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day trading day 2

April 3rd, 2020 at 09:45 pm

So I invested more than I expected today. I sunk in $23k in cash into the market. I said I was sticking to $5-10k, but I ended up more. Why? Here's what I bought and I'll explain below why and what happened.

Stock Cost Daily Value Gain/Loss
UCO $809.95 $1,490.00 $680.05
CCL $806.00 $851.00 $45.00
Costco $5,790.20 $5,772.80 -$17.40
JETS $1,209.00 $1,230.00 $21.00
TSLA $4,786.10 $4,789.60 $3.50
TUP $130.50 $140.00 $9.50
WMT $2,368.00 $2,387.80 $19.80
WTIU $210.00 $220.00 $10.00
KO $4,365.50 $4,387.00 $21.50
KO $5,883.00 $4,387.00 -$1,496.00
KO SUM $10,249.50 $8,774.00 -$1,475.50
XOM $3,924.00 $3,940.00 $16.00
XOM $6,260.95 $3,940.00 -$2,320.95
XOM SUM $10,184.95 $7,880.00 -$2,304.95

First I dollar cost averaged another 100 shares of Coke (KO) and Exxon Mobil (XOM). I like the dividend of both stocks so I figured why not. The long term play is to hold both stocks. This was an extra $8k invested. I DCA KO at $51.74. and XOM at $50.9248. It's possible it'll drop more and I'll want to buy more. But the reasons why I wanted them are still there so I'm buying.

Second I bought 10 shares of Tesla (TSLA) for $4789. I had been regretted not buying TSLA when it hit $900/share and have been wanting to hold it long term. I think it'll be the best EV maker. So I pulled the trigger and I'll be holding it awhile.

Third my interesting possible long term play is Costco (COST) and Walmart (WMT). I put my money where my mouth is. I shop a lot at costco. I think they are going to have a blockbuster quarter and are recession proof. I think the same of walmart. Everyone else I know lives in an urban/suburband bubble. But I think WMT is best positioned for this recession and online grocery order. I think amazon has problems with delivery and stocking groceries. But walmart? They are literally in every small town and across america. They have everything and during this time and moving forward I believe that people will turn to something that is easy to shop. And walmart is getting their online shopping and delivery up to speed. Amazon is struggling with delivery and warehouses. WMT has warehouses already built. These are two stocks I think are long term holds possibly. I also think they are going to go gangbusters during this "recession".

Finally I put in about $3100 in stocks I think can go bust. Literally go to $0.

UCO $809.945 - Crude Oil 2x
CCL $806 - Carnival Cruise Lines need i say more
JETS -$1290 - Airline ETF
TUP - $130 - Tupperware
WTIU - $210 - Oil ETF 3x


So here it is day 2.

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