Monday, April 03, 2017

The New Tranche Is In

April 1st 2017 Tranche

I sold my retiring stocks this morning and bought the five names I mentioned over the weekend. Bit of a bumpy start as BKE had a rough day (retail seems so yesterday).


4/1/2017  Start   Current   Dividend   Pct Gain   R3K Gain 
 BKE  $18.25 $17.55 $0.00 -3.9% -0.3%
 CSCO  $33.91 $33.58 $0.00 -1.0% -0.3%
 GILD  $67.87 $67.10 $0.00 -1.1% -0.3%
 OMC  $86.24 $85.70 $0.00 -0.6% -0.3%
 SYNT  $16.80 $16.58 $0.00 -1.3% -0.3%
 Totals  -1.6% -0.3%


But nothing was exactly inspiring on day 1.  I did add a little bit per stock (say a 5% bump), much less than the 30 to 40% bump I had budgeted for.  Just does not seem to be a great time for going long.

The five rejects were just down 45 basis points as RGR had a nice day. But the five stocks I sold were down an average of 2.2%. So I guess I was better off for the day with the switch.

Oh well, no sense over-analyzing one day.

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