Some time ago I posted about my new strategy of playing the Fed finishing rate hikes soon(er), and not being as aggressive as feared.
Plus, I wanted to diversify out of Oil/Gas/Coal/Energy, so I bought bank preferred stocks from several major banks (WFC, JPM, BAC) as well as some smaller ones like Capital One and US Bank, and a couple of smaller local ones.
Since the start of December, all those preferred went up by between 9% (the lowest gain) to 14% (highest of those left), plus some of them paid a dividend. Most are up by 12%.
There are no wild swings, and I am observing their behavior, and learning how to trade them.
The smallest one was the most volatile, and I could always pick few shares below bid. My strategy was to sell it into pre-dividend run. I sold, but it kept going up and up and up... Higher by at least 15% + a dividend from where I sold it about 2 weeks ago. Which means that the learning process has a lot of room to improve.