What's on your (stock) shopping list ?

We are getting some pretty violent moves in the market, both to the upside and downside.  A market that felt like earlier in the day could be down 2k points on the Dow (someone on CNBC said the same), has now turned positive.  The "buy the dip" buyers have been out in full force in recent memory, and that hasn't changed today.   Just how much cash remains on the sidelines to support this....  

There is no sign of panic in the market, yet, with indiscriminate selling..

@Rush51

 Very, very good opportunities in nearly all markets lately. 

@Rush51

 Took a very large long position on oil clearing 70.  Then flipped short at 95 and again at 105 and 110.  Looked like I was going to get stopped out. 
But it turned around in a hurry.  I didn’t expect the drop to be as big and as swift as it was. 
But I am very, very glad it was.  
Took profits all the way down and now am just holding a small position.  
It was a very nice last few days.  
These are opportunities that only come along every now and then.  
Usually expect the elevator up and the escalator down.
 
But you are correct that the markets had a very up and down last few days.  

I do not know if you saw some of the overnight things last night.  Was way down.  I picked up some stuff that was on sale and took profits around midday.  I wish I had stayed in for the afternoon session.  

But anyone who had key numbers to buy dips probably hit them in the last couple of days.  

@Raiders22

 That is incredible.   That's way too volatile for me to get involved in such trades..  I was indeed watching the pre markets on Sunday night, seeing the Dow down more than 1k points, and oil at $120.  I'm glad the oil trade worked out for you, but wow, that is some gut wrenching volatility ..

I'm a bit skeptical how soon this war will really be over, despite Trump's comments today.  That single statement crushed oil prices, and the stock market bounced hard... I think Trump "blinked" a little bit today on how sideways the oil market got...  It was just last week he said he wanted a voice in who the next Supreme Leader would be,  then Iran puts forward Khomenei's son !   That ain't gonna work out.  So, is Trump going to now abandon this ( secondary) goal of the war ?   Lots of inconsistency, .. we shall see what happens from here. 

@Rush51

 Yessir. Volatility and leverage is not for everyone for sure.  
   You are correct that it is good dip buying chances for folks.  
   If the Iran thing is not ‘resolved’ somewhat soon it could be ugly for investors.  Traders and speculators may like the volatility but the investors do not.  

@Raiders22

 I tend to wait for some pretty 'wide-spreads' before I get interest in buying.   Typically , a correction starts to get me interested ; these buys from people that get triggered just 3-5% from all time highs seems a bit silly.  But to each their own.   That being said, I may go more than a year without significant activity, which is fine by me.  I did recently add a small amount of CRM to an existing position about 3-4 weeks ago at around $191/share, and started a new position in NOW about 2 weeks ago at close to $100.  I am making an obvious bet that these companies will be able to utilize AI, and power their companies with new growth..  The AI disruption threat and potential defect of customers is on the other side that has been crushing Software stocks..  I like listening to CEOs speak before I invest in their companies ... I think this is good practice for any companies, but it is particularly important for tech companies, where you need a chief that knows where he wants to take the company, and is aware of potential threats.

Adapt or Die...  It is a mantra I stick with, and those that stand still will be deemed irrelevant.  Again, this is most relevant to tech companies where the pace of innovation is fast..  

@Rush51

 Yessir.  I understand that.  

Certainly, the investment portfolio should be something where you do not jump in and out of things.

But if you have a trading portfolio that is the time to take advantage of the volatile situations.

Very short term trades should have a very good reasons behind them.

But adding stocks or funds to your investment portfolio can be done in a lot of ways.

Like looking for an undervalued stock or seeing it bounce off of a 200 day moving average.  Or just waiting for the market to drop 15-20%.

I have not been in SalesForce in a long time.  I know folks that trade it daily and short term swing it.

I may look at it again since you recommend it.

I will also look into NOW.  I just have enough AI things at this point that I really like.

But I will look into it also.

@Rush51

 I did pick up some APP calls at the very end of the day.  Just because of the big drop and what I think was a slight overreaction.  
But we shall see. 

@Raiders22

 I always thought APP to be a bit of a meme stock, but here I see it now at a P/E below 30..  Everything is really getting cut down to size in this new norm of a war-economy.  

Today was one of those days I noted was brutal out of the gate, and only got worse as the day wore on to the close ...  This tells me the "buy the dip" buyers are soon being exhausted , and the sellers are taking over.  There is not much standing in front of this market to being down 10% from its high from here  (i.e. a correction).  I firmly believe we are staring at this within the next few weeks.  If today is any clue, these buyers are done, and a new cadre of buyers must step in in the weeks ahead at much lower levels... 

Get the shopping lists prepared now... 

The markets have been surprisingly 'orderly' in light of the Iran War here in recent weeks, and by orderly, I mean no panic, indiscriminate selling to date.  Will that continue  ?  Who knows, but the Bond market showed some signs of cracking on Friday,  w The 10 year Treasury spiking to nearly 4.5%  I found it interesting Trump stepped in to quell any concerns on late Sunday/ early Monday,  saying talks were in progress w the Iranians.   Very "interesting " timing to say the least, as he looks to simmer a stock/bond/oil  market as the war continues on.  

The Russell just entered correction territory on Friday.   Will the larger indexes follow suit in short order?