Seriously , if one is looking for a safe stock with great history and future , why wouldn't own pfe in volatile times ?
And 3.48 yield ?
One can have Amazon , Google, Cmg and Wfc and such...but it won't hurt to have some Pfe too.
UXVY hit 90 just 2 weeks ago you all forgot about it. I am long on the market , but expecting some kind of spike on UXVY in short term.
It does not hurt to have a bit in your portfolio .I agree that it will gradually will go down but not yet.
Market will not crash, but will complete the correction and retest the lows that we had earlier IMO.
I am bullish and I think market would be up around %5 by end of the year , but I believe in technicals too and we need a good heavy shake up in the market so we can go higher comfortably,
and that could happen next couple of weeks IMO.I have been wrong many times before.
Oil is going down to 30 if not 20!
It has to test the lows to say the least, more volatility!
I will not to be comfortable to be fully invested in equities till we test the lows.
Buy cheap ,sell high!
Holding Uvxy a and adding more if it goes down a lot.Long on equities and adding on them too if there is a good technical pullback.
The whole world has traded, from Asia to Europe. No indications on stock futures including SPY!
I do post and use and read the messages, but would not be surprised if the Yahoo stock price tumbles and gets under $ 10 !