Garden Growing and 2017 Q3 DIV. Report Q&A XI 10.20.17


EOM Q&A: Garden Growing and 2017 Q3 DIV. Report Q&A XI 10.20.17

Yesterday’s selling was met with buying ending with the DOW and SPX closing in the green.  

On Monday, I analyze the action to see if there are cracks in the dam, so to speak. 
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Last week I stated, “If looking to enter at these levels, one needs at least a 5%+ run to break-even before a 5% pullback. 


On Monday, we studied the last 5% pullback (Nov. 2016) and what happened afterward. 

Today we study the CEF VIP candidates to answer…

1.   Did these funds sell off with the market? 

2.   When the SPX recovered, did these candidates run?

Key Points…

1.  Yes, all nine funds were hit with profit taking along with the SPX-red box

2.   When the SPX ran, all nine funds had positive returns and three outperformed the SPX

Something to consider…

If playing the short game (trading) some funds were excellent candidates

If playing the long game (Garden Growing) zero funds underperformed the SPX, all continued to pay dividends-building additional shares.

What am I looking for?

If these funds had negative returns while the SPX rallied, then I would be cautious with these funds.  As you can see-this was not the case. 

Questions-send them to me at Eyeonthemarket@outlook.com


Enjoy your weekend!

David O. England


Plan your work, work your plan, and share your harvest! 1 Timothy 2:1-2

This information is for Educational purposes only. It shall in no event be construed or interpreted as an offer or recommendation to buy or sell securities of any kind.

DAVID O. ENGLAND is the founder of the Eye on the Market-Training Academy and Associate Professor Emeritus of Finance. This column is presented for educational purposes only and not intended as financial advice.

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