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#spyi — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #spyi, aggregated by home.social.

  1. #StockMarket

    My position in #SPYI just went negative but only marginally. 🤷‍♂️

    The 12% in dividends that I've been receiving for over a year will offset any loses in "real" terms.

    It's a LT position & as long as it continues to pay the same monthly divs, I'm not bothered by the drop.

    Standing by for another 10-15% drop (which would represent a 15-20% drop from the recent #SP500 high, so that I can average down some more.

    My current buy target is at 40. Last trade today at $47.97.

  2. #StockMarket

    My position in #SPYI just went negative but only marginally. 🤷‍♂️

    The 12% in dividends that I've been receiving for over a year will offset any loses in "real" terms.

    It's a LT position & as long as it continues to pay the same monthly divs, I'm not bothered by the drop.

    Standing by for another 10-15% drop (which would represent a 15-20% drop from the recent #SP500 high, so that I can average down some more.

    My current buy target is at 40. Last trade today at $47.97.

  3. #StockMarket

    My position in #SPYI just went negative but only marginally. 🤷‍♂️

    The 12% in dividends that I've been receiving for over a year will offset any loses in "real" terms.

    It's a LT position & as long as it continues to pay the same monthly divs, I'm not bothered by the drop.

    Standing by for another 10-15% drop (which would represent a 15-20% drop from the recent #SP500 high, so that I can average down some more.

    My current buy target is at 40. Last trade today at $47.97.

  4. #StockMarket

    My position in #SPYI just went negative but only marginally. 🤷‍♂️

    The 12% in dividends that I've been receiving for over a year will offset any loses in "real" terms.

    It's a LT position & as long as it continues to pay the same monthly divs, I'm not bothered by the drop.

    Standing by for another 10-15% drop (which would represent a 15-20% drop from the recent #SP500 high, so that I can average down some more.

    My current buy target is at 40. Last trade today at $47.97.

  5. #StockMarket . . .

    #Drumpf & the #Republicans & their #MAGA supporters own the drop in the stock markets & the rise in oil prices, interest rates & inflation.

    Hopefully, these FACTS will be reflected in the results of the mid-term elections to throw out the #GOP bums & give the #Dems control of both the #House & #Senate again so that they can right the ship.

    In the meantime, my investment in #SPYI is back to even after being up over 10% which means the stock markets have dropped 10% & in are in a "correction" mode based on #Drumpf's shortsightedness & not based on economic reasons alone, not that there weren't any reasons for the markets to drop apart from that.

    In any event, I'm only 66% invested in the stock market & have a lot of $ on the sidelines to take advantage of further drops in the market.

    Not hoping for further drops but given Drumpf's lack of military & financial sense, I would not be surprised if the market drops another 10-15%. now that Drumpf has discovered that #Iran cannot be bullied.

  6. #StockMarket . . .

    #Drumpf & the #Republicans & their #MAGA supporters own the drop in the stock markets & the rise in oil prices, interest rates & inflation.

    Hopefully, these FACTS will be reflected in the results of the mid-term elections to throw out the #GOP bums & give the #Dems control of both the #House & #Senate again so that they can right the ship.

    In the meantime, my investment in #SPYI is back to even after being up over 10% which means the stock markets have dropped 10% & in are in a "correction" mode based on #Drumpf's shortsightedness & not based on economic reasons alone, not that there weren't any reasons for the markets to drop apart from that.

    In any event, I'm only 66% invested in the stock market & have a lot of $ on the sidelines to take advantage of further drops in the market.

    Not hoping for further drops but given Drumpf's lack of military & financial sense, I would not be surprised if the market drops another 10-15%. now that Drumpf has discovered that #Iran cannot be bullied.

  7. #StockMarket . . .

    #Drumpf & the #Republicans & their #MAGA supporters own the drop in the stock markets & the rise in oil prices, interest rates & inflation.

    Hopefully, these FACTS will be reflected in the results of the mid-term elections to throw out the #GOP bums & give the #Dems control of both the #House & #Senate again so that they can right the ship.

    In the meantime, my investment in #SPYI is back to even after being up over 10% which means the stock markets have dropped 10% & in are in a "correction" mode based on #Drumpf's shortsightedness & not based on economic reasons alone, not that there weren't any reasons for the markets to drop apart from that.

    In any event, I'm only 66% invested in the stock market & have a lot of $ on the sidelines to take advantage of further drops in the market.

