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  • Contrarian ETFs To Capitalize On Year-End Tax Selling  [View article]
    For my TWO BITS: If any StockChart shows an RSI(14) indicator on any ETF (or stock) with an "at or below 30" level just for a "taxloss", be cautious about selling it without being able to buy a very similarly situated alternative ETF or stock in the same sector with the similar "oversold" RSI indicator.
    Dec 17, 2014. 03:29 AM | Likes Like |Link to Comment
  • Imprivata: Signs Of Decline Heading Into Late December Lockup Expiration  [View article]
    Interesting generalities with no specifics.
    There have been 6 sell side analysts who cover this new IPO based on fundamental analysis since the IPO each rendering an independently determined target price ranging from 18 to 22 which based on the 12/11 opening price of 13 or so amounts to a 12 month potential move of from 40 to 70% gain. Since the IPo the stock has ranged between about 12 to about 17. Have you read any of these independent reports or have you read the IPO prospectus and or do you have any Target Price (range would be nice) we should remember when you update your views 3, 6 or 12 months out? Being down from the IPO.i would suspect "some additional" tax loss selling since all current and recent owners since in inception have a short term loss. What with the potential reward assuming one or more of the 6 bulls turns out to be more accurate - how does your potential short compare with the bull reward if they turn out to be "more better" than your target?
    Dec 12, 2014. 03:45 AM | Likes Like |Link to Comment
  • Tax-Loss Harvesting For BDCs  [View article]
    Surfgeezer- and others who are looking for opportunistic indicators to help in the PRICE and TIMING of fundamentally derived buy/add and partial/full liquidate decisions, I would encourage you to view the RSI(14) indicator.
    If and when thisindicator is at or above 70, the Relative Strength Indicator is showing relatively strong (bullish) "over bought" short term price action and thus may be used to help take opportunistic "TIMELY" advantage of PRICE to take profits and or full liquidation depending on personal investment objectives and strategies.
    Similarly, if and when the RSI(14) indicator is at or below 30, the opposite conclusions are in order.
    In reviewing the RSI(14) indicators for the 26 BDCs listed above, the following RSI levels show that the great majority are showing relatively neutral levels of relative price changes:
    Of the 26 listed BDCs:
    only one is showing "at or above 60" - GBDC is showing 60.
    6 are showing "at or above 50 (to 59):TSLX, PFLT, NMFC, HRZN, TCPC,HTGC.
    9 are showing "at or above 40 (to 49): FSIC, MAIN, GLAD, KCAP, BKCC, ARCC, TICC, MCGC, SUNS.
    7 are showing "at or above 30(to 39): AINV, FSC, PNNT, SLRC, PSEC, TCRD, TCAP.
    It is interesting to note that most (22) of the 26 listed are currently trading in the lower "technically Neutral to bullish " zone between above 30 and below 60.

    The only three BDC ETF/ETN s with RSI levels near the "at or below 30" (as follows BDCS 30, BDCL 29, and BIZD 28). Based on these past relatively weak 11 months, such a break (at or below RSI 30) would suggest an opportunistic TIME to pick up a basket full of BDCs if/when an illiquid market and big seller might result in an opportunistic PRICE - charts show previous support levels:
    BDCS 21.60-23.20; BIZD 18 -18.5; BDCL 19.60 to 21.20
    Dec 8, 2014. 12:57 PM | 4 Likes Like |Link to Comment
  • Prospect Capital And Share Issuances Below NAV  [View article]
    The StockCharts for past 3 years indicate that if investors only bought shares AFTER the RSI(14) indicator for PSEC fell below 30 (only 4 times prior to current drop in the past 36 months) and then buys only on the days that the stock price moves up resulting in the RSI indicator (currently at 28.54 !! ) - to close above 30 - estimate stock would be at recovery price of 9.0 to 9.04- (using a following buy Stop) - has presented a good price and timing indicator to make an opportunistic trade using an exit whenever to stock trades at a subsequent price level which results in an RSI(14) indicator to exceed the 70 threshold.
    So far , each of the first three times - November 2012, June 2013 and May 2014 - have provided significant gains if sold when the RSI indicator closed at or above 70.
    The most recent BELOW RSI below 30 occurred only 2months ago in October at which time PSEC traded as low as 8.3 and subsequently rallied about 15% to the 9.60 levels without hitting the RSI70 level.
    Dec 5, 2014. 10:48 AM | 5 Likes Like |Link to Comment
  • The Black Friday Massacre  [View article]
    Obviously - but worth noting - that the RSI(14) indicator for most of these is now at or below the 30 level reflecting the "relatively oversold" levels which - based on review of the past three years has only occurred a few times with each stock mentioned and within a very short days later each of these stocks were up "relatively significantly".
    At this time of year, the seasonal "tax loss selling" may delay by a few days the snap back recovery.
    Might as well also observe the price action of these stocks following the very few occasions when the RSI was at or above (and subsequently fell back below) the RSI(14) 70 level - representing "relatively over bought" levels.
    Using hindsight, these were nice time to have taken some profits off the table.
    Nov 30, 2014. 05:26 PM | Likes Like |Link to Comment
  • Income Investor Tips For Tax-Loss Harvesting  [View article]
    Using the RSI(14) indicator will help in picking Relatively OVERSOLD stocks due to a short term - seasonal - "tax loss selling" period of time which usually peaks by mid December since such "temporary oversold" levels exist often time resulting in "undervalued" prices on stocks with longer term improving - but not yet recognized fundamentals. During these next few weeks, if and when a stock or ETF's
    RSI(14) is at or below 30 might provide an opportunistic time to buy short term undervalued shares. Just look t the three year charts to see what happened following previous times when the same stock (or ETF) had an RSI at or below 30 or at or above 70.
    Nov 28, 2014. 12:33 PM | Likes Like |Link to Comment
  • This Year's Leading Dividend ETFs Could Face Headwinds In 2015  [View article]
    If you are looking for technical analysis to persuade you to take profits off the table, look no further than the RSI(14) indicator level "at or above 70".
    As many of your readers know a reading of RSI(14) "at or above 70" is a sign that a stock has moved up at a Relatively greater rate to indicate that it has become "overbought" and thus a better sell than a buy.
    Similarly, if and when the RSI is "at or below 30" the stock is considered to have been "oversold" - a better buy than a sell.
    Looking at any charts showing the RSI(14) indicators of any Stock or ETF will help anyone see that such levels have provided reasonably good (aka profitable) entry and exit levels.
    Fundamentals first - but using such an indicator helps with determining time and price - perhaps using following sell stop order (when the RSI is at or above 70) and or GTC buy orders under the market (when the RSI level is at or below 30)
    Nov 28, 2014. 12:07 PM | 5 Likes Like |Link to Comment
  • Flyer's Basket Strategy: Bought 40 BDCL Shares At $23.53  [View article]
    I subscribe to the BDC Buzz Premier service. I suggest that those with a serious - not a day trade for a monthly or quarterly dividend - might check it out. You can get an idea - but only an idea - of the value added he provides by reviewing and evaluating his SA articles ALONG WITH reviewing the many comments of his obviously long time followers of his many readers comments.
    I am a paid subscriber but am not his agent. And I own a portfolio of BDCs for the potential long term risk adjusted Total Returns held in what a currently used (MRD) Retirement IRA account each on a DRIP.
    Nov 26, 2014. 01:16 PM | Likes Like |Link to Comment
  • Biotech Weekly: The Value In Beaten-Down Biotech IPOs  [View article]
    To what extent (if any) do you use the RSI(14) indicator levels of
    To signal an opportunity to use "following GTC Sell (or take partial profits) stops"
    and "GTC Buy limit orders" to add to or initiate new positions?

