The VIX at 30 is a signal. She's also watching S&P levels. We're near a bottom. She took off some hedges today. She bought sold this today and bought some SPYD calls. The market is very oversold.
Basket of the 80 highest-yielding stocks in the S&P, equally weighted. Likes the equal weight, as it avoids the tilt towards the 34% of growthier tech and communication names. Outperformed the S&P for the last 2 years, and in 2022 it was positive compared to a negative S&P. When interest rates pause, dividends will become more important. Yield is 4.9%.