Daily chart on this commodities play ETF. Bought this instead of $DBC. Check out the dividend on this one. If this turns into a winning trade, I’m keeping gains (once I sell for gains, hopefully) in the underlying. Dividend pays out once yearly in December. Never the same. Commodities oversold in my view too. Putting in a stop/loss later today, end of day, somewhere right below the up trendline.
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Took 2.75% gain here. And did not buy underlying shares here as the dividend only pays out once yearly. Instead, I’ll take gains from all 3 winning trades this morning and buy more of my six monthly dividend payers.
Huge thunderstorms passing through.
Perfect day to sleep in and allow Razah Cat to hang near me as thunder spooks him badly.