I am sure that the market is going to go down after this monster rally, sometimes in the next few weeks. The question is , Will the AGNC, ARR and similar companies will go south too? I noticed in the past a (contrarian) tendency to do the opposite.?
Obviously, you do not believe the FED is an independent authority. I wonder how many books you 'have not read', written by past FED governors. Or from former presidents who have excerpts reflecting on their struggles dealing with the FEDs independence.
Well, I can only tell you how I am going to play it. Out just before the ex date and this time I won't buy into a SPO. Rather wait the market out and maybe get in about a month or so before the next ex date. I will do same with MTGE, as I like you feel more risk to holding stocks this summer than the upside benefits. Market doe's look tired and if we get a good correction of 10%-15% it will take the merts with it. Maybe percentage wise not as much but for numbers I am playing be world of hurt with a 10% drop.