Simultaneous supply and demand side shocks continue to hinder the economy. Add to that, idiots and morons of the “Free DUMB” non face maskers clan and you get virus spikes that threaten everything from the economic recovery to the stock market and even college sports. The recovery has now hit a calm in which there is no wind and our portfolio ships are merely existing. Unless, of course like me you are an income investor holding stocks like O, and CEFs like FFC, FLC, ETY, EXD, UTF, BST, BST, BME, BMEZ, NRO, GBAB, RFI, RQI, RNP, FOF, PEY, SPHD, BDJ, CII, THQ, BUI, MCR, MGF, HYI, PIM, AWP, IGR, ETJ, ETW, EXG, EOS, ECC, and XFLT. This portfolio has recovered about half way from the original drawdown in March. Doing nothing but taking out dividends seems to work just fine and the portfolio will recover on its own. Faster by rotating through the CEFs when relative price discounts present themselves.

If you are looking more for growth and dividend growth you might consider stocks such as THO, WGO, FSUGY, VALE, GAU, and RGLD for potential growth over the next 30 to 90 days. For dividend growth you might look at RIO, PDCO, EVA, CEO, CHL, BHP, BBL, and AB. The best ETFs for the moment are XBI, JSML, FXL, XSD, JKK. In the near term, expect a tech pull back because tech has been hot lately so you might wait to invest in the tech funds until after that. Good investing!