Financially the month started out great. But news of the corona virus put the markets in a downward trend. The few trades I made this month were the result of the virus reports. I sold Intel (INTC) just before their earnings report. I should have waited until after earnings because the stock went up six dollars a share on news that data center income exceeded expectations. Another tech stock sale I made was MTS Systems (MTSC). I was up on that one and wanted to lock in my profit. I also sold Park Hotels (PK) because I figured they would see an impact from virus travel restrictions. <\/p>\n\n\n\n
Buys for the month included Cisco (CSCO), Pfizer (PFE), and GlaskoSmithKline (GSK). Cisco has a better dividend than Intel and could benefit from the deployment of new networking speed standards. Glasko and Pfizer both have good dividends and should see improved sales as a result of the cold and flu season. I also added to several closed end funds (PFN, JPC, and GNT). The other closed end fund in my portfolio is ETJ. I may add a municipal bond fund. The ones I am looking at are NVG, NMZ, and RMM. It may take a few more months to understand the impact of the new virus. Hopefully they will get it under control before it causes more stress on our financial markets.<\/p>\n","protected":false},"excerpt":{"rendered":"
Financially the month started out great. But news of the corona virus put the markets in a downward trend. The few trades I made this month were the result of the virus reports. I sold Intel (INTC) just before their earnings report. I should have waited until after earnings because<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/167"}],"collection":[{"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=167"}],"version-history":[{"count":1,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/167\/revisions"}],"predecessor-version":[{"id":168,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/167\/revisions\/168"}],"wp:attachment":[{"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=167"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}