08-20-2021, 04:50 PM
Pharma is in style for the first time in awhile. The only advice I have is you bought high so don't be afraid to trim if you are fortunate to get a run.
We can't know when we should buy or sell 3X QQQ, but for the DGI side of our port we can track some blue chip dividend stocks and wait to nibble in. WBA was a good example. Nobody thought the company was going BK but the stock kept dying. When the dividend yield was ridiculously high it was time to nibble. Some of that boring stuff pays off if you can ignore the share price. They are usually way early but they get plenty of press on our financial sites. Some of this is easier if you just take the dividend and ignore the stock for a year or two if it doesn't run fast.
We can't know when we should buy or sell 3X QQQ, but for the DGI side of our port we can track some blue chip dividend stocks and wait to nibble in. WBA was a good example. Nobody thought the company was going BK but the stock kept dying. When the dividend yield was ridiculously high it was time to nibble. Some of that boring stuff pays off if you can ignore the share price. They are usually way early but they get plenty of press on our financial sites. Some of this is easier if you just take the dividend and ignore the stock for a year or two if it doesn't run fast.