Happy Holidays, Merry Christmas, etc. I seem to be one of the few people at my desk running full speed this fine Monday. I might have to sneak out and play some golf if the sun will peak out.
Speaking of the holidays — if you’re still looking for a special gift for someone in your life this holiday season, why not help them become a better investor and trader by giving them a monthly or an annual subscription to Trading With Cody? Email my team at email@example.com and they will set it up with you and work with you on when/how you let the person know about their Trading With Cody gift.
Speaking of gifts, I’m doing a couple trades here. Tesla/TSLA/TESLA(!) hits the $420 mark. What a ride it’s been since we loaded up on this stock earlier this year at much lower levels. I’m trimming a little of it here, just about 5% or so. I don’t want to sell too much as I still love this stock for the long-term, and we’ve trimmed it a couple times already. But it was and still is my largest position as I mentioned before, and I need to be disciplined with portfolio balancing, as always.
I’m also buying a fresh tranche of Disney (DIS) here. I suppose the stock is down because the latest Star Wars movie sucks and audiences aren’t showing up in droves. Nobody will remember this latest Star Wars movie which is fine, because that includes investors in a few days, I’d expect. Regardless, I like DIS for the long-term and want to get a new tranche in here while it’s off from its highs and down today whatever the reason. We’ll find out if the people selling it to us at $145 today are giving us a gift by next Christmas and in years to come.
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