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  • 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
  • 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 StockCharts.com 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
  • 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.
    ONLY 3 ARE SHOWING BELOW 3O: MCC 22, FULL 17, FDUS 25
    TWO OBSERVATIONS:
    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
    Long: HTGC, BDCL, FSIC, MCC, NMFC, BIZD, MAIN, ARCC, PFLT, TCPC, TSLX, GBDC.
    Dec 8, 2014. 12:57 PM | 4 Likes Like |Link to Comment
  • Will Higher Taxes Bring Dividend Stocks Down? [View article]
    Hopefully the polititians of both parties are NOT so stupid as to NOT be TOTALLY aware of the fact that Income (vs growth/capital gains) will become for the foreseable future a much more important component of total return SINCE there is a GLOBAL MACRO and RELSATIVELY faster growing number of persons reaching and (due to longer life expectancy) remaining in the retirement mode of life style who will be (a) relying on INCOME - and GROWIMG INCOME streams from their investment portfolios and (b) converting traditional IRAs and (c) investing more into ROTH IRAs from this year forward due to this year's now allowing for conversion of Traditional to Roth rollovers and especially this year due to the tax advantages to those who wish to convert THIS YEAR to take advantage of spreading the tax implications over the NEXT TWO years.
    I realize these are all known facts. But I am not sure if the many implications have been discounted by the general or institutional or international investing public - are any international investors focused or aware of U.S. IRA tax implications? - and by only but a few of our wiz kid elected representatives who do not really care since they have their own retirement plan which is significantly more beneficial than any plan they have created for those who the represent.
    Jul 13, 2010. 12:52 PM | 4 Likes Like |Link to Comment
  • 30 High Dividend Stocks and ETFs [View article]
    I believe it might be of interest if you were able to screen out ETFs which since inception did not have an increasing 12 month dividend payout. We all know the Aristocrats have had 25 years of annual dividend payout increases- without exception. One would think that if the managers of ETFs which include the words Dividend and Growing in the title should also have the same profile.
    In any event, some screen should be used to indicate the "volatility" of the following 12 month actual dividend payout rather than a
    current yield" based on an annualized return based on the most recent (monthly or quarterly) declared dividend payout.
    In addition,another way of indicating the volatility of the dividend payout record would be to provide a range of past 12 month dividend payouts as well as the most recent past 12 month payout and yield based on current price.
    Just some thoughts suggestions.
    Sep 3, 2009. 09:38 PM | 4 Likes Like |Link to Comment
  • Comparing The Best Dividend ETFs [View article]
    Using the DRIP calculator which provides the Average Annual Total Return assuming reinvestment of dividends, the following are the results based on a start date of 1/3/2007 a year before the top of the equity markets
    Symbol AATR
    VIG 6.39%
    SDY 5.88%
    VYM 5.79
    DVY 3.77%

