Stopped out of Dynex Capital at 14.57.
Despite today’s sell-off, none of our positions have traded down to their stop loss levels. One hour to go, of course, but we’re holding up well considering.
When these 3 stocks are described as “cheap” it means they’re priced at valuation levels of much less than the stock market taken as a whole. Valuation in this case considers price-earnings ratios — that is, how much in earnings is the company generating for the price you pay for its stock. There are other …