I bought last weeks 6mn at 4.82 too.....it's just too easy not to until this funk clears which may take a while save for the little bear rallies here and there
Do you ever consider the foreign dividend giants? I own a little Gerdau, Vale, and BHP all of which pay around 10% dividend depending on the market.....all 3 have outperformed anything else in my trading fund ( up 15-25%)over the last 2 months besides silver....Rio Tinto is another one but I don't own that one yet.
I'm waiting for what I think will be a 20-30% drop in overall stock prices around April/May. Powell will raise rates once, maybe twice by .25 in my opinion but when the market figures out he's not going to start lowering them right away it throws a fit.....and we'll be in a recession too.
I also believe that even with the small raises at the beginning of this year the DXY sags below 100 keeping metals and mining(general and metal mining) some of the better overall producers. In the late summer and early fall the "cocaine" withdrawls will be mentioned by one of the Fed mouthpieces and the market starts to rebound. Talking with some pretty smart RE people and I concur we'll see 4.75-5.25 mortgage rates by the end of this year/beginning of 2024 too.
Gold, sniffing this out will go to somewhere in the 2600-2800 range and pull silver into the mid 30's with it.
******DISCLAIMER******* My predictions are right just the same as a stopped watch is right twice a day