{"id":56924,"date":"2022-01-19T23:09:39","date_gmt":"2022-01-20T04:09:39","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=56924"},"modified":"2022-01-19T23:13:18","modified_gmt":"2022-01-20T04:13:18","slug":"buy-the-dip-here-are-eight-strategies-for-todays-market-oil-is-going-over-100","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=56924","title":{"rendered":"Buy the dip? Here are eight strategies for today’s market. Oil is going over $100."},"content":{"rendered":"

Amazon dropped 90% in the dotcom bust.<\/p>\n

At that point it had no earnings and no-one believed it. Other companies with few sales and no earnings, but just dreams, fell by the wayside. We\u2019re not there today.<\/p>\n

In my youth I was a financial reporter for Australia\u2019s Wall Street Journal \u2014 it was called the Australian Financial Review. I wrote the daily stock market report. No one I called for an explanation ever had an idea why it went up or down that day. And I still don\u2019t.<\/p>\n

My portfolio is down today. Annoying, largely because it started the day up and I had fond thoughts of a bright, sunny day.<\/p>\n

There are eight \u201cstrategies\u201d today:<\/p>\n

+ Buy oil stocks, because oil is going over $100. I own CVX. I just nibbled at XOM. There are others.<\/p>\n

+ Buy financials, like banks, because interest rates are rising. I\u2019ve never been able to time financials and, as a result, I have not done well with stocks like PayPal, SQ, Goldman Sachs, Morgan Stanley. In fact, I\u2019m out of financials for the rest of my life. They join my list of \u201ctoo hard.\u201d<\/p>\n

+ Buy the dip on stocks you like, e.g. Apple, Nvidia and Ford.<\/p>\n

+ Buy Microsoft because it\u2019s doing everything right, including buying Activision.<\/p>\n

+ Cramer says buy companies that make things and earn a profit. My biggest winner today is PANW (Palo Alto Networks), which is losing money. My biggest loser today is Ford, which makes things and is making money. Go figure.<\/p>\n

+ Day trade a stock like Amazon. Look at its chart. It\u2019s enormously predictable in the short-run. I don\u2019t have trading skills. But friends who do, tell me it\u2019s the best stock to trade because of its predictability.<\/p>\n

+ Eye your stocks that are down 15%+. They\u2019re probably not worth holding any longer. Dump them. Remember hope is not a strategy. Time to sell GNRC.<\/p>\n

+ Do nothing on the basis that covid\/omicron\/supply constraints will be over soon. By summer we\u2019ll be back to \u201cnormal.\u201d Go play tennis. I\u2019ll join you in a month or so when I fix my shoulder. Don\u2019t expect any serving from me. My game will be dinks and lobs. I\u2019ll win because I\u2019ll drive you nuts chasing my junk balls. Read the book Winning Ugly <\/em>by Brad Gilbert.<\/p>\n

Order your free Covid test kits today<\/strong><\/span><\/p>\n

Click here:<\/strong><\/a><\/p>\n

The best quiches in the world<\/strong><\/span><\/p>\n

\"\"<\/p>\n

They\u2019re made by Pieconic in Chatham, NY, my present hometown.<\/p>\n

I eat the cheese and broccoli pie a week. It’s delicious. The quiches (in many flavors) are available on-line from Williams Sonoma. Highly recommended. Click here.<\/strong><\/a><\/p>\n

My telecom technician\u00a0visited this morning<\/strong><\/span><\/p>\n

Here\u2019s what I learned:<\/p>\n

+ If any of your equipment is more than three years old, replace it with new stuff. That refers to everything from cable boxes to Internet routers.<\/p>\n

+ Elon Musk\u2019s Internet satellites \u2014 called Starlink \u2014 are amazingly good. If you live in the boonies or can only get DSL from your miserable phone company, Elon\u2019s satellites are a real alternative. They\u2019re fast and reliable. They\u2019re still in beta so you may need to do some begging to become a customer. When you\u2019re signed, you get a self-install package in the mail with all the equipment you\u2019ll need.<\/p>\n

