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Posted

Well it will be interesting to see whee PLTR ends the week.  Closed at nearly $124 before earnings, now bouncing below $114.  My covered calls exercise at $108 and $115 Friday.  And I would like to keep those shares committed at $115 to sell calls again on again, but if they disappear I won't cry.  Sort of interesting that PLTR and NVDA now have nearly identical share pricesi

So any of you guys trimming your SPY positions after that nice run up?  Or or you staying pat long?  I am thinking of taking a little bite shorting for June, the longest upward run (that I did not fundamentally understand) in US history.  Or that was yesterdays plan before my day went to shit.  

Posted
4 minutes ago, horn4life said:

Well it will be interesting to see whee PLTR ends the week.  Closed at nearly $124 before earnings, now bouncing below $114.  My covered calls exercise at $108 and $115 Friday.  And I would like to keep those shares committed at $115 to sell calls again on again, but if they disappear I won't cry.  Sort of interesting that PLTR and NVDA now have nearly identical share pricesi

So any of you guys trimming your SPY positions after that nice run up?  Or or you staying pat long?  I am thinking of taking a little bite shorting for June, the longest upward run (that I did not fundamentally understand) in US history.  Or that was yesterdays plan before my day went to shit.  

I sold a little SPY Friday.  About 5%.  Just went to cash with it for the time being. 

  • Hook 'Em 2
Posted
22 minutes ago, horn4life said:

 

So any of you guys trimming your SPY positions after that nice run up?  Or or you staying pat long? 

You just want me to say, so you can take the other side. Amirite?

  • Haha 2
Posted
7 minutes ago, Wally Fairway said:

You just want me to say, so you can take the other side. Amirite?

Yesterday I would have been smarter. But any sort of record move in anything, sort of says you should trim a bit, yes?  

 

And a few folks are starting to pull guidance...

 

Posted

Bought some BRK-B at the end of the day yesterday since it had dipped like 4% with Buffett's retirement.  That's my first foray back into stocks since the first of March.  I'm now around 60% GLD, 30% SGOV, 10% BRK-B.

 

  • Hook 'Em 1
Posted
12 minutes ago, CooterBrown said:

Bought some BRK-B at the end of the day yesterday since it had dipped like 4% with Buffett's retirement.  That's my first foray back into stocks since the first of March.  I'm now around 60% GLD, 30% SGOV, 10% BRK-B.

 

Good move (hopefully), but I think it shows that there will be another opportunity when Uncle Warren can't be the Chairman. Because, IMO, him stepping down as CEO is a mere window dressing, as Chairman I think he will still go into the office every day...after stopping at McDonalds for breakfast, so he can read the WSJ, have his breakfast sammy and his first (or second) coke of the day.

Posted
42 minutes ago, Wally Fairway said:

Good move (hopefully), but I think it shows that there will be another opportunity when Uncle Warren can't be the Chairman. Because, IMO, him stepping down as CEO is a mere window dressing, as Chairman I think he will still go into the office every day...after stopping at McDonalds for breakfast, so he can read the WSJ, have his breakfast sammy and his first (or second) coke of the day.

On his way home from the office, he can stop for a Dilly Bar at DQ.

Posted
1 hour ago, CooterBrown said:

Bought some BRK-B at the end of the day yesterday since it had dipped like 4% with Buffett's retirement.  That's my first foray back into stocks since the first of March.  I'm now around 60% GLD, 30% SGOV, 10% BRK-B.

 

I just bought a really small amount of OMAH. It's an ETF based on Berkshire that is supposed to have a 15% annual yield.

Posted
3 minutes ago, tomahawk dunk said:

I just bought a really small amount of OMAH. It's an ETF based on Berkshire that is supposed to have a 15% annual yield.

I'll wait and let that ETF build up some history to review.  Being down -4% while Berkshire is up +7% in the same timeframe doesn't make me want to invest early on.

Posted
21 minutes ago, CooterBrown said:

I'll wait and let that ETF build up some history to review.  Being down -4% while Berkshire is up +7% in the same timeframe doesn't make me want to invest early on.

I 100% believe yours was the better purchase, I just couldn't help myself from buying the etf.

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