Thursday, February 06, 2020

Thursday 02/06/2020

     This post is a continuation of the $50 a month stock challenge I started October 14, 2019.  Click on, "No Commission Stock Trades", on the right side of the page to read from the start.

     I start the month with $274.36 to invest and that will be my self-imposed trading limit for February.

             $274.36 x 2% =  $5.49 profit needed


   $274.36 self-imposed February trading limit.
    -$   8.48 invested 2 WPG @ $4.24 (projected 03/02)
    -$ 61.60 invested 1 VZ @ $61.60  ($0.61 paid 02/03
    -$ 35.10 invested 2 CXW @ $17.55  ($0.44 x 2 paid 1/15)
    -$ 45.75 invested 1 HP @ $45.75 (ex-date 02/07)
    -$ 22.80 invested 2 ETRN @ $11.40 (ex-date 02/10)
    -$ 35.25 unsettled funds  
     $  65.38 balance to invest

7:00am (CST)
Enter "GTC-EXT-Limit" SELL orders
     2 WPG @ $4.40
     1 VZ @ $61.70 
     2 CXW @ $17.90 
     1 HP @ $46.75
     2 ETRN @ $11.90


Watchlist
      WFC @ $46.50
      MUR @ $19.75
      IVZ @ $17.00
      ENB @ $40.75
      VTR @ $57.50
      BRY @ $6.85

     I am overall a "bull" when it comes to the market. Meaning, I think it will be higher in the long term (1-5yrs.) but I am a "bear" in the short term (days-month).

     The market has been making large gains for a week or so and I do not see that continuing. We have to have a pullback at some point and I would prefer to have "cash" when that happens.

      Hard to pay retail for anything when you know it might be going on sale. That being said, dividend stocks tend to fair better in a sideways or down market. 

Disclaimer, I am not a professional.
your comments are welcome and appreciated or 
e-mail...…..   1948modelblog@gmail.com
     



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