Mistake#1 - Last week I liquidated all my stocks I was holding long-term and put them in Dogecoin because I was trying to chase. I was working on building my dividend portfolio and acquiring some companies that were on sale and I sold them all to chase Dogecoin. Mistake#2 - I then sold my Dogecoins when they dipped and bought when they started to rise thus increasing my cost basis and losing money. This all happened in a day. Cost average into crypto and please don't chase.
A good company to hold long-term. The Consumer Cyclical sector and Home Improvement retail have been doing well. U.S. market is also up. Lowe's is making new all-time highs. I have a pending order for Call Option via Robinhood (LOW $210 Call 5/14).
A good company to hold long-term. I have an order pending for a Call Option via Robinhood (UNH $400 Call 5/14).
Merger of Switchback and Chargeback may not deliver on its promise immediately, especially with the current state of the economy and a lot of EV markets dropping significantly. However, some EV companies are still higher than they were a year ago.
I give most EV products until 2025 to live up to their potential, which may have to be adjusted in the future due to COVID-19.
The deal is done.
When you have a stock in mind. Check the stock's industry. For example, many people are familiar with the payroll service company ADP, and the automatic data processing company is located in the staffing and employment service industry. The chart below from Finviz shows the industry's performance, make your assessment. You can add it to your watch list.