    Looking at any 3 year StockCharts on any stock or ETF provides one with some idea as to why such an indicator - especially when used with Fundamental analysis - can help in the price and timing of entry and exit levels.
    Nov 26, 2014. 12:27 PM | Likes Like |Link to Comment
  • The REIT Way To Feast On Dividends And Sleep Well At Night  [View article]
    I must have missed any mention of mREITs - saved for another time?
    Nov 26, 2014. 10:59 AM | Likes Like |Link to Comment
  • Biotech Weekly: The Value In Beaten-Down Biotech IPOs  [View article]

    I liked reading your article since I too view the IPO after market opportunities in the BioPharmaMedTech (BPMT) sector as a source of opportunistic investment opportunities of early stage growth companies. My list OF LONG POSITIONS includes the following in Alpha order. Some I have held for a couple years - and have taken partial profits to continue to diversify in terms of number of issues with the intention of reducing portfolio volatility. I use the following "quote" site since it provides a lot of fundamental data as well as access to the past 18 months of corporate news releases and personal, corporate, founding, angel, VC and institutional insider changes in ownership:
    I'd be interested to know if you have had any occasion to review any of the following:
    I am not seeking "sponsorship/support" per se but as those who know this sector, there are many strategically important "inter-relationships" between the Founding Members, Senior Medical Officers, Board members and early stage Angel and VC investors of many of the above companies - for just one example - between ALNY, CBST, GEVA, ISIS, and RGLS.
    Conclusion: Personal relationships at the initial senior level are important to a successful BPMT investment.
    Nov 25, 2014. 12:51 PM | 1 Like Like |Link to Comment
  • Nasdaq New Highs  [View article]
    Next stop >5,000 to q new post 2000 record ??
    Nov 25, 2014. 02:48 AM | Likes Like |Link to Comment
  • Wall Street Overreacts To BIND Therapeutics Presentations  [View article]
    Nice "cautious bull" report - and nice to see that using following GTC stop-loss orders helps risk management despite what appeared to have been good fundamental news from the press and the street.
    It is ALSO interesting to note that the RSI(14) indicator during the last 60 days provide both a "buy" (when the indicator dropped below 30 at the end of September at a price of 7.99) as well as a "sell" (when the indicator closed at or above 70 for a day or two when "coincidentally" the stock was topping out at 10.75.
    Now - only a week or so later - Once again, if fundamentals are as good as they seem to be, and what with the stock back down to new all time lows - below 7/share, the RSI(14) indicator is once again very close to being "at or below 30" - representing another opportunity to attempt to" catch the baby as the dirty water is being thrown out" by investors selling their losers for end of year tax loss reasons - and fundamental investors opportunistically backing up the truck ??
    Nov 24, 2014. 11:20 AM | Likes Like |Link to Comment
  • Why Investors Should Choose Royal Bank Over Wells Fargo  [View article]
    For "Buyandhold 2012", one way to help "...concentrate on buying these stocks when they are cheap..." is to use the RSI(14) indictor to buy and add when the indicator makes drops to an "at or below" 30 Level.
    Look at the three year StockCharts for each of these four and note the stock price levels during each of these instance.
    In the case of RY it occurred 6 times - the last time in mid October 2014 at which time it traded as low as 65.71 - only a month ago.
    Nov 19, 2014. 09:56 AM | 1 Like Like |Link to Comment
  • PGF Vs. SPFF: 2 Preferred Stock ETFs Compete On Their Merits  [View article]
    Another reason to seek convertible preferreds or convertible bonds? Only problem not a big choice.
    Nov 15, 2014. 05:46 PM | Likes Like |Link to Comment