Buffet's advice on the markets and earnings plays for the week - Market update 5/2/2022

Sell in May and go away is still NOT the strategy even though April was a bloodbath.  Here are a few ideas: Monday Earnings - $DVN and $MOS Tuesday Earnings - $AMD  Wednesday Earnings - $MRNA Thursday Earnings - $COP - $ZTS is a maybe if you want to take a chance Friday Earnings - $UA  $ATVI - Buffet bought more - $75/share when $MSFT deal is at $95 - buy it with the upside if you think the deal will go through.  $CVX - Buffet bought more  $UCO will be down with China shutdowns, but oil does go higher over time.  $AAPL - it's a sell right now and the monthly chart looks CRAZY - but still a good buy long term  $AMZN - I'm concerned about this one and it's a sell in the algo  $GOOG - I bought more - but it is a sell right now in the algo  $NFLX - I don't own and wouldn't buy based on my personal usage, but it's a buy at $197 in the algo  $MSFT - it's a sell in the algo  Buffet's advice - be fearful when others are greedy (we've been in that market) and be greedy when others are fearful (that's the market we are going in to).  You can't time the market so buy when you think the price/value is there. It's your hard earned money so don't waste it. 

There are no comments yet.

Please log in to write the first comment.