ππWhile the world watches the US Iran war enter its 47th day, Nasdaq has defied physics with a 10 Day vertical climb. The reality is there is a brutal maritime blockade in the Strait of Hormuz & talk of a short term peace deal feels more like a smoke machine than reality.
Instead of chasing the dragon in high beta software, which is currently trading like the war has ended, I am currently retreating behind the $SPDR Portfolio S&P 500 Value ETF(SPYV)$ shield.
SPYV is specifically designed to track the S&P500 Value Index which filters the broad market for companies showing the strongest value traits.
SPYV avoids "growth bubbles" as it leans into mature sectors like Financials, Energy & Industrials. These are companies that produce actual goods & steady cash flows.
Top holdings include Apple, Amazon, Exxon Mobil, Walmart & Costco.
In short SPYV focuses on companies that are already profitable rather than those promising future growth.
@Tiger_comments @TigerStars @Tiger_SG
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