Pg

PG may sell off with likely coming overall market correction. Be patient, but load the boat up long if the Div yield drops to 2.50%.

This is somewhat unusual because historically at least, people hide money in PG on corrections. So most of the time, you don't get at PG on the cheap.

 

Sorry typo. 3.5% yield.

 

It got to 3% DY during the intraday at about 59.50. It rose from there and it was an automatic scale entry long, imo.

 

This is classic PG action in a slaughter day.

 

Bought some PG vola. With VIX imploding again, and PG dropping fast below 3% div yield, if the market tanks, PG will likely follow until it gets over 3.25% div yield again, imo.

Earnings will likely show the usual steady growth overseas.

 

PG nearing 2.50 Dividend Yield. I doubt it holds these level at that price.