Comment by 1condoron Jun 24, 2023 1:20pm
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Post# 35512912
RE:Financials still getting hammered
RE:Financials still getting hammered Analog guy...Yep, this ETF couldnt of had worse timing on its debut. A killer divvy for sure but unfortunately the SP price has also been hit quite hard on bank weakness. I do believe that there may be an opportunity here (in the 13's). Take a look at UMAX (a newbie)...again another killer divvy in a sector that has also been hit hard. There is no doubt that both the banking and utility sectors will eventually turn around and with some careful timing of purchases these two ETF's could both turn out to be a decent play. I am also just starting to wade into Preferred Shares (ZPR is my choice) as again this is a sector like is very likely near or at the bottom.