Luckily I buy Jepi instead of QQQ m Before 2am I saw
Hawkish From fed caused the stock went down
Hey there, folks! Today, we're diving into a hot topic: why I prefer buying Dow Index ETF funds like JEPI over QQQM, especially when the market shows signs of a drop. Let's break it down.
So, we had a bit of a market shake-up recently
. The Federal Reserve decided to keep interest rates steady but hinted at another rate hike coming this year. Moreover, their projection for fewer cuts in 2024 raised some eyebrows. These factors have investors a bit on edge.
Now, let's get into the nitty-gritty.
When the market gets jittery, I like to look at how different ETFs perform. JEPI, tracking the Dow Jones Industrial Average, recently saw a minor dip, going from $54.30 to $54.05, which is less than 1%. On the other hand, ETFs like QQQM, which follow the Nasdaq, had a more significant drop, going from $153 to $149.
Here's the kicker: The Dow Index is known for its stability and includes established, dividend-paying giants like Apple and Disney. These companies often weather market storms better than some high-growth tech stocks found in the Nasdaq. So, when I sense uncertainty in the air, I lean towards Dow ETFs like JEPI.
Now, keep in mind that investing decisions should always align with your overall financial strategy and risk tolerance. There's no one-size-fits-all answer here. But understanding the dynamics of different ETFs and their underlying indices can help you make more informed investment choices, especially in a market that's showing some turbulence.
And remember, the financial landscape is ever-evolving, so staying informed and keeping an eye on those market updates is key. Plus, keeping an eye on industries like auto manufacturing, where labor strikes and union negotiations are ongoing, can give you insights into broader economic trends.
So, there you have it, folks. JEPI over QQQM when the market's feeling shaky, but always do your homework and consult with a financial advisor to make the best choices for your portfolio. Stay tuned for more financial insights, and until next time, happy investing!
@MillionaireTiger @MillionaireTiger @Daily_Discussion @TigerStars do feature me for more real trades and moves so I hope to share with people my strategies
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Gold, silver, and digital currencies are still good commodities to trade in the stock and currency markets.
QQQ, SPY & IWM are all close to strong support levels ! Sell off could be over soon !
Look at a daily chart for the month of September. The trend is clearly down!🙄
The market doesn’t look so good now. It may keep going down.
Yes but we my consider buy a dip soon!!!