{"id":53736,"date":"2021-03-01T18:23:32","date_gmt":"2021-03-01T23:23:32","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=53736"},"modified":"2021-03-01T18:23:32","modified_gmt":"2021-03-01T23:23:32","slug":"how-to-buy-stocks-in-todays-bull-market","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=53736","title":{"rendered":"How to buy stocks in today’s bull market"},"content":{"rendered":"

After today, my agita has improved, predictably.<\/p>\n

The market roared today. Especially in tech stocks. Our portfolio rose 3.5%, That’s a lot in one day.<\/p>\n

Let’s try some “logic.” We are in a bull market. Reasons? The economy. Stimulus. The vaccines, etc.<\/p>\n

All bull markets have down days, like we saw last week. Nobody quite knows why stock prices plummet one day and skyrocket the next.<\/p>\n

That’s just what they do. Learning to live on a roller coaster is the price of owning shares.<\/p>\n

Picking the shares to own is not difficult.\u00a0 You want fast-growing companies, with some “buzz.” That’s what the market rewards by pricing them higher as they report higher sales\/earnings, and gurus talk more about them.<\/p>\n

I have made your job easier by listing stocks I like in the right hand column of my website. Click here.<\/strong><\/a><\/p>\n

I don’t expect you to own all of them. Go through the list and pick ones you’ve heard of — maybe bought something from. Or read something about them. Don’t worry about the traditional metrics of valuing stocks — like price earnings ratio. Thirteen stocks on the list have P\/Es over 100. That’s way beyond any old time stock analyst will tell you make any sense. But – here’s Tesla. Today it rose 6.36%. Its P\/E, according to my Fidelity screen, is 1,086.32. That’s ridiculous. I own Tesla. I wish I owned more. Will it go higher? I’m not betting against Elon. Everyone who has, has lost out.<\/p>\n

There are stocks I don’t own. I don’t own Boeing. I’ve read too much about their horrible management culture. If I were less scared of flying on their planes, maybe I’d own some shares.<\/p>\n

Apple products give me a lot more pleasure than Boeing products. That’s why Apple is my largest holding. Today it was up 5.39%. Little gives me more pleasure than FaceTime with the kids or the constantly updating PhotoStream photos of the kids.<\/p>\n

There are some stocks I own for special reasons — like Altria (MO) which yields 7.89%. Put a bundle into that, you could earn enough to buy dinners at restaurants — should I ever go to one again.<\/p>\n

I don’t find this stuff rocket science. I am regularly confronted with people who say things like, “The stockmarket is too risky. I’m staying out until I eye the right time to jump in.” If you’re in that camp, here’s one simple tip:<\/p>\n

Look at the last five days of Apple. If you had put a limit buy order in at $121 in the last five days (where I have drawn the green line) you would easily made five points. It looks like at $121 to be what they call “a support level.”<\/p>\n

\"\"<\/p>\n

Susan and I got the second Moderna shot<\/strong><\/span><\/p>\n

Al little achiness. A little tiredness. All over by the third day.<\/p>\n

Now feeling great.<\/p>\n

This is where I’m going for my first trip overseas<\/strong><\/span><\/p>\n

\"\"<\/p>\n

This is a sign on a road near Byron Bay, New South Wales, Australia.<\/p>\n

For more on these wonderful animals which live in trees but occasionally walk to another tree.<\/p>\n