Interest rate spread between short term and long term rates is increasing. Ex dividend date approaches. The market in general looks iffy for the Summer leading to a rotation back into high dividend payers. Looks like pps is recovering and this may be a good buying opportunity. I would appreciate intelligent disagreement.
How about an intelligent agreement? Stocks typically slow in summer and I agree a rotation back to divvy payers after being drug through the mud the past few months. If it can close above $6, it will move quickly to $6.50 in my humble opinion. Looks like resistance around $6 looking in the rear view mirror. Good luck to all.