Cornerstone Total Return Fund (CRF) - NYSEMKT
  • Tue, Jan. 19, 12:26 PM
    • Up nearly 1% early in the session, the major averages have pulled back, with the S&P 500 now flat, and the Nasdaq inching into the red.
    • Alongside that pullback is crude oil, which topped $30 per barrel earlier, but is currently off 1.1% on the day to $29.08 per barrel.
    • The 10-year Treasury yield had popped four basis points higher on the bounce, but it too has returned to unchanged on the session at 2.04%.
    • ETFs: CRF, VV, USA, SCHX, ZF, FEX, JKD, EEH, EQL, IWL, ERW, FWDD, ZLRG, SYE, SBUS, USWD, GSLC, USSD
    | Tue, Jan. 19, 12:26 PM | 20 Comments
  • Nov. 18, 2015, 2:27 PM
    • The minutes more or less promise a rate hike next month, and stocks are adding to session gains, with all major averages now higher by 1% or more.
    • Where there's not a lot of movement is in interest rates, commodities, and the dollar - all pretty much as they were prior to the minutes.
    • Given the near-certainty of higher interest rates next month, 30-day Fed Funds futures are leaving a little meat on the bone for speculators, pricing in only about a 65% chance of a 25 basis point move. The Dec. 2016 futures have priced in a Fed Funds rate about 67 basis points higher than it stands today.
    • ETFs: CRF, VV, USA, SCHX, ZF, FEX, JKD, EEH, EQL, IWL, ERW, FWDD, ZLRG, SYE, SBUS, USWD, GSLC, USSD
    | Nov. 18, 2015, 2:27 PM | 15 Comments
  • Aug. 24, 2015, 12:32 PM
    • Stocks are down about 1% (and the Nasdaq just -0.3% as some tech names turn green) -- a bad day on many occasions, but a major clawback from the Dow's 1,000-point-lower opening minutes today, with some more aggressive bargain hunting going on.
    • The Dow's down just 140 now. Advancers at the NYSE are up to just under 200, against nearly 3,000 trading in the red. Apple and Intel are the Dow reps that are in positive ground.
    • The VIX is around 37 after jumping near 50. Earlier, the NYSE invoked Rule 48 (allowing stocks to open without indications) for the first time since the Global Financial Crisis.
    • The dollar is still down against major currencies: -2.6% against yen, down 1.2% against the Swiss franc. The euro was up 1.6% against the dollar. Nymex WTI crude recovered a bit but is still down 3.9% to $38.87.
    • ETFs: SPY, QQQ, DIA, SH, SSO, SDS, VOO, IVV, UPRO, PSQ, SPXU, TQQQ, SPXL, RSP, QID, SQQQ, QLD, CRF, DOG, DXD, RWL, UDOW, EPS, SDOW, VV, USA, SCHX, DDM, VFINX, ZF, QQEW, QQQE, FEX, JKD, EEH, SPLX, SFLA, EQL, QQXT, IWL, SPUU, ERW, FWDD, ZLRG, SYE, UDPIX, SBUS, OTPIX, RYARX
    | Aug. 24, 2015, 12:32 PM | 51 Comments
  • Jul. 15, 2015, 12:45 PM
    | Jul. 15, 2015, 12:45 PM | 2 Comments
Company Description
Cornerstone Total Return Fund Inc is a closed-end management investment company. The Fund's investment objective is to seek long-term capital appreciation through investment in equity securities of U.S. and non-U.S. companies.
Sector: Financial
Industry: Closed-End Fund - Equity
Country: United States