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Johnny Ricco's avatar

I had purchased 200 shares JEPI and JEPQ at the same time about a year ago and I have to say that JEPQ is way out performing JEPI. With that being said, I would check out JEPQ. 👍🏽

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Sandra ---'s avatar

Thanks for the info. I'm new to investing, so any tips are always appreciated.

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President-Elect Zio's avatar

Also JEPQ is an ETF. That means you cannot "own" an ETF. If the issuer/emittent (in thiscase JPMorgan) isn't able or "unwilling" to pay out your money (maybe closing the ETF because of some 'crazy' reasons) the RISK is always on your side with an ETF. In Case of Stocks you own a part of a Company, not the Bank/issuer/emittent owns it. That means: If If I were to buy an ETF, I would always, day and night, have an eye on selling it in time. Because if the financial market really collapses, JPMorgen will also say, "Unfortunately, we can't pay you "your" money, tough luck".

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Jay Blue's avatar

It's important to know if a fund is leveraged, too. During the GFC, there were leveraged ETFs that either had disastrous declines or became defunct.

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Johnny Ricco's avatar

It’s all about Risk isn’t it. :)

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President-Elect Zio's avatar

yessir, there is no chance without risk.

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Carter's avatar

Unless you own the stock certificates you won’t get your stocks back either. You need physical certificates.

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Sandra ---'s avatar

Wow!! Thank you very much!! OMG, that's completely NEW info for me. I had no clue about any of that. Right now, I haven't invested in any ETFs. That's definitely something to think about. Maybe I'll just stick with stocks. I was thinking about Petrobras and Ecopetrol for the dividends. But I think I'm just going to wait and see how things go.

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Smoke and mirrors's avatar

"The S&P could be cut in half"

One can only hope.

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Carter's avatar

Will be way worse than half. That’s just the first crash

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President-Elect Zio's avatar

From my point of view the downmove in stockmarkets perfectly follows the seasonal pattern. That means, it will go down (not very much and surely not 50 %) till end of October and than we will see new stockmarket rallyes. >>> So your President-Elect is prepared to ⚡ BUY ⚡ in about 30 days.

FYI

Dow Jones seasonal average

https://www.seasonalcharts.de/img/INDICES-CSH/DJIA.GIF

Dow Jones pre-election years

https://www.seasonalcharts.com/img/ELECTION-SPE/DJIA_W3.GIF

THIS is our timeline:

https://cbdctracker.org/

...

My Oil stock and Uranium stocks are doing pretty well actually.

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Sandra ---'s avatar

Thanks for the info!!

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Larry's avatar

I bank at BAC. Earlier this month I received an offer to receive a cash bonus if I deposited more money into my account. The terms were that you needed to leave the funds in the account for at least 31 days, up to 90 days.

Deposit $20,000, get $250.

Deposit $50,000, get $500.

Deposit $100,000, get $750.

It sounds like they are desperate for fresh deposits.

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Sandra ---'s avatar

Yes, I think Citizens bank is desperate for cash too. My elderly mother took out CDs there (55K total), so we are going to take the penalty and get her money out. They actually called her a couple of times to say she was pre-approved for loans and then she got 2 mailings for taking out $250K in loans.

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Peter's avatar

Is it a good time to buy JEPI?

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Sandra ---'s avatar

my question too

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President-Elect Zio's avatar

Check the JEPI-Portfolio (downloadbutton for all holdings PDF at th bottom)

https://am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-equity-premium-income-etf-etf-shares-46641q332#/portfolio

Why?

You should know what you are investing in.

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Sandra ---'s avatar

Thanks.

Yeah, on this: "You should know what you are investing in."

I'm also helping my elderly mother manage her money since my father died. And in the ROTH IRA he set up, he was invested in a bunch of fidelity funds. So, I just did what you suggested--checked it out to see what those funds were actually invested in and decided to sell. Seemed like lots of what those funds were in could go down.

.

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President-Elect Zio's avatar

What is arrogance? Arrogance is to believe that you are better than the JEPI with your own selection, to achieve a better performance. >>> So I am (justifiably) arrogant.

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President-Elect Zio's avatar

What is RISK? In the case of an ETF like JEPI the risk is that it's performance is worth than a individual (your) pick of one or some stocks.

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LV OLD MAN's avatar

LOOK AT NOBEL GOLD IRA AND PATRIOT GOLD IRA..

