Stan Wong
SPDR Portfolio S&P 500 High-Dividend ETF
SPYD-N
BUY
Jan 12, 2023
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%.
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.