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Stock Market Under Trump
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(03-24-2020, 06:14 AM)The Real Marty Wrote:(03-23-2020, 08:19 PM)Byron LeftTown Wrote: Well, you might as well pile back into ETFs since the FED is going to start buying them. I wonder if they will go up? That is my understanding as well. I have been in on a couple of ETFs for a few days as well as a couple of individual stocks. The ETFs that I bought are DVY which is a pretty good (usually) dividend paying ETF and IXN which is a global tech focused fund. I don't have particularly big positions in either, but after today's rally they both are into "the green" and over time should produce some nice gains. Depending on how things go the rest of this week I may take another "step in" on a few other things and perhaps increase my position. I'm hoping to see a few up days in a row and may wait for another down day to buy some more (depending on circumstances). I am watching The Senate to see if they can get the stimulus bill passed without all of the extra pork being proposed by the democrats. If and when it does pass I do think we will see a decent rally in the markets. I don't expect a full recovery to where we were (DOW above 29,000) until possibly into next year. If it happens before then I would be really surprised. There are 10 kinds of people in this world. Those who understand binary and those who don't. |
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