davesaint86 725 posts msg #153041 - Ignore davesaint86 modified |
7/9/2020 12:02:40 PM
I just recently started trading WIZ in my taxable accounts. Pros - Can buy and hold/dollar cost average. Back test results since 2008 = 22% CAGR. Cons - low volume since it is a fairly new ETF, so trades may not trigger when you need them to. Also, could be affected by a black swan event like Covid. Merlyn AI is working on addressing this. I'm currently in WIZ at $28.47 in my taxable accounts. I sold 66% of my shares this morning at $29.55. Merlyn AI also just released a new ETF called SNUG. The volume is too low right now to trade unless you buy to buy and hold.
https://maiindexes.com/bull-rider-bear-fighter
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Cheese 1,374 posts msg #153042 - Ignore Cheese |
7/9/2020 12:42:04 PM
Thank you, davesaint86
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karennma 8,057 posts msg #153052 - Ignore karennma |
7/9/2020 9:09:15 PM
https://www.cnbc.com/2020/07/08/32-percent-of-us-households-missed-their-july-housing-payments.html?__source=iosappshare%7Ccom.apple.UIKit.activity.PostToTwitter
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Cheese 1,374 posts msg #153054 - Ignore Cheese |
7/9/2020 11:32:01 PM
Thanks, karennma
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davesaint86 725 posts msg #153115 - Ignore davesaint86 |
7/15/2020 9:40:51 AM
Sold rest of my WIZ in my two taxable accounts at $29.91 Friday . Bought 33% back in yesterday at $28.72 and $28.59. Hope to sell at the upper Bollinger band which is around $29.95 as of right now. Options expiration on Friday.
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Cheese 1,374 posts msg #153120 - Ignore Cheese |
7/15/2020 11:38:17 AM
Thanks for OpEx reminder, davesaint86
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davesaint86 725 posts msg #153230 - Ignore davesaint86 |
7/21/2020 10:40:20 AM
Sold all of my WIZ yesterday afternoon at $29.96. Wanted to lock in the 4% + one week gain.
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davesaint86 725 posts msg #153232 - Ignore davesaint86 |
7/21/2020 10:54:18 AM
Using this filter, which has some elements of Joanne Klein's (Slo Sto 5.1) help me determine where to buy on the dip.
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davesaint86 725 posts msg #153233 - Ignore davesaint86 |
7/21/2020 10:56:34 AM
So if you set the offset 6 days ago when WIZ had the pullback, you can see it was a decent time to buy some shares.
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Cheese 1,374 posts msg #153236 - Ignore Cheese |
7/21/2020 11:35:11 AM
@davesaint86
GREAT.
Thank you !
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