Dividend Growth Split Corp T.DGS

NAV January 2

[AnEducator]

~$15.21. The capital shares closed yesterday at about par value. We have a cushion of ~0.73% to maintain dividend status.

We have started the year simply shedding oversold conditions. Energy is sure to continue to be volatile, with conflicts in the middle east being offser with increasing production from the U.S. Virtually everyone has dismissed the idea of a recession, and that suggests we should all be somewhat cautious.

[BullWink_a_Lot]

Last friday I sold most of my DGS to accumulate a bit of cash as I can smell a correction coming in early 2024.  Taking a small profit is better than taking a huge loss on paper later this month.

[flamingogold]

Interesting how investor minds think. Last year recession odds were high and investors were cautious. Now that many are moving towards a soft landing scenario we should be cautious... again?

[AnEducator]

Actually, pessimism was rampant last year and caution was too prevalent so everyone was on the same side of the boat, so to speak. The pain trade, or contrarian position, was to take advantage of the fear and not to be cautious. To end 2023, optimism was rampant, so the contrarian trade would be to sell into the strength until the euphoria subsides and then jump back in. Having said all that, no