After several uneventful months where I stood on the sidelines, I decided to make a fair number of decisions in July, even with all the trade-trash-talking going on. The big trigger for me I think was that it was becoming very clear that interest rates are going to track downward and that may put a floor on stock prices in the short to medium term. So I thought this would be a good time to build up some positions. I still think stock prices are overvalued and continue to have a short position, however we can’t fight the Fed. Maybe I decided to jump in because I haven’t done anything in the past few months and I was itching to put some more money to work? I’m not going to deny that emotions and a certain level of a Fear of Missing Out (FOMO) could be at play here.
New Position: Bought shares in Alphabet (Ticker: GOOGL)
New Posiition: Bought shares in Amazon (Ticker: AMZN)
Bought more shares in iShares Pharmaceutical ETF (Ticker: XPH)
New Position: Bought shares in CVS Health (Ticker: CVS)
Bought more shares in iShares Germany ETF (Ticker: EWG)
Bought more shares in Vanguard Emerging Markets ETF (Ticker: VEE)Read More