MARKETS,Anybody even yet?

[olds442jetaway]

Bax was a good trading vehicle over the last 2 years in 5-10 point swings. Not sure what’s going on with it now, but it doesn’t look good. I did the same trading with PRU. Chart looking bad on that too now. Just curious, is anyone up more than a couple of points overall YTD? Not even sure what my next game plan will be at this point. Even hit and run can be risky with the incorrect timing. Guess I will mostly stay with cash and divs and a sprinkling of hit and run trades. Cash still gets me 4 percent for now. Unfortunately all taxable both Fed and state.
I may even have to jump back in on FHIGX. 3 percent Fed Tax Free. Probably not worth the risk. Fidelity yield after paying the 22 percent Fed tax is still 3.12.

[dinghy]

as long as they haven’t cut the Div.

The div cut was my motivation for plunging into DOW. Some investors are very dividend-focused, and some institutions have dividend mandates. A cut can trigger a stampede, which may trigger bargain pricing imo.

I follow the gold miners closely. Many of them are luxuriating in cash flow, and in general they're opting more for buybacks than dividends. In a cyclical industry, it's hard to maintain a steadily upward dividend trajectory -- and therefore it may be better not to try.

[dinghy]

Just curious, is anyone up more than a couple of points overall YTD?

My confetti is + double-digit %. Too many complications to calculate it exactly. Among larger holdings, my only pathetic losers ytd are BAK (Braskem) and MSOS. Everything else is robusto.

Bax was a good trading vehicle over the last 2 years in 5-10 point swings.

I haven't extracted my first penny. Initiated 2.5 years ago at 44, and I've done nothing but accumulate into the downtrend.

BAX is a scary graph.

It's 63 cents off the low .

[olds442jetaway]

Good job. Need to focus more on short term trading. Always been my strongest suit. I just let it lapse till a couple of months ago.