MARKETS,Anybody even yet?

[case]

Back into ALPD. Bought at 5.91 more at 5.75 and again at 5.60. If it continues to drop I will buy some more. Will start selling some at 5.90 and then selling more whenever (if) it gets higher.

[olds442jetaway]

I plan on picking up some tomorrow morning if it opens anywhere near 5.50. Unless overnight or pre market news is earthshaking. I will hope for a 10 percent hit as well.

[olds442jetaway]

I may be in a minority, but I still sense a big market pullback. Same reasons as always plus out of control spending by people already maxed out on credit cards. That will come home to roost sooner than later. And of course out of control Gov’t spending.

[case]

Yes for sure a market pullback....but when. I have money waiting to buy but have been doing swing trades with some of it to keep it working. I also put a lot into cash.to . It is in Canada. It pays 4.85% dividend each month. The first day of the month it sells for 50.00 and buy the end of the month will be around 50.19. Then it pays the dividend and starts over at 50 dollars the next month. It is a straight dividend play and it is a good place to park money while waiting for the markets to drop. You can sell it anytime.

Sold all my APLD Friday between 5.90 and 6.08

[olds442jetaway]

. I figured you did.

[olds442jetaway]

Picked up some more SPHY today. I’ll take the 7.7 div and monthly payout. Very stable the last 12 years 24-27 range. ETF. Money market rates are dropping fast. Mine lost .25 just this week.

[case]

I buy QQQI when it dips below 50 dollars. It has a crazy 15% yield. The ETF has only been around since Jan this year. So far it has done me well but I only buy a few shares each dip. That high of a dividend of course is probably going to erode the NAV but so far it is holding up well. Also it pays monthly dividend. Time will tell.

[tech58]

The top blew off APLD whahopn?

[olds442jetaway]

Yep. I missed the boat. Doing a little homework on qqqi. Thanks

[case]

Ya APLD is like that with huge up and downs. Almost 15% shorts gives this stock huge swings. I am out right now but wil be waiting for a move down. However NVDA putting some money into this stock complicates its future. I will be watching.