Smartrhino01
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$Oxford Lane Capital Corp (OXLC.US)$ Nice dividend stock at this price with a discount on drips
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Thanks! That helps a lot!
Smartrhino01
voted
The weakening of the US dollar is good news for the stock market and for most US companies that receive a large portion of their income from overseas.
Recently, everything has been working against the US dollar.
Bond yields have fallen as inflation rates have dropped, and the fixed-income market expects the Federal Reserve to stop raising interest rates as early as this summer due to the slowing economy.
The rebound in the stock market also indicates that i...
Recently, everything has been working against the US dollar.
Bond yields have fallen as inflation rates have dropped, and the fixed-income market expects the Federal Reserve to stop raising interest rates as early as this summer due to the slowing economy.
The rebound in the stock market also indicates that i...
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Smartrhino01
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$Cornerstone Strategic Value Fund Inc (CLM.US)$ Today I will use CLM as an example of how I profitably average down in a declining market. But I do use this strategy for many other stocks like oxcl,jepq,qyld,occi,gecc,usoi, etc. I have been using this method more recently. I am asked on more than one occasion why I don't just buy once when I think the stock has reached the bottom instead of buying when it simply declines by a few percentage points. For example, why buy CLM for 7.23 when later y...
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