curious if you still buy back in if price rallies during that 31-day window?I try do do most of my tax loss harvesting by mid-November. This allows me the option to buy back the position over 31 days later into the usual tax related selling. This strategy allows you to maintain the position in the portfolio, use the tax loss, and lower your cost basis at (hopefully) an even lower price.
Depends…if the position is a long term holding then , yes…the position is ALWAYS repurchased, exactly 31
out of curiosity, why Oracle? Why not other stocks that have been sold off due to AI bubble concerns?
$ORCL is compelling for 2 recent news catalysts:
I work in cyber - probably the best sector of the software industry to invest in currently. AI has created a whole new category of exposure and risk.
This has certainly worked out…I bought on that dip in April in the late $60’sDepends on when you bought it…I grabbed a ton of MU when it dumped a few months back
I hope you did!!
MU yearly chart is crazy, 97 was previous high from 2000 tech bubble and didn’t close above 97 till this past year…
Do u still have orcl? Getting pretty oversold here. Maybe buy it by selling some puts?
Add…$147.00
Most oversold it's ever been except for THE 52 week low but might as well see if the 52 week low holds I guess.Add…$147.00
Amazon won't help tomorrow. The 52 week low would make it even more oversold and down over 65%. It doesn't guarantee it won't go lower but with vix up, seems put premiums would be juiced cushioning any further blow if you wanted to buy it anyway.Not sure there is a lot of upside in the short term but I was thinking companies that will benefit from all the $$$ going to AI centers. CAT is holding up well. Going to see what else is doing ok, maybe an ETF to spread risk out.
