitation of any offer, to buy or sell any securities.

© 2016 by Clay Baker all rights reserved