My portfolio went up 0.2% today. It is not a barn burner, but all things considered, it is not bad at all. I am saying this b/c I have a very broad portfolio and right now fairly little of it is in tech stocks. Things that are making money are companies that are making money. I added a fair bit of healthcare to my portfolio today on the expectation that healthcare has bottomed (at least for now). XLV, RPRX, RXL, etc were all winners today. As were select biotech such as GNFT (which I added to today). BBW went as low as 19.75 today, which I knew was a buying opportunity, but I already have a fair amount and won't add until it catches its breath.
The big surprise was BCMP which preannounced coming in at the upper end of revenue expectations but fell anyway. It should be a long term winner. I am waiting for stabilization before buying some. You know the rest of my purchases from my earlier post today. Also, as I said earlier in the day, I closed my SQQQ position (and closed my TTT on Friday). These two have potential for a longer term swing trades, but I think they've come up too far too fast, so I closed them. Better safe than sorry.
EDIT - I forgot to say, I also bought some CHEF today. It is not the best looking chart, but it is near the bottom of its range and I think it will be a winner this quarter...we'll see. |
