OMFGWTFBBQ This Market is Getting Destroyed

I sold my 50 shares of SLB in Pre-market trading at $85.30. Thats 13% down from its all-time-high around $98, which it hit a few weeks ago. I sold my 17 shares of TM for $112.38. SLB is currently trading around $83, TM around $111. PCU is getting hammered, down 13%, trading around $77 - glad I bailed out of that one. RIO is down 9% and trading around $36 - unbelievable.

I couldn't resist my urge to start small positions in Garmin (GRMN) and Fluor (FLR). Probably not the best idea to go long in this market - but if they drop I'll just buy more because I don't mind investing in them long-term. I bought 30 shares of GRMN at $88.82 and 30 shares of FLR at $110.

Materials stocks are getting hit the hardest. Consumer stocks are doing well. Pepsi (PEP) and Procter & Gamble (PG) are actually up today.

At this price, PCU now has an 8.3% dividend yield. That's hard to resist.