AK-at-eToro

Out flow from Nasdaq 100 to safer dividend stock

CURRENCYCOM:US100   US 100
Hi all. I have noticed a trend as the Nasdaq 100(US100) is correcting- the index could keep falling another possible 30% as it has skyrocketed in the last year. The trend is that DVY( iShares Select Dividend ETF) has normally loosely mirrored the Nasdaq 100 but that has changed from around the 19th Feb. It seems that people are moving money to a safer destination from the Nasdaq 100 companies to dividend producers. This is also confirmed in my Australian portfolio as most stocks are down except the big 4 banks which are seeing consistent rises lately. The big 4 banks also are big dividend payers. I hope this analysis is helpful, it has definitely helped my investing. I am guessing the US100 will drop another 30%
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