Rocky’s Weekly Stock Picks

Prices are accurate-ish within 24 hours of Market Close on 8/9.

This week we saw some general pullback all around. Even Bitcoin is down. But is this a crash?

NO. The news is dumb and if you pay attention, they’re constantly trying to scare you with words like “recession” and “crash”.

Turn off your TV and look at actual numbers. Besides, lower prices make for better buy opportunity.

1. F - $10.13/share, 5.92% yield distributed quarterly, weekly options. We added a handful of shares when the price dipped to ~$9.75, which is an absolute steal.
   
   Ford pays a fixed dividend, which can often stay the same for years at a time.
   
   
   
   

2. T - $19.40/share, 5.72% yield, distributed quarterly, weekly options. ATT is nearly that $20 mark that we want our cost basis to be under.
   
   T’s actual dividend yield is closer to 7%. Their dividend varies, as the company attempts to maintain that level of return. It’s kind of their thing. That is, being a high-yield blue chip.
   
   
   
   

3. HIG - $107.40/share, 1.75% yield distributed quarterly, options trade monthly.
   
   Hartford Financial is a solid company to park money at. The yield isn’t great, and the share price tracks with the S&P. As long as you aren’t trying to exit on the day of a ‘crash’, there’s nothing much to worry about here.
   
   
   

4. ET - $15.62/share, 8.03% distributed quarterly, weekly options. Buy this dip.
   
   Energy transfer distributions are a return of capital, and thus tax-free! …Until your basis is recovered to 0. There is a K-`1 involved, but it’s an easy one.
   
   
   

5. NKE - $73.82/share, 1.99% paid quarterly, weekly options. This is the symbol for Nike.
   
   Why Nike? More like why not Nike!
   
   Pros - Blue chip dividend, weekly options.
   Con - We’re not even sure what this company does.