Well I wonder how many other tigers are in my position, heaps of liquidity, tons of buying power and margin around 30%. And obviously in disbelief at how much your portfolio has rocketed in November. Well I hope you are all in this position.
What to do then? Personally I've already picked the stocks I'm adding to in December and the option positions I want to close and others I want to open.
I'm extremely bullish on a Santa rally and I think it will continue into January. But, as they say make hay while the sun shines. I will continue to use extra liquidity to buy more stocks but cash that up to reduce my borrowing in January. So I'll be aggressive in December, then a lot more conservative come January.
What does that mean for actual trades? well I have a number of calls I will both sell and excise to improve liquidity. But I will also buy more calls in growth stocks like $Rocket Lab USA, Inc.(RKLB)$ , $SoFi Technologies Inc.(SOFI)$ , $PayPal(PYPL)$ and $Palantir Technologies Inc.(PLTR)$, as opportunities arise.
More importantly I will be increasing my position in the engine room stocks. These are the stocks that don't grow that quickly but provide serious high dividend yields, and also consistently grow that yield. Like $Hess(HES)$. So growth is fantastic but growth stocks don't provide cashflow, I've kinda sold down my power plant of dividend stocks short term to power growth stocks. soon it will be time to build the power plant back up with the profits from growth plants. I won't be chopping down the beautiful growth stocks, merely harvesting their fruits and putting that excess into the engines that fuel the cash coming in.
Several metaphors here today, plants, engines, yes I'm having a glass or two of wine tonight, but it's been an epic November, time to celebrate. If I have a bottle... you will not get anything else from me today lol
Fruitful trading my tiger friends, next week will be interesting
@Tiger_chat @TigerWire @Daily_Discussion @TigerPicks @Tiger_comments @TigerPM @Mickey082024
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