Not the best sell but bought the evening before earnings for 133$, so lil short term earnings trade
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16Good evening everyone,
The first steps have been taken. I sold the following shares today:
$KMB (+0,55%) A weak underperformer that operates in a business sector with a poor stomach.
I simply don't see any significant growth opportunities here over the next few years. I'd rather put the money into my broadly diversified world ETF or other investments. I got out with just under +10 %.
$PAYX (-0,22%) Out with around 6.5 % and the reasons for the sale are largely the same as for Kimberly-Clark.
$MSTR (-5,37%) After the rapid rise of the last few weeks, this has become too risky for me. I got out after a short holding period with around 28%.
In addition, the correlation with Bitcoin is very strong. And I'd rather hold my own $BTC (+0,17%) . From another perspective, if the value of the Bitcoin held is roughly half the market capitalization and you ignore the high level of debt, I still don't know where the other half of the market capitalization comes from.
The dividend aristocrat Procter & Gamble was actually also on the hit list for today $PG (+1,08%) Ecolab $ECL (+1,22%) and Colgate $CL (-0,23%) . I'm still not 100% sure about these, hence the vote. I would like to take a closer look. I was particularly fascinated by the 12m chart for Colgate. It looks as if a child has drawn a straight line from bottom left to top right. It's similar with Ecolab, where they have made around 45% in twelve months with dividends. (With Colgate around 40 %)
What happens next? The portfolio will be further reduced/concentrated. The BDCs are high on the hit list $ARCC (+0,64%)
$MAIN (+0,82%)
$HTGC (-2,53%)
REITs, on the other hand, can stay, as they currently have strong momentum and could benefit from falling interest rates. The only one I'm not quite sure about yet and would like to take a closer look at fundamentally when the opportunity arises is $STAG (+1,15%)
Hey everyone,
I'm currently facing the challenge of reducing my portfolio from 77 to a maximum of 30 shares in order to get a better overview and focus my strategy. But I'm not sure how best to proceed.
Should I:
- Sell the stocks that have done badly as they are obviously not performing well?
- Or should I rather sell the ones that have performed best in order to take profits before things go downhill?
- Or simply sell the 40 smallest positions? But there are also many interesting stocks in there that might be worth expanding.
- Or simply sell everything that is heavily weighted in the MSCI World and thus reduce the cluster risk?
Perhaps there is a better approach? What do you look for when reducing your positions? Diversification, dividend yield, or simply the size of the individual positions in relation to the overall portfolio? I look forward to your opinions and tips!
Thanks in advance!
I think I will sell the following titles:
These stocks are very heavily represented in the MSCI World. This reduces cluster risk and frees up capital for speculative growth stocks.
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The REITs remain for the time being as they have positive momentum and will benefit strongly from future interest rate cuts.
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Flying out as I don't understand the industry well enough.
$HIMS (+3,32%) remains, on the other hand.
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Defensive stocks are out, as no excess return is to be expected here.
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$AMD (-2,48%) and $INTC (+4,27%) These are my turnaround candidates, as soon as this is completed, they are out
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The following titles are also on the hit list:
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What do the more experienced among you say? Are there any titles on my list that are worth keeping? Do you see any gross misjudgments? Do you have any suggestions for improvement?
Thanks in advance.
Hey everyone,
I'm currently facing the challenge of reducing my portfolio from 77 to a maximum of 30 shares in order to get a better overview and focus my strategy. But I'm not sure how best to proceed.
Should I:
- Sell the stocks that have done badly as they are obviously not performing well?
- Or should I rather sell the ones that have performed best in order to take profits before things go downhill?
- Or simply sell the 40 smallest positions? But there are also many interesting stocks in there that might be worth expanding.
- Or simply sell everything that is heavily weighted in the MSCI World and thus reduce the cluster risk?
Perhaps there is a better approach? What do you look for when reducing your positions? Diversification, dividend yield, or simply the size of the individual positions in relation to the overall portfolio? I look forward to your opinions and tips!
Thanks in advance!
The same applies to the healthcare sector. If you don't understand the established players, in what constellation do you understand those that are difficult to assess anyway? Defensive stocks are out ... because they are defensive? And AMD is not a "turnaround candidate" - you simply bought far too expensively.
All in all, it gives the impression that you don't really understand individual stocks, i.e. which stocks to buy why and how to value the companies in the first place. I also don't know if you're interested in learning, otherwise you should probably just stick to ETFs (I'm very reluctant to recommend that).
But what it shouldn't be, at least, is that you look at individual stocks as something where you pick the ones that tell a nice story in the hope that you're going to beat the market big time.
