$PEP - SAFE HAVEN -
Added 2024-12-24 12:34:24 +0000 UTCOne month later since I last uploaded this and we got the flush down this week and went as low at $149, which is just at the 0.5 Fib now
The risk here is that the price could still drop down to the 0.618 Fib at $137 but a hold here above $149 and the ABC correction is complete and on time before the market corrects.
I believe $PEP and $KO will perform comfortably during a correction and we can clearly see they have not been following the market to new ATH's over the last 2 years too.
Dividend of 3.58% as well, adds to this sold safe haven position.
Comments
Also during 2020 madness PEP dropped similar amount as rest of market.
Limpy
2024-12-24 18:10:57 +0000 UTCHow safe though? PEP went from $70 to 50 during GFC from September to October 2008? If you're talking mild correction then maybe but if you're stocking money away for a potential real bad time any stock will get crushed. Cash would be king then. Even SLV will drop 50% in the early stages of 2020 style correction so the safe haven will turn into a holding you're just trying to get back to even with before redeploying into other more growth oriented stocks. That's why the only true place to be if one wants funds to redeploy when things get real cheap would be cash. And at over 4% why would anyone want to be in something else for safe haven?
Limpy
2024-12-24 18:09:50 +0000 UTCWould u have Both Pepsi and Coca-Cola or One of Them as a Safe Heaven . Merry X-Mas 🌲 from DK 🇩🇰
Martin Charles Christiansen
2024-12-24 14:27:22 +0000 UTC
