Stocks for the Long Term

[BlueWolf]

Well, I don’t think we are going to see an end to this downtrend until the CoronaVirus is somewhat contained, and that could be quite a while. I definitely feel like I was too aggressive re-entering so soon, but I’m going to ride it out. The jobs report that just came out was strong, but there no doubt that the virus scare is having an impact on the global economy. In any event, no more buying right now, and I don’t recommend that anyone take any positions just yet. There will be some incredible buying opportunities when this ends, but I don’t see the end of the tunnel yet.

[BlueWolf]

Yeah, and I’m kicking myself because I was waiting to pull the trigger on doubling down on TDOC and ZM. I’ll either have to wait for a little pullback or just go ahead and buy into their strength.

Maybe it wasn’t such a bad thing after all. Getting pummelled today.

[BlueWolf]

Boy, ZM, TDOC, WORK, DDOG, EDIT all bucking the trend today. Some others.

Yeah, and I’m kicking myself because I was waiting to pull the trigger on doubling down on TDOC and ZM. I’ll either have to wait for a little pullback or just go ahead and buy into their strength.

[Louetta]

Boy, ZM, TDOC, WORK, DDOG, EDIT all bucking the trend today. Some others.

[BlueWolf]

A few more updates today, mostly doubling down on a few positions. Here are my latest positions and newest watchlist:

Current LT Positions:
AAPL, AAXN, AMT, ANET, APPN(2), AYX(2), CGNX(.5), CRM(.5), CRWD(.5), DDOG, DOCU, EDIT, EEFT(.5), ETSY, FICO(.5), FLGT(.5), FRPT(.5), FSLY, IIPR(.5), INSP, ISRG, LVGO(.5), LYV, MA(.5), MDB, MDLA(.5), MELI(2), MSFT(.5), MTCH, NVCR, NVDA, NVTA, OKTA, PING(.5), RDFN(.5), RGEN(.5), SDGR(.5), SHOP, SMAR, SPCE(.5), TDOC, TEAM, TREX, TTD(2), TTWO, TWLO, VEEV(2), WD(.5), WIX(.5), WORK, ZEN(2), ZM, ZS(.5)

Current LT Watchlist:
ABMD, ADBE, AMZN, APPF, ATVI, BIDU, BILI, BKNG, BRK/B, BZUN, COUP, CRNC, CRSP, DAVA, EPAM, EQIX, ESTC, EVBG, EXPI, FB, FVRR, GH, HCAT, HQY, HUBS, KNSL, LITE, MASI, MNST, NEE, NTNX, OLLI, PANW, PAYC, PYPL, QTWO, ROKU, RVLV, SFIX, SPLK, SQ, SWAV, TLRA, TSLA, V

Bold = New Stock or Altered Position
(.5)= 1/2 Position
(2) = Double Position

[BlueWolf]

Hadn't noticed WD before. Interesting choice.

I have been tracking WD off and on now for about a year as it drops in and out of my watchlist. It has been a bit of a spectacular growth story, which is what initially brought it up on my scans. Since their IPO in 2010, revenue has expanded at a spectacular annualized rate of 25%. I opened a position because I like the long term up churn of its chart and the fact that, like many recent stocks, it pulled back hard to a strong area of support on the daily. I also like the fact that it gives me a bit of diversification as I am always heavy with tech stocks (inevitable if you chase growth like I do). This makes my second foray into real estate this round along with RDFN. I am a little more excited about RDFN, which has a unique business model, but WD is a steady earner and you can always use a few of those in your portfolio.

I also took on a few speculative, big upside positions too, most notably a personal favorite, MDLA. I have some slight reservations about the sustainability of their business since they are a 20 year old business that has take a while for them to home in on and refine their product and business model. I really like their unique product, however, and they seem to be executing as their quarterly revenue growth since going public has been excellent.

On a final note, please join me, if you have a mind to, in praying for the victims of the CoronaVirus. This is a deeply troubling infestation that is rocking the lives of a lot of people.

[Louetta]

Hadn't noticed WD before. Interesting choice.

[BlueWolf]

March 3, 2020 Portfolio & Watchlist

I opened a few more positions and added to others today. I also somehow omitted FSLY which I opened on Feb 28th. I’ve added it to the list. Here are my latest positions and newest watchlist:

Current LT Positions:
AAPL, AAXN, AMT, ANET, APPN, AYX, CGNX(.5), CRM(.5), CRWD(.5), DDOG, DOCU, EDIT, EEFT(.5), ETSY, FICO(.5), FLGT(.5), FRPT(.5), FSLY, IIPR(.5), INSP, ISRG, LVGO(.5), LYV, MA(.5), MDB, MDLA(.5), MELI, MSFT(.5), MTCH, NVCR, NVDA, NVTA, OKTA, PING(.5), RDFN(.5), RGEN(.5), SDGR(.5), SHOP, SMAR, SPCE(.5), TDOC, TEAM, TREX, TTD(2), TWLO, VEEV(2), WD(.5), WIX(.5), ZEN(2), ZM, ZS(.5)

Current LT Watchlist:
ABMD, ADBE, AMZN, APPF, ATVI, BIDU, BILI, BRK/B, BZUN, COUP, CRNC, CRSP, DAVA, EPAM, EQIX, ESTC, EVBG, EXPI, FB, FVRR, GH, HCAT, HQY, HUBS, KNSL, LITE, MASI, MNST, NEE, NTNX, OLLI, PANW, PAYC, PYPL, QTWO, ROKU, RVLV, SFIX, SPLK, SQ, SWAV, TLRA, TSLA, TTWO, V, WORK

Bold = New Stock or Altered Position
(.5)= 1/2 Position
(2) = Double Position

[Louetta]

Bought GM, about a three year low for the stock. Pays 5%, dividend well covered by earnings, $1.52 against $4.57 or close to those numbers. Reading articles, they are making a pretty good push into affordable EVs. Figure to hold forever.

