Posted by DigiNomad on 2nd of Feb 2023 at 09:58 am
JEPI - acting weird the last couple of days . I think it went ex
div yesterday, but still seems strange. I wonder if people are
deciding that it was a great instrument last year in the teeth of
the bear, but no so great if we are going into a bull market?
(fwiw, I don't think we're going into a bull market, but I seem to
be in the minority these days). Any thoughts on JEPI
behavior?
I noticed the same for JEPI. FWIW, I bought some on Monday
for the dividend and sold it yesterday morning (I still get the
dividend) in case the market crapped on the Powell comments. Others
may think they had to hold until today to get the dividend, so this
may be more ex-dividend selling, Plus the DOW is down and JEPI is
more like the Dow than the QQQQ.
Posted by DigiNomad on 2nd of Feb 2023 at 10:15 am
sethbru - interesting. Thanks! So crazy that the system allows
people to buy on ex-div date and sell before the payable date...to
avoid the hit to share price from the dividend. Where's Liz Warren
when you need her?
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JEPI - acting weird the
Posted by DigiNomad on 2nd of Feb 2023 at 09:58 am
JEPI - acting weird the last couple of days . I think it went ex div yesterday, but still seems strange. I wonder if people are deciding that it was a great instrument last year in the teeth of the bear, but no so great if we are going into a bull market? (fwiw, I don't think we're going into a bull market, but I seem to be in the minority these days). Any thoughts on JEPI behavior?
I noticed the same for
Posted by sethbru on 2nd of Feb 2023 at 10:07 am
I noticed the same for JEPI. FWIW, I bought some on Monday for the dividend and sold it yesterday morning (I still get the dividend) in case the market crapped on the Powell comments. Others may think they had to hold until today to get the dividend, so this may be more ex-dividend selling, Plus the DOW is down and JEPI is more like the Dow than the QQQQ.
sethbru - interesting. Thanks! So
Posted by DigiNomad on 2nd of Feb 2023 at 10:15 am
sethbru - interesting. Thanks! So crazy that the system allows people to buy on ex-div date and sell before the payable date...to avoid the hit to share price from the dividend. Where's Liz Warren when you need her?