XLP Dollar cost averaging back into it here. Took a first entry
as it touched $70.30. Bouncing off the S1 Fib around $70 and well
below the 200 day ma. Great risk/reward long term for consumer
staples. 2.5% dividend. The reversion to mean on it has the 9 day
ma up near $73. Needs over wants in this environment, I
think money will flow here again. The top 4 holdings all over 10%
weightings are PG KO PEP and COST:
XLP Dollar cost averaging back
Posted by fundamentalvalues on 14th of Jun 2022 at 09:58 am
XLP Dollar cost averaging back into it here. Took a first entry as it touched $70.30. Bouncing off the S1 Fib around $70 and well below the 200 day ma. Great risk/reward long term for consumer staples. 2.5% dividend. The reversion to mean on it has the 9 day ma up near $73. Needs over wants in this environment, I think money will flow here again. The top 4 holdings all over 10% weightings are PG KO PEP and COST:
https://www.ssga.com/us/en/intermediary/etfs/funds/the-consumer-staples-select-sector-spdr-fund-xlp