QYLD: Run Far, Far Away (Rating Downgrade)

Josh Arnold
24.79K Followers

Summary

  • QYLD is underperforming in 2023, and I think there's more to come.
  • Nearly 100% of distributions have been investor capital.
  • Selling upside potential during a raging bull market is the wrong strategy.

Businessman draws increase arrow graph corporate future growth year 2022 to 2023. Planning,opportunity, challenge and business strategy. New Goals, Plans and Visions for Next Year 2023.

Galeanu Mihai

Anyone that has read my work knows that I seek out the best relative returns I can find. That means following where money is rotating, using technical analysis religiously, and trying to take the emotion out of investing (which admittedly is

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This article was written by

24.79K Followers
Josh Arnold has been covering financial markets for a decade, utilizing a combination of technical and fundamental analysis to identify potential winners early on in their growth cycles. Josh's focus is mainly on growth stocks. His goal is efficient and profitable use of capital, which overly rigid buy-and-hold strategies do not allow. Josh is the leader of the investing group Timely Trader where he focuses on limiting risk and maximizing potential reward. Features of Timely Trader include: real-time alerts, a model portfolio, technical charts, sentiment indicators, and sector analysis to find the best trading opportunities. Learn more.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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