Get a 12% Yield While Making Tech Boring

No matter your investing goals, I'm sure you love income-generating ideas... After all, who doesn't want more income? [Chaikin PowerFeed]( Get a 12% Yield While Making Tech Boring By Pete Carmasino, chief market strategist, Chaikin Analytics No matter your investing goals, I'm sure you love income-generating ideas... After all, who doesn't want more income? You can reinvest the extra income in the original investment to compound your gains. Or you can take it and diversify into other opportunities. But I bet the last place you would look for an income-generating idea is the tech space... Tech companies don't pay a lot of dividends – or income – in general. Instead, they like to put any extra money back into their research and development efforts. Their stocks thrive on future growth potential. So this type of strategy makes sense for them. But as I'll show you today, one tech-focused exchange-traded fund ("ETF") is set up to provide folks with steady income during volatile times. That's important in the current environment. And even better, the Power Gauge just alerted us to a critical change in its setup... Recommended Links: [TODAY: "The Hands-Down No. 1 Opportunity I've Seen In 10+ Years"]( It's a rare opportunity to start collecting cash yields of 14% or more in this volatile market... set yourself up for a series of cash yields as high as 29% going forward... and potentially see hundreds of percent capital gains over the long term. All with LESS RISK than you might think possible. It's the exact same strategy that Dr. David Efirig uses with around 80% of his own money... and there's a critical reason why he's now recommending you do the same. [Click here by 10 a.m. Eastern time for details](. [Gold Is SOARING... Here's the No. 1 Move to Make]( As overall market volatility continues, the world's financial elite have started piling into the safety and security of gold. But if you're not taking advantage of a little-known way to invest for around $5 today, you're missing out. [Click here for full details](. I'm talking about the Global X Nasdaq 100 Covered Call Fund (QYLD). This ETF debuted about a decade ago. And with more than $6 billion in assets under management, QYLD is far from a secret to investors. The most interesting part is the ETF's yield. I had to check it twice myself... QYLD yields more than 12% right now! You might not think that's possible with a tech-heavy ETF. But here's how it works... In short, QYLD is a covered-call strategy in an ETF wrapper. It owns all the stocks in the tech-heavy Nasdaq 100 Index. And it sells one-month-forward calls on the index to produce monthly income. Also, index options can't get exercised early. So that gives QYLD's buyers an extra level of protection. That brings us to why QYLD is attractive today... Tech is in high demand right now. And that's driving options premiums higher. When expectations are high for future stock-price gains, premiums rise. It's that simple. Even better, the Power Gauge sees the opportunity in QYLD right now. The system recently flipped to "bullish" on this ETF. And its relative strength just turned positive as well... [Chaikin PowerFeed] When relative strength flips to positive, it tells us the ETF (or stock) is in high demand. That tells us it's worth paying attention to – and that's the case with QYLD today. In the end, QYLD could be a great parking lot for a small portion of your investment money right now. But please note that it's a short-term solution. Don't just set it and forget it. Options-based ETFs like QYLD thrive during volatile times. And no one knows how long that volatility might last... The current sentiment in the market is that the Federal Reserve won't keep raising interest rates much longer. That's good news for tech stocks – and in turn, it's good news for QYLD. Remember, yield and price are inversely related. So investors can expect the ETF's share price to climb as its yield drops. Consider taking advantage of this opportunity today. Good investing, Pete Carmasino Market View Major Indexes and Notable Sectors # Hld: Bullish Neutral Bearish Dow 30 -0.09% 11 17 2 S&P 500 -0.39% 140 280 79 Nasdaq -0.88% 43 43 14 Small Caps -0.72% 390 1010 488 Bonds -0.10% — According to the Chaikin Power Bar, Small Cap stocks remain somewhat more Bearish than Large Cap stocks. Major indexes are mixed. * * * * Sector Tracker Sector movement over the last 5 days Industrials +1.82% Real Estate +1.38% Financial +1.29% Materials +1.09% Health Care +0.55% Utilities +0.49% Energy +0.30% Staples -0.08% Communication -0.27% Discretionary -0.94% Information Technology -0.98% * * * * Industry Focus Semiconductor Services 22 15 1 Over the past 6 months, the Semiconductor subsector (XSD) has outperformed the S&P 500 by +19.83%. Its Power Bar ratio, which measures future potential, is Very Strong, with more Bullish than Bearish stocks. It is currently ranked #2 of 21 subsectors. Top Stocks [rating] AMD Advanced Micro Devic [rating] TXN Texas Instruments In [rating] QCOM QUALCOMM Incorporate * * * * Top Movers Gainers [rating] TECH +4.40% [rating] FTV +2.74% [rating] TT +2.26% [rating] EL +2.19% [rating] ETN +2.15% Losers [rating] DISH -9.42% [rating] AAL -9.22% [rating] UAL -6.50% [rating] NCLH -5.98% [rating] WBD -5.83% * * * * Earnings Report Reporting Today Rating Before Open After Close FAST, PGR DAL No earnings reporting today. Earnings Surprises No significant Earnings Surprises in the Russell 3000. * * * * You have received this e-mail as part of your subscription to PowerFeed. If you no longer want to receive e-mails from PowerFeed, [click here](. You’re receiving this e-mail at {EMAIL}. 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