I think the thin volume driving up trash stocks caused me to sell my TECL, SOXL and FNGU in to this fury.
hahahahahahah told ya so. The Nasdaq is plummeting. See how that works? I hope you took notes Stoney.
All I know is the following. A ways back a month or two they wanted me to buy tech and I said no. Tech went down alot. Instead I made good money in oil and gas, commodity plays and reopening plays. Now I am switching sides and back to tech- I bought 3.That's a big change for me. For a guy that does as much business as I do, to have six accounts all down to zero tech was a pretty bold move and it saved me relative strength and I am out preforming hedge funds because of this. Now as growth slows I am back to high growth ideas. The big argument I am still having with the market is in the consumer space.
Stoney, apparently Wall Street is jumping in high dividends like DVY, HDV, ect... They took out their All Time Highs today.
VAN LETS BUY OT NOW! I HAVE A FUND THAT DOES THIS IT BUYS ON THE WORST DAY! ARE YOU GAME. $269.99 -78.62 (-22.55%) After hours: 4:15PM EDT
I'VE BEEN WATCHING THAT BUT NOT SURE. Higher rates in Cash holdings now... Is this the time to collect a div?