Dividend Growth Split Corp T.DGS

Brutal day...

[mouserman]

One of the bigger selloffs we have seen since last fall...
Do not think DGS is now above the level needed for paying to commons. Saving grace may  be that  Brompton wont do calculationl date for another week.
Market had gotten wayyy too far ahead of itself, bidding up the banks/stocks on the certainty ( analysts were certain) that interest rates would go down quickly in early 2024. The DOW hit alltime highs a number of times ,  on very poor economic realities...regional banks were in trouble,  consumer debt at alltime highs, the US govt debt @ nearly 35 trillion is not sustainable and a million ILLEGAL immigrants had crossed the  US southern border in 3 months. More pressure on budgets caring for and feeding these people. And now a world war brewing in the middle east and europe.
JMHO

[flamingogold]

It's the biggest selloff since March 2023 and.... it was much needed. Corrections are healthy, recessions and depressions are not. Too much froth was in the system. Let's not rag on the banks too much, one just has to look at some of the techies... like ARM which doubled in a parabolic move in a week. Everyone else is hiding in NVDA, AAPL, which barely corrected today, and the other mag 6

[Mmb060]

Froth back on top !

[flamingogold]

Yep, and one of the reasons why one can never exit the market completely. We just never know how long a market can remain extended... up or down.