Has this market gone too far, too fast? Is another crash coming? And what the heck should we be buying now?
I’ll dive into all three questions today, and I think my answer to that last one will intrigue you: it’s a tech-focused closed-end fund (CEF) paying a growing 7% dividend! This under-the-radar fund also employs an unusual strategy that hedges its downside if we do get another pullback.
The One Number to Watch Now
Let’s start with where I see the market headed from here.
At its worst point in this latest crash, the S&P 500 lost about 30% of its value, and it did so in less than a month, only to begin recovering a few weeks later.… Read more