Selling Put Contracts- INTEL

Despite all the dire media coverage about the failing Trade Deal, the S&P500 remained above its 50dma and closed out the week only down about 2% from recent record highs. I purchased some addition shares of positions already in my portfolio, but only a small amount.  Further downside volatility is still very likely and IContinue reading “Selling Put Contracts- INTEL”

Now overweight in Contrarian VALUE position with purchase of: IBM, GE & INTC

Today I added IBM, GE & INTC to the contrarian or value portion of the portfolio.  Bringing that strategy to an overweight position of roughly 36%, just behind International which accounts for 40% of the portfolio. All seven contrarian stocks (DIS, GE, IBM, INTC, SBUX, VZ, WMT), as the name contrarian implies, are out-of-favor…but IContinue reading “Now overweight in Contrarian VALUE position with purchase of: IBM, GE & INTC”