My interpretation of his posts in here doesn't match that at all, but that's ok. We don't all have to share the same opinion, but....when can we move on?
Still recommending ADX and PEO, in what I consider an opportunity. PEO in particular is at a nice low.
Long term or short term?
I looked at ADX and they were under 12 in 2016 and have come home to roost so to say. You’re right it’s moving up right now. Any reason why?
PEO as in Adams natural resource? I’m not seeing the low. Could you clarify a little in what you see?
ADX typically pukes out a huge year end dividend, and its price is absolutely cyclical. It's also discounted 15-16% right now, IIRC. ( Check for yourself, natch.) It's a rare opportunity to buy some of the best American blue chips at a substantial discount. Ditto PEO. (Adams Natural Resources) Both of them are at nice lows. What range are you looking at, six months? Look at ten years. Both are moving up because the equity market is.Long term, of course.ADX typically pukes out a huge year end dividend, and its price is absolutely cyclical. It's also discounted 15-16% right now, IIRC. ( Check for yourself, natch.) It's a rare opportunity to buy some of the best American blue chips at a substantial discount. Ditto PEO. (Adams Natural Resources) Both of them are at nice lows. What range are you looking at, six months? Look at ten years. Both are moving up because the equity market is.
Thanks for the info and putting them on my radar!
You bet!
An interesting side note is that ADX is the oldest closed end fund in the market, founded in 1929. That's staying power.

PGE secures 5.5b for “bankruptcy” support....
Tesla secures Europe....
Earning this week for several large companies look amaze....
Today should be a good opener.
I'd be interested in finding out more about the $5.5 billion. Was that the line of credit?

I'd be interested in finding out more about the $5.5 billion. Was that the line of credit?
PG&E Corp. disclosed Tuesday that it has entered into a commitment letter for $5.5 billion in debtor-in-possession (DIP) financing from J.P. Morgan Chase & Co. Bank of America Corp. and Barclays ahead of the utility company's planned bankruptcy filing on Tuesday. PG&E expects the DIP financing will provide it with "sufficient liquidity to fund its ongoing operations. The company expects the Chapter 11 cases to take about two years. The DIP financing is in the form of a $3.5 billion revolving credit facility, a $1.5 billion term loan and a $500 million delayed draw term loan facility.
My $6 buy order goes unfulfilled.![]()
No one, who matters, cares about US debt, other then political tool.
US dollar is reserve currency, it has control over it, unlike various EU nations, and it has inter generational tax collection capabilities.