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#11 Rich C

Rich C

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Posted 25 November 2017 - 11:07 AM

I put considerable thought into my latest blog entry in the Geo Politics section, which also references my Oct. 8 entry.  They represent some of my current big picture ideas, if you're interested.  I welcome any feedback in this topic.  Just hit the link in my signature.

 

I haven't been doing too much lately, but I did pick up some Celgene, Qualcom and Viacom, which are all doing well since I got in.  I got in Qualcom at 52 I think, the next day it jumped on takeover rumor.  I sold Qualcom at 65, but will buy some call options.  If the deal falls through, I don't want to ride it back down to 52.  


Blogging at http://RichInvesting.wordpress.com

 

My swing trades typically last a couple of weeks to a couple of months and I focus on SPY.


#12 Rich C

Rich C

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Posted Yesterday, 11:13 PM

My trading is muted in here.  Still holding Celgene and Viacom, sold covered calls on them, will do well if they get called, and will sell higher priced calls if they don't.  Both are Dec 22 calls.  I've been making small daily buy in SPY and IWM.  To me, much is being driven by tax cut politics, but like some pundits say, it could be a "sell the news" event in the short term.  I picked up a little GLD and SLV today, they looked washed out.  With the economy strengthening at least I don't think there's much downside right now.  I heard Jeff Gundlach today, he made sense.


Blogging at http://RichInvesting.wordpress.com

 

My swing trades typically last a couple of weeks to a couple of months and I focus on SPY.