[BlueWolf]

March 2, 2020 Portfolio & Watchlist

I added quite a few positions today, which put me about 2/3 in. I’ll be slowing down now as I (anxiously) await the next moves by the market. A few of the stocks I own. Have earnings coming up and I wanted to be in them beforehand. We’ll see how it pans out.

Here are my latest positions and newest watchlist:

Current LT Positions:
AAPL, AAXN, AMT, ANET, APPN, AYX, CGNX(.5), CRM(.5), CRWD(.5), DDOG, DOCU, EDIT, EEFT(.5), ETSY, FICO(.5), FLGT(.5), IIPR(.5), INSP, ISRG, LVGO(.5), LYV, MA(.5), MDB, MELI, MSFT(.5), MTCH, NVCR, NVDA, NVTA, OKTA, PING(.5), RDFN(.5), SDGR(.5), SHOP, SMAR, SPCE(.5), TDOC, TEAM, TTD, TWLO, VEEV, WD(.5), WIX(.5), ZEN, ZM, ZS(.5)

Current LT Watchlist:
ABMD, ADBE, AMZN, APPF, ATVI, BIDU, BILI, BRK/B, BZUN, CRNC, CRSP, DAVA, EPAM, ESTC, EVBG, EXPI, FB, FRPT, FSLY, FVRR, GH, HCAT, HQY, HUBS, KNSL, LITE, MDLA, MNST, NEE, NTNX, OLLI, PANW, PYPL, QTWO, RGEN, ROKU, RVLV, SFIX, SPLK, SQ, SWAV, TLRA, TREX, TSLA, TTWO, WORK

Bold = New Stock or Altered Position
(.5)= 1/2 Position
(2) = Double Position

[BlueWolf]

Feb 28, 2020 Portfolio & Watchlist

I did quite a bit of trading this morning, creeping my way back into the market. I will be doing more trading in the days to come provided the market doesn’t make a another leg down, in which case I will be fastening my seatbelt since I have a healthy stake again.

Louetta, I joined you with a half position in SPCE. It’s an intriguing and I thought I’d take a half position to get some skin in the game.

Here are my latest positions and newest watchlist:

Current LT Positions:
AAPL, ANET, AYX, CGNX(.5), DDOG, DOCU, EDIT, ETSY, FICO(.5), INSP, LYV, MDB, MSFT, NVDA, SDGR(.5), SHOP, SPCE(.5), TTD, ZM, ZS(.5)

Current LT Watchlist:
AAXN, ABMD, ADBE, AMT, AMZN, APPF, APPN, ATVI, BIDU, BILI, BRK/B, BZUN, CRM, CRNC, CRSP, CRWD, DAVA, EEFT, EPAM, ESTC, EVBG, EXPI, FB, FLGT, FRPT, FSLY, FVRR, GH, HCAT, HQY, HUBS, IIPR, ISRG, KNSL, LITE, LVGO, MA, MDLA, MELI, MNST, MTCH, NEE, NTNX, NVCR, NVTA, OKTA, OLLI, PANW, PING, PYPL, QTWO, RDFN, RGEN, ROKU, RVLV, SFIX, SMAR, SPLK, SQ, SWAV, TDOC, TEAM, TLRA, TREX, TSLA, TTWO, TWLO, VEEV, WIX, WORK, ZEN

Bold = New Stock or Altered Position
(.5)= 1/2 Position
(2) = Double Position

[BlueWolf]

Thought the current situation might provide an entry to BRK-B. Down 9.5% recently while SPY is down 12.1%. Buffett said in his Monday CNBC interview that they should outperform in a bear market so there's a tad of a safety net.

BRK-B is one that I’ve had my eye on for a while for an entry, and it’s certainly looking more attractive at current levels. If he means that BRK-B will lose less money than the indices, however, I’m not in for that. That sounds like something my Schwab broker would sell me. “As you can see, this fund only lost 23% in value while the S&P dropped 34%.” 😉 I like to be net positive at all times, if at all possible, but it’s very difficult in a long term bear market. In a short term bear market, it pays to just wait for the bottom and then buy on the way back up. You get great entries that way, like I did in December, 2018 after that short term bear market. AMT, BRK-B and MSFT are three stocks in particular, I’d love to get good entries into.

[Louetta]

Thought the current situation might provide an entry to BRK-B. Down 9.5% recently while SPY is down 12.1%. Buffett said in his Monday CNBC interview that they should outperform in a bear market so there's a tad of a safety net.

[BlueWolf]

If you want to see another interesting recent IPO, take a look at SDGR. Citron Research is really in love with this stock as a long. They apparently sell physics-based software to the pharma market that can be used to research novel molecules for use in drug development. That makes them unique because they’re not tied to any single drug or set of drugs which means they get broad exposure across the entire pharma industry. The one thing that gives me pause is their growth story, which has certainly been good, but not spectacular. Think I’ll add it to my watch list and keep an eye on it at the very least.

[Louetta]

Good choices, Louetta. SPCE intrigues me, but I have no clue as to value it or determine is growth. Still, something in me wants to dabble in that one. Good luck with it.

We talked about that briefly before. Yesterday Palihapitiya talked about the expected revenues, though not the costs. That and the fact it was down more than 50% convinced me to give it a try, plus the fact he was right about TSLA. I did look at the (SPCE) 10Qs and there are all sorts of arrangements about warrants and stuff which made me think maybe it was all carefully arranged to make a few people a lot of money. We'll see.