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Stocks you're buying right now...


PatrickBateman
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Just now, joeybagadonuts said:

Continue to HOLD all my US and CHINA short positions(see stock thread for details)… still at least another 20% to drop imo 

 

Don't agree with 20% but if 2023 turns out to be a recession...

Consumers taking on more credit card debt. Wages are flat. Inflation still high.

Housing market on shaky ground.

Not looking good.

 

 

 

 

 

 

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1 minute ago, joeybagadonuts said:

How come you like Sofi? Lots of insider buys recently which is always a good sign, but i dont see much to like about them since they will struggle in a recession, imo. 

New products and adoption digital banking. 

Brick and mortar banks in my opinion will continue to lose customers.

Look at Chime. You get paid early. No fees unless you use an out of network ATM. Easy to move money.

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20 minutes ago, PLB said:

Bought more Disney and Amazon.

SoFi and Arlo Technologies.

Holding Tesla. Went from a 250% return to 15%.

Any other tips?

I think you'll be able to get Disney and Amazon even cheaper in a few months. 

 

Recent buys for me this week are Estee Lauder, Amex, and Halliburton. 

 

Gunna be a rough few months ahead though. 

 

 

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