    Not hoping for further drops but given Drumpf's lack of military & financial sense, I would not be surprised if the market drops another 10-15%. now that Drumpf has discovered that #Iran cannot be bullied.

  8. #StockMarket . . .

    #Drumpf & the #Republicans & their #MAGA supporters own the drop in the stock markets & the rise in oil prices, interest rates & inflation.

    Hopefully, these FACTS will be reflected in the results of the mid-term elections to throw out the #GOP bums & give the #Dems control of both the #House & #Senate again so that they can right the ship.

    In the meantime, my investment in #SPYI is back to even after being up over 10% which means the stock markets have dropped 10% & in are in a "correction" mode based on #Drumpf's shortsightedness & not based on economic reasons alone, not that there weren't any reasons for the markets to drop apart from that.

    In any event, I'm only 66% invested in the stock market & have a lot of $ on the sidelines to take advantage of further drops in the market.

    Not hoping for further drops but given Drumpf's lack of military & financial sense, I would not be surprised if the market drops another 10-15%. now that Drumpf has discovered that #Iran cannot be bullied.

  9. #StockMarket . . .

    #Drumpf & the #Republicans & their #MAGA supporters own the drop in the stock markets & the rise in oil prices, interest rates & inflation.

    Hopefully, these FACTS will be reflected in the results of the mid-term elections to throw out the #GOP bums & give the #Dems control of both the #House & #Senate again so that they can right the ship.

    In the meantime, my investment in #SPYI is back to even after being up over 10% which means the stock markets have dropped 10% & in are in a "correction" mode based on #Drumpf's shortsightedness & not based on economic reasons alone, not that there weren't any reasons for the markets to drop apart from that.

    In any event, I'm only 66% invested in the stock market & have a lot of $ on the sidelines to take advantage of further drops in the market.

    Not hoping for further drops but given Drumpf's lack of military & financial sense, I would not be surprised if the market drops another 10-15%. now that Drumpf has discovered that #Iran cannot be bullied.

  10. @Starcade I anticipated the market dropping significantly after #Drumpf stupidly authorized the military attack on #Iran to "get his way."

    However, while the drop in the market will do serious damage (at least temporarily) to the value of investment accounts (yours, mine & everyone else's), the increase in #MarketVolatility as measured by the #VIX is a good thing from my perspective because it increases the internal valuation of the #SP500 #Options that are traded in #SPYI and yield the income from that #EFT that I have come to enjoy.😊

    investopedia.com/terms/v/vix.a

  11. @Starcade I anticipated the market dropping significantly after #Drumpf stupidly authorized the military attack on #Iran to "get his way."

    However, while the drop in the market will do serious damage (at least temporarily) to the value of investment accounts (yours, mine & everyone else's), the increase in #MarketVolatility as measured by the #VIX is a good thing from my perspective because it increases the internal valuation of the #SP500 #Options that are traded in #SPYI and yield the income from that #EFT that I have come to enjoy.😊

    investopedia.com/terms/v/vix.a

  12. @Starcade I anticipated the market dropping significantly after #Drumpf stupidly authorized the military attack on #Iran to "get his way."

    However, while the drop in the market will do serious damage (at least temporarily) to the value of investment accounts (yours, mine & everyone else's), the increase in #MarketVolatility as measured by the #VIX is a good thing from my perspective because it increases the internal valuation of the #SP500 #Options that are traded in #SPYI and yield the income from that #EFT that I have come to enjoy.😊

    investopedia.com/terms/v/vix.a

  13. @Starcade I anticipated the market dropping significantly after #Drumpf stupidly authorized the military attack on #Iran to "get his way."

    However, while the drop in the market will do serious damage (at least temporarily) to the value of investment accounts (yours, mine & everyone else's), the increase in #MarketVolatility as measured by the #VIX is a good thing from my perspective because it increases the internal valuation of the #SP500 #Options that are traded in #SPYI and yield the income from that #EFT that I have come to enjoy.😊

    investopedia.com/terms/v/vix.a

  14. #StockMarket

    Looks like the stock market is going to open lower again today. The #SP500 #Futures are now down about 0.9% at the moment which means 2 limit orders that I have in on #SPYI will probably get filled immediately, which is ok because I'm averaging down & expect the markets to go even lower in the near term.

    The current near term forecast is for the SP500 to drop another 5% in the next 3 months down to around 5300 & to end the year no better than around 5700-5900 which is a gain of only 2-6% from its current level at 5580.

    finance.yahoo.com/news/goldman