David Stafford's  Instablog

Greek word's/letters are often used in math or science, to substitute for concepts of various sorts. Options tend to be the most "Greek" but today's stock market and yesterday's is perhaps reminiscent of another Greek word, that word being "thanatos" or death. You can almost sense the ancient intrigue and lore surrounding death from an ancient word like "thanatos", however today's market performance was none-too-mystical, but it was surely full of some "thanatos" none-the-less, so lets take a look at some of those whom were spared.

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(NM) Navios Maritime Partners; was up 1 cent.

(NTS) Communications up.

(BMNM) Bimini Capital; mreit up

(Mark Mobius' Templteon Asia Growth Fund) up

(OGZPY) Gazprom up

(Full) "Closed End Investment Company" like Apollo etc. up

(SBLK) Star Bulk Carriers up

(AES) Energy Management etc not negative at least(at the moment; 2:52)

(CROP) Not Negative; Index IQ ETF Trust

(HYEM)(EMHY) Up emerging markets

(MFV) Persona favorite; up "Special" investment trust

(CPLP) Tankers, up

(PHOT)(HEMP) Marijuana penny stocks; up

(SAFT) Insurance group up

(SMDR) Salamander Energy; Emerging market etc energy/exploration up

(TOO) Teekay Offshore up

(GULF) Wisdomtree Gulf-region specific etf up

(CRT) Cross Timbers Royalty Trust up(high yield royalty trust)

(SBR) Sabine Royalty Trust; another high yield royalty trust; up aswell

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PW or Power Reit is for all intents and purposes a group of megalomaniacs bent on taking over the.....just kidding. Power Reit, is an interesting play because its a renewable energy Reit. After perhaps being somewhat confused as to whether or not Solar Capital is just a sort of private investment house, or a green energy tasked investment vehicle per se, I decided to widen my perspective on ways to invest in solar energy. Given that I believe that solar energy is on the cusp of a breakthrough in the next decade or so, I think it would be wise to smuggle some capital away in a good solar investment.

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From my research, it seems that solar manufacturers are often frowned upon as a solar play because of the slim margins that dictate the m.o. of the industry due to for example, state-sponsored competition from overseas etc(Land of the Dragon). Needless to say this did sort of make sense. Even if these solar-manufacturer stocks could get the sort of news-item boosts, hopefully other solar investments might too.

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This is when I stumbled upon PW. PW doesn't have a triple-crown winning rate of return, but at close to 4% it sure beats a savings account, and essentially puts one over the supposed inflation rate, so I guess that's a good thing.

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PW, is also an interesting investment in its own right. Perhaps its not as "sexy" as the corporate governance legend AES, but its still an interesting power play that happens to have an emphasis on renewable energy. As the productivity of solar, and the resources ear-marked for solar begin to increase(aging electricity grid-improvements) we are likely to see their investments perhaps become more valuable due to increase utilization potential, and perhaps storage potential. Hence this is really kind of an interesting investment.

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Yield aside, it might be a good "macro" "direction-of-the-future" play, sort of like MPW, but obviously not as profitable, since its not medical, but power. Land is barring recent crises, cleary not as cash-cowish as medical services either so, clearly this may be the tortois next to the MPW hare, in more ways than one potentially(investment-lock-up-horizon needed to realize desirable return/lower yield etc), but it still might be a good ace in the hole for the long run, and given todays cost of capital etc, it might not be surprising, if some large investors pile into this sort of investment in the future. Either way, PW, might be an interesting renewable-play-Reit, and hence it might have a place in a well diversified portfolio.

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PW Sec Filings; http://pwreit.com/?page_id=371

Though its perhaps at this point somewhat like kicking a dead horse, as a final ode to the previous discussion of the kind of bacteria harbored in super-doped livestock, "Consumer Reports" recently found that animals raised in factory-like settings were often the hosts of much more bacteria than were animals not raised in these settings. Though of course, perhaps this isn't really old news, it may lead some to perhaps engage in some good old fashioned turkey-hunting more often. Living in the somewhat arboreal-southern tip of the north-east-corridor this could perhaps be a fun activity for those in similar necks of the wood. Supposedly a male turkey is actually called a "Jake", and surely there are other tasty tidbits of knowledge that could be learned from this endeavor. Though I'm not personally one to engage in this endeavor, with the huge gun sales increases across the country, their may be more individuals in the market for said-"pass-time" given the new found dearth of armaments, who can say; but surely this sort of news puts the premium on the life of a wild-turkey a little closer to the sky.

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Here's the article;

http://www.huffingtonpost.com/2013/04/30/ground-turkey-study-fecal-bacteria_n_3186285.html?utm_hp_ref=mostpopular

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Graph from article;

(click to enlarge)