What I Am Buying Today.

[Mr1share]

(03-31-2023, 02:25 PM)poneyboy Wrote: Went 70 perfect cash today and into a money market that pays 4.25 percent. Market has ran up way to fast the last weeks. I'm thinking take the guarantee money while you have the chance. I still think the worst has yet to come and better buying opportunities are ahead.  

fake rally in SPY QQQ all low volume, lowest volumes since December. JS lol

I did however buy some names who have not participated in the rally like RY, CVS, PNC, SCHW, CI and USB

Very smart move. Volume has been very light. Something tells me a lot of shorts are going to come in very soon and a retest of the lows will come.

My wife and I have been thinking of doing this as well. And probably Monday I will make a move. Lots of banks offering over  a4 % yield now. I just don't trust this market and the powers to be.

Take your 4-4.5 % and wait in a year when prices are much lower.