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Paula's avatar

Great report, Greg. I live next to a regional kind of manager (don't know the proper titel) and his wife. 6 months ago, just for fun I asked him about the stability of Bank of America. I was overly assured the Bank is strong and no need to be concerned. Never mind what we all know, but he doesn't even know the CFO & CIO of the bank have been warning this past year of their instability. Sheesh!

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RKIKJEFF's avatar

Caution if you short BoA . They , others , are saying this is a squeeze trap . Markets may go a bit higher before they crater . But that being said , everyone seems to say they will crater! Soon . Just an observation. Stay well !

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Sandra ---'s avatar

Anyone know if Schwab is in trouble? I parked some of my mother's cash in a money market in her brokerage account there because I was trying to help her get out of the smaller banks.

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President-Elect Zio's avatar

By the way. I think // Uranium Energy // is still a buy.

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President-Elect Zio's avatar

While BWXT is the prime contractor and integration lead, other companies working on Pele include: Northrop Grumman, Aerojet Rocketdyne, Rolls-Royce LibertyWorks and Torch Technologies.

Separate from Project Pele, NuScale Power tapped BWXT in 2018 to perform engineering work to manufacture small modular reactors.

https://www.utilitydive.com/news/nuscale-sees-pivotal-step-in-selecting-manufacturer-for-small-modular-rea/533204/

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President-Elect Zio's avatar

interdasting

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ChrisCoonsToupee's avatar

306 MMRI!?

LOL!

It's ogre!

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Brian b.'s avatar

what is everyones bet on what number the MMRI will be when the full metldown gets going?

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ChrisCoonsToupee's avatar

10YT was as high as 15.68% in and DXY was right at 100 in 1981...so potentially 1,568!

https://www.macrotrends.net/2016/10-year-treasury-bond-rate-yield-chart

https://www.macrotrends.net/1329/us-dollar-index-historical-chart

There's a lot more currency in the system and tons of other issues now as compared to 1981 though... Shit will start cracking any day now.

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Straw Man's avatar

After 300 higher numbers are just entertainment

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ChrisCoonsToupee's avatar

Got my gold, silver, brass, lead, and popcorn ready.

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BooBoo's avatar

When gold and silver sky rocket, gold and silver mining stocks will sky rocket as well, Yes/No?

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Brian b.'s avatar

I would think so , but remember the metals are going to tank when the market meltsdown the real rise will be after the dust settles

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Straw Man's avatar

Always is with suckers holding the bag 💼

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Les Ranger's avatar

That is a definite. But pay attention gold and silver will crash with the rest of the market. Then load up not until then.

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Brian b.'s avatar

yes alot still dont seem to get that , the paper price of the market will sink with the ship the real rise will be out of the ashes of the black hole the market went into

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Straw Man's avatar

🤣😂

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Ol Hickory's avatar

Spot price might fall, but premiums on physical would likely skyrocket. I don’t think it’s worth trying to hold out for a better price when you could miss

out entirely

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Brian b.'s avatar

agree if your trying to time the market to save a few dollars you may miss the boat on physical

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Straw Man's avatar

Yeah beat the herd

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Andy Buchanan's avatar

I hope so

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Doug Kulik's avatar

Costco is now selling gold bars Greg. And they can't sell them fast enough. One ounce bars! What's that telling you my friend?????

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awappes's avatar

Indiana ATMs still down today.

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Doug Kulik's avatar

Greg, just saw that Costco is now selling 1 ounce gold bars. And they can't sell them fast enough. What's that telling you about confidence in fiat currency these days.

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IRUUR1's avatar

The Fed appears to be buying the debt at a rate that is allowing the 10-year yield to rise in a dangerous range, hoping to create a timeline, long enough before the economic collapse occurs, to meet their requirements for controlling the situation during the collapse. It may now be beyond their control. They may be able to manage maximum saturation for a few more months as the 10-year yield rises. Our awareness of the situation is a factor for them. At the present rate of public awareness, and growth, it is safe to say that the longer they wait, to institute any crises, the less public credibility they retain. They weaponize the central banks, to function to their advantage, using the laws of energy to target the economy. The market and economy is energy. It conforms therefore to the laws of energy, governing the universe. They are monitoring us transactionally, on many levels, to gauge resistance in the system, for maximum population control at collapse. If the 10-year yield spikes up to 48 this week, or early next, there is likely, trouble in the bubble.

A human resource environment targetable weapons system, based on the laws of energy, and energy forcing.

Silent Weapons For Quiet Wars. An introductory programming manual. OPERATICS RESEARCH TECHNICAL MANUAL. TM-577905

https://iruur1325.substack.com/p/touching-base-on-previous-topics

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