Investing General Discussion

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Zog

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Meh, i went long on tqqq, we're going to get our relief bounce probably this week.

Fear has never been so bad.
 

Asshat wormie

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So what are we buying today?
1647280658732.jpeg
 
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Sanrith Descartes

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Definite rotation going on as people are seeking shelter in low beta stocks. ABBV, ABT, WMT etc all up over 1%+
 

Sanrith Descartes

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I mention it the other day. If you are in the hold cash/ dont buy until things are calmed down take a look at JEPI. It holds high quality stocks and SPY and then sells covered calls against them for profits. Extremely low beta on the share price and pays around a 7% dividend. Its 52-week price range is between $56 and $63 so not much movement at all. At least your cash is doing something while you wait. And 7% almost beats inflation :)
 
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