ADX - 4 Closed-End Fund Buys In The Month Of May 2024

2024-06-14 11:03:53 ET

Summary

• The overall broader indexes were heading higher after April's rather brief and shallow pullback.
• There was a bit more volatility toward the end of the month, which will be interesting to see if that develops into anything more material.
• Every month I make some purchases to compound and grow my monthly cash flow over time.

As the market was moving mostly higher through May after its rather brief April pullback, I was being less aggressive with buying. Toward the end of the month, we did start to experience a bit more volatility, so it will be interesting to see if that turns into anything substantial. The tech-heavy Nasdaq composite index showed the largest increase over the last month as the usual mega-cap growth names led the way higher....

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