Buying Two Stocks Today

"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

Added Advanced Micro Devices

"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

Wake-up Call!

"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

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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