"Be fearful when others are greedy, and greedy when others are fearful.” - Warren Buffett The Portfolio The portfolio is UP +22.50% YTD. (as I'm writing) Our benchmark, the S&P 500 is up about 0.24% YTD. Buying more AMD Today I got an opportunity to add to our AMD position, and since I made some sales and built up some cash we were ready. Normally I look for 5% to 10% declines below our cost basis before I add shares but there is still a great deal of uncertainty in the market and I'm uncertain if AMD shares will decline as much as I would like. My approach is going to be to add to this position carefully. BUY 5 shares of AMD @ $75.19 Starting a Position in Microsoft (MSFT) Microsoft
"Be fearful when others are greedy, and greedy when others are fearful.” - Warren Buffett The Portfolio The portfolio is UP +27.48% YTD. (as I'm writing) Our benchmark index, the S&P 500 is up about 6.07% YTD. Buying AMD 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% up
"Place your hand over your heart, can you feel it? That is called purpose. You’re alive for a reason so don’t ever give up.” - Unknown The Portfolio The portfolio is UP +29.67% YTD. (as I'm writing) Our benchmark index, the S&P 500 is up about 3.75% YTD. Today's market decline is a wake-up call Investors decided to take a breather from the constant rallies in a small group of names focused mostly on technology. This morning I see that the S&P 500 leaders are Carnival Cruise Lines, PVH and COTY. A cruise line, dressier apparel and cosmetics. The talking-heads on the TV financial news are scratching their heads looking for an answer; it's simple, we continue to get good news about a vacci
