Yesterday was definitely a bad day for the market, GE went out and essentially killed everyone. So, I took the advantage and made this a buying opportunity. I bought up STP in the morning, and then it promptly went further down. This could be a mistake considering that Sunpower (SPWR), a major solar play will be announcing earnings next week, if it misses or guides down, it’s likely to take the entire solar sector down with it. So, STP could be a quick sell if it rallies a little enough for any type of profit.
I also doubled up on my HRP shares, this one at least has a dividend, and I may buy in a bit more if the market drops during next week. My biggest disappointment of the day though had to be Apple, down a lot, definitely a sell candidate if it drops any more. That means taking a large loss from when I bought it last year. But I’ll take the chance since I don’t want to just take the elevator ride down again. Overall, not a good week, but waiting on next week for some buying opportunities.
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