SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Young and Older Folk Portfolio

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: InDivGrowthWeTrust who wrote (7152)7/31/2024 6:42:55 PM
From: chowder2 Recommendations

Recommended By
cemanuel
Tam3262

  Read Replies (2) of 21893
 
Re: QCOM ...

Oh wow! What a turn around. From +10% to in the red, all in after hours.

I sold QCOM yesterday. It was okay with me if they did well today, I was done with them. If I hadn't sold yesterday, I certainly would tomorrow if that's what the price action is going to look like.

If others wish to keep it, I wouldn't make a case against it. I'm looking for momentum during a time when momentum should be in favor, and it's not for QCOM.

META was a pleasant surprise, but I'll watch that price action tomorrow. If it duplicates what QCOM did, I'll sell that one too.

Tomorrow after the close is when AAPL and AMZN announce. They either advance today's action or they might signal a temporary top in technology in my opinion. We'll see. I did front run earnings on AAPL, so I have a special interest there.

I did considerable buying today across various portfolios I manage and I went across various sectors.

ABT .. AEP .. AMT .. CAT .. CMI .. DE .. HSY .. MDLZ .. O .. PLD .. WEC.

Then I added some income based assets.

BME .. BST .. EOI .. EOS .. HTD .. SPE .. UTG.

I sold MO and UPS.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext