Investments Trade Log

[George the original one]

Took gains in PG (+19% since Sep) and T (+17% since Jan). Per my usual practice, gains plus 2 yrs dividends are kept in shares. Now to figure out where to park that cash...

[workathome]

Intermediate term tax-exempt munis?

[George the original one]

Intermediate term tax-exempt munis?

If I were worried about having too much income tax, yes. Retirement puts me on the other end of the spectrum, where I need to create enough income to qualify for Obamacare subsidies. I've been using PGX (short term preferred stock) for that purpose, but with a wad of cash available, it's time to first see if there are any bargains to be found.

[George the original one]

Bargain hunting results: CMI & CAT are still near the top of my rankings, so I won't be taking any profits there unless the trailing stop loss is hit.

Probably what was more interesting is what is at the bottom of my rankings: MSFT, MMM, MCD, PEP, JNJ, KMB, COP, & CLX. Many of these are perpetually near the bottom, so one is buying them whenever they rise to the middle, however it may be time to trim my MMM and/or MCD.

[workathome]

Tax-exempt munis are counted back in to MAGI for ACA, but yeah if you're only at 15% probably don't need the tax exempt bonus.

[jacob]

Day after day, day after day,
We stuck, nor breath nor motion;
As idle as a painted ship
Upon a painted ocean.

Water, water, every where,
And all the boards did shrink;
Water, water, every where,
Nor any drop to drink.

The very deep did rot - Oh Christ!
That ever this should be.
Yea, slimy things did crawl with legs,
Upon the slimy sea.

[jennypenny]

LOL, though I suppose that's better than ...

"Forward, the Light Brigade!"
Was there a man dismay'd?
Not tho' the soldier knew someone had blunder'd:
Theirs not to make reply,
Theirs not to reason why,
Theirs but to do and die:
Into the Valley of Death rode the six hundred.

[workathome]

Yea, verily

[Dragline]

Made some small buys of SE and GS today.

Sold some small lots of TLT and WY.

By small, I mean about 2-3% of portfolio value.

[jacob]

Fed watch ... as expected, the rate of rate hikes is expected to proceed slower than previously announced. There are so many conditions to facilitate a hike that it will take a long time before it happens. Yield keeps getting ever more expensive.

[jennypenny]

If I wanted to add to my muni bond holdings, I should do it before a rate hike, right? Not after? (sorry for the dumb question)

I plan on buying LAND, FPL, PPG, and more TDY on any significant dips. I missed the dip on ENV--waiting for another (but won't wait too long).

[Dragline]

I bought some MMP and VWO yesterday. Sold some covered calls on WY @ 31.

[IlliniDave]

My VGPMX (part of a rebalance) and VGENX buys at the beginning of the year are keeping me afloat. Otherwise, just buying bonds and a dab of REITs going forward and standing pat w/my equity.

[George the original one]

CMI sure popped today.

[cmonkey]

My first ever limit order tripped today. Yay. I set COP to sell at the point to erase the gains I made from HP, almost to the penny.

[bryan]

took my profit on BHP today. went short INTU and AA. When the market opens, will be going short on VRSN, GDDY, maybe AMZN.

[jacob]

http://www.bloomberg.com/news/articles/ ... since-1973

Cyclicals are up. Non-cyclicals are down. Overall is down. Good news is bad news. Bad news is good news.

[jacob]

AAPL misses top line and bottom line and adjusts downward. Blames drop in smartphone sales. Down 8% in after close trading. Peak iSheep?

[Dragline]

Well, that's a big "ow" if you have it. And its hard to imagine that situation getting any better anytime soon.

Sold some WY today. Bought some GS and MMP.

[Dragline]

Bought more MMP and VWO yesterday. Those covered calls on WY I sold last month are about to expire right around the strike price.