I've been adding to some existing positions as well. When BMY dropped and the yield was about 3.5% I couldn't help but add some. Added some LMT last week and tried to add some AMGN but then the price went up. Not many good buys at this level but we could get some more opportunities. Would love to get some Honeywell if it ever drops enough. May add some MDT if it drops some more. Love those dividend stocks especially ones that grow that dividend.
Added to my TSLA position. Will probably add to OIH in another week or two.
Thanos was the hero
Not really too bad a day given where it started. Added a little to LEG and ADC and tried to sell a put on HON but it never filled since the market cut its losses towards the end. Be curious to see if we get more down days through the end of the year. It is probably headline driven at this point so no way to tell I guess.
To a degree it is headline driven but most times it would be declining earnings, rising interest rates etc. and the market would gradually absorb it. I'm not sure if it is the computers or just the nature of the headlines (i.e virus) but what would normally take time can happen in a month. That crash down during COVID and the rapid rebound I think must be unparalleled other than the 1987 crash.
S&P500 up over 21% for the year. I’d take a repeat of this for any year.