AAV is under value with current price of less than 13.50. The recent sell off is overdone, technically it is oversold and fundamentally it has a very attractive > 10% yield return even with the consideration of the lower gas price.
The recent correction is near to the end and very likely to turn around very soon. It is a good buy for traders and long-term investors at current price with very attractive risk and return ratio.
US market very likely has just passed the recent peak and entered into the bear cycle. Now is not the time to long the US stock indexes with slower economic growth around the world. A recession in the near term is possible and the way to profit from this bear cycle is either short the indexes or buy the short ETF like QID.
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