What the week brings:
Monday:
- Speech by Mary C. DalyPresident of the Federal Reserve Bank of San Francisco
Tuesday:
- S&P CoreLogic Case-Shiller Home Price Index (April)
- Consumer Confidence (June)
- Speeches by Michelle Bowman and Lisa D. CookGovernors of the Federal Reserve
- Quarterly reports from FedEx Corp ($FDX) (+2,35%)
Carnival Corp ($CCL (+0,6%))
Wednesday:
- New home sales (May)
- Nvidia ($NVDA) (-0,57%) Annual general meeting
- Quarterly reports from Micron Technology ($MU (-3,44%)), Paychex, Inc. ($PAYX (-0,22%) ), General Mills, Inc. ($GIS), Jefferies Financial Group ($JEF (+0,92%) ), Levi Strauss & Co. ($LEVI (+1,83%) )
Thursday:
- Initial claims for unemployment benefits (week ending June 22)
- Preliminary foreign trade in goods (May)
- Preliminary wholesale inventories (May)
- Provisional retail stocks (May)
- Pending home sales (May)
- Durable Goods Orders (May)
- Salesforce Annual General Meeting $crm
- Quarterly reports from Nike, Inc. ($NKE (+0,62%) ), Walgreens Boots Alliance ($WBA (+0,94%)), McCormick & Company ($MKC (-0,41%) )
Friday:
- Personal Consumption Expenditures (PCE) Price Index (May)
- Consumer Sentiment (June)
- Chicago Business Barometer (June)
- Speech by Tom BarkinPresident of the Federal Reserve Bank of Richmond
Paycom reached a 52 week low at 142.6$.
The same price it was trading in 2018, not even during the covid-pandemic it was trading this cheap.
However, since 2018 the revenue tripled, the proftis more than doubled, the free cash flow almost tripled and their market share increased facing giants like $ADP (+0,91%) and $PAYX (-0,22%) .
In a few weeks is gonna be my birthday, thank you Mr. Market for this anticipated gift.
The week summarized:
Monday
- S&P U.S. Manufacturing PMI (final March)
- Construction Spending (February)
- ISM Manufacturing (March)
Tuesday
- Vacancies (February)
- The President of the FED of San Francisco, Mary Dalygives speeches, and the President of the FED of New York, John Williamsmoderates a panel discussion
- Publication of business figures from Paychex ($PAYX (-0,22%) ), Cal-Maine Foods ($CALM (-1,04%) ) and Dave & Buster's Entertainment ($PLAY (+1,04%) )
Wednesday
- ADP Employment (March)
- S&P U.S. Services PMI (final March)
- ISM Services (March)
- The President of the FED of Chicago, Austan Goolsbeegives speeches, and Jerome Powell participates in a forum at at Standford University attends
- Publication of business figures from Acuity Brands ($AYI (+0%) ), Levi Strauss ($LEVI (+1,83%) ) and BlackBerry Limited ($BB (+1,32%) )
- Annual General Meeting of Disney ($DIS (+2,52%) )
Thursday
- US trade balance (February)
- Speeches by Loretta MesterPresident of the FED of Cleveland, and Austan GoolsbeePresident of the Chicago FED
- Publication of earnings by RPM International ($RPM (+0,78%) ) and Conagra Brands ($CAG )
Friday
US Labor Market Report (March)- Consumer Credit (February)
A compact summary of the coming week:
Monday
- New home sales (February)
Tuesday
- Durable Goods Orders (February)
- S&P Case-Shiller Home Price Index (January)
- Consumer Confidence (March)
- Quarterly results from McCormick & Co. ($MKC (-0,41%) ), TD SYNNEX ($SNX (+0,45%) ), GameStop ($GME (+0,56%) ) and nCino Inc. ($NCNO (-1,5%) )
Wednesday
- Quarterly results from companies like Cintas ($CTAS (+0,38%) ), Paychex ($PAYX (-0,22%) ), Carnival ($CCL (+0,47%) ) and Jefferies Financial Group ($JEF (+0,92%) )
Thursday
- Initial unemployment claims (week ending March 23)
- GDP of the USA - second revision (fourth quarter)
- Chicago
Business Barometer (March) - Pending home sales (February)
- Consumer Sentiment - final (March)
- Quarterly results from Walgreens Boots Alliance ($WBA (+0,94%) ), MSC Industrial Direct ($MSM (-1,87%) ) and BRP Inc. ($DOO (+0,22%) )
Friday
- ⚠️Märkte are closed: Karfreitag⚠️
- Publication of the Personal Consumption Expenditures (PCE) index (February)
- Advanced US trade balance (February)
- Advanced Retail inventories (February)
- Advanced Wholesale stocks (February)
Today is with $PAYX (-0,22%) Paychex, a rather boring company, into my portfolio.
Paychex outsources payroll for small and medium-sized companies and the like.
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