+ Satellites have pluses over streaming services like YouTubeTV. For example they don\u2019t suffer the buffering you get on slow landline copper connections.\u00a0 The best investment you can make in your home is a one gigabit fiber connection \u2014 even if it costs you $5,000 for the install.<\/p>\n

+ The closer you get your fiber box to your home router the better. Right next to each other on the same shelf is the best. Don\u2019t let them install your fiber box on the outside of your home.<\/p>\n

+ If you have DirecTV turn on the adjustment that lets you receive both HD and low def TV. They\u2019re on different satellites. Sometimes (with weather) . you can\u2019t HD. Getting low def is better than getting nothing.<\/p>\n

+ My favorite TV provider is YouTubeTV. It\u2019s remarkably reliable. remarkably intelligent,\u00a0 and records lots of shows for me.<\/p>\n

+ Roku is great for getting to lots of streaming, including Vera, the British detective, on Amazon Prime which Susan and I are addicted to<\/p>\n

This is a beautiful book<\/strong><\/span><\/p>\n

I won\u2019t summarize it. It\u2019s a good overview of where we are as nation today. Jamie Raskin, in my humble opinion, is brilliant.<\/p>\n

\"\"<\/p>\n

It tasted awful without salt<\/strong><\/span><\/p>\n

I got used to it.<\/p>\n

It tastes awful without sugar.<\/p>\n

I\u2019ll get used to it.<\/p>\n

Sugar looks harmless. It\u2019s not. It\u2019s poison. The more I read about sugar\u2019s ills, the more I avoid it.<\/p>\n

\"\"<\/p>\n

How to shoo off unwanted guests<\/strong><\/span><\/p>\n

Exhibit A: My lunch plate after Rosie licked it clean.<\/p>\n

\"\"<\/p>\n

The story: At a dinner party eons ago, the host collected all the plates. She placed one by one on the floor for the family dog to lick clean.<\/p>\n

After she had a pile of newly-cleaned plates, she announced to her guests that she would place the newly-cleaned dishes back in the closet. Hence she was \u201cnow ready\u201d to serve desert. The guests from hell beat a hasty retreat in disgust And the family spent the rest of the evening laughing.<\/p>\n

This is our Rosie.<\/p>\n

\"\"<\/p>\n

I get press releases<\/strong><\/span><\/p>\n

I actually received this press release yesterday:<\/p>\n

\"\"<\/p>\n

Favorite video<\/strong><\/span><\/p>\n

Mrs. Hughes, who\u2019s wonderful:<\/p>\n

\nhttps:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2022\/01\/Till-Death-Us-Do-Part.mp4<\/a><\/video><\/div>\n

Or click here<\/strong>. https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2022\/01\/Till-Death-Us-Do-Part.mp4<\/a><\/p>\n

Favorite cartoon<\/strong><\/span><\/p>\n

\"\"<\/p>\n

Enforced isolation is taking a toll on all of us<\/strong><\/span><\/p>\n

It leads to stress, and then higher blood pressure, etc.<\/p>\n

There are solutions \u2014 exercise, meeting your mates for breakfast, sitting in a hot tub, taking an afternoon nap, watching the Australia Open (It\u2019s on ESPN2 and the Tennis Channel).<\/p>\n

Everyone of us is different. Check your blood pressure to see if your need is urgent. 120\/70 is close to perfect.<\/p>\n

See you tomorrow, when we\u2019ll discuss Putin and his likely next moves with Ukraine and their implications for the market. \u2014 Harry Newton<\/em><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Amazon dropped 90% in the dotcom bust. At that point it had no earnings and no-one believed it. Other companies with few sales and no earnings, but just dreams, fell by the wayside. We\u2019re not there today. In my youth I was a financial reporter for Australia\u2019s Wall Street Journal \u2014 it was called the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-56924","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/56924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56924"}],"version-history":[{"count":8,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/56924\/revisions"}],"predecessor-version":[{"id":56932,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/56924\/revisions\/56932"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}