    Hard to believe that anyone selecting common stocks or ETFs to provide them with dividends as an important component for long term total returns does not use the DRIP to optimize this important power of compounding taught in the first grade of investing.
    Oct 19, 2014. 11:29 AM | 3 Likes Like |Link to Comment
  • Total Return BDCs: Q1 2014 Final [View article]
    It might be "of interest' to learn the "why" ("criteria?" "Methodology?" "ELIGIBILITY"?) behind the decision to no longer include BDCs in U.S. INDICIES.
    Feb 25, 2014. 11:38 AM | 3 Likes Like |Link to Comment
  • Timing Is Everything, And The Time For Coronado Biosciences Is Now [View article]
    Of the approximately 20 million shares owned by institutional and mutual funds shown in today's yahoo finance summary page for CNDO, to what extent did one or more of these SEC disclosed owners sell some or all of their positions on this past Friday and or on this morning's announcement during which shows 16 million as of 11 am ET with a 3.5 mm share at the open.
    Oct 14, 2013. 10:46 AM | 3 Likes Like |Link to Comment
  • American Capital Agency And Rising Interest Rates: Cut Your Losses Or Wait It Out? [View article]
    I note your 3% goal of allotment for your retirement
    .
    How about the other 1/3rd of the investors who are IN retirement seeking a diversified portfolio of securities generating growing of BOTH dividend income and growth of capital.To what extent REITs, mREITS, and HiBred REITS and how about a diversified portfolio of the BDCs?
    Jun 5, 2013. 05:42 PM | 3 Likes Like |Link to Comment
  • Unilife: Ready For Phase 2 Of A Huge Move [View article]
    Since 1/29 SA article price has moved down 11% from 4.40 close to 3.90 most recent. Subsequently, an offering was priced at a big (4.4-3.75=)15% discount.
    the stock opened below 4.20 and has been as low as 3.85 (Nice support by the u/w's) 10 cents above the offer price (good deal, for those invited into the
    offering).
    Interestingly,in the meantime, the HIGHEST target price offered by the 5 sell side analysts has move from as low as 9 in early January to a new high target Price of 15.25 !! This was recorded on on 1/27 !! prior to the date of the SA updated report (which used a TP of 11/share).
    It will be "of interest" to learn about the "profile" of those investors and the extent to which there are reasonable time restriction on such privileged buying supporters from selling to those of us who'd like to accumulate stock at NOT "rigged" prices.
    In the meantime, going from the current 3.90 to the high TP of 15 plus will make my day.
    Feb 3, 2015. 02:12 PM | 2 Likes Like |Link to Comment
  • Putin Overestimates Russia's Economic Strength [View article]
    "Rational" Global Diversification" seems to make "rational" sense in most market environments and brings the following concepts to a "rational mind":
    Buy out of favor !! (Vodka Bottle - Half Full or Half Empty - Straw Hats - Blood in the Streets - Fear vs Greed )
    A well known and recent (almost 6 years ago) Macro Historic Example
    Buy the USofA !! the ETF - "SPY" -
    This was a pretty good idea 5-6 years ago !!
    Potential for LONG term Capital Gains?
    Less than 6 years ago, the SP500 ETF SPY was at 74 in April of 2009 -
    down more than 50% from 155 in less than 6 months in Sept of 2008..
    a year later it was at 119 - up 60%
    It is currently at an all time high - at 208 up 181%.
    Was Buying a basket full of USofA Blue Chips an example of "Rational Speculation"?

    Using similar considerations:
    Are today's markets providing Another GLOBAL opportunity for
    Global Diversification Or should the following be considered "Rational Speculation"?
    Buy out of Favor ?? - seems "rational" (etc.)
    Is Russia "out of favor"?
    In May of 2008 the RSX was at 58 - it's all time high
    LESS than 10 trading days ago RSX was as low as 12.01 -
    Down 80% in six years from it's all time high.
    In less than a week later, it traded as high as 16.53 - up almost 40%.

    A political comment:
    "Most rational investors know that Russia is NOT the U.S.of A !!"
    (Even Putin knows this )

    But ...

    Is the Russia "Dow Jones" (RSX) really going down another 12 or 15 points --- to Zero ?
    ... before the "combined rational wisdom" of the global market investors have "fully" discounted the fact that it JUST MIGHT have some macro problems - some of which are not within the control of it's current Head of State?
    Is there any global investor on this planet who does not already KNOW that investing in Russia is not viewed as a blue chip investment for LOLs ?
    Will RSX stock price go lower from this POINT ?
    "I Guarantee that it most probably will".
    Will there be a "GLOBAL Market Collapse" in the future? Of Course !(That is a rational question - and answer)
    But all markets do not move up or down at the same time.
    And I also doubt that Putin is of a mind to ring any "global" bell to let the world know "when" he has done what it takes to encourage shorts to cover their shorts !!
    If (or should I use "when"?) the Technical Indicator (as an example) RSI(14) registers an (At or below) 30 level, one might rationally and thoughtfully consider to speculate (if that is the correct description) on the long term survival and recovery of the current Russia Economic problems by owning a basketful of Russia Blue chips (similar to theDJIA) using the RSX ETF as a proxy which just might reflect the eventual recovery of whatever factors have created these PAST 6 years of Russia's "Market Collapse".
    I am not sure which number to use - but it will be somewhere between zero and 14.74 - the current low for today. And that is a fact !!
    If in fact the global markets are due to a collapse, perhaps the RSX past
    6 year decline of 83% from the May 25, 2008 highs will provide a "relatively valued" investment opportunity for a timely and rational "speculation" (vs investing in those countries with equity markets hitting all time multi year highs which have not yet suffered a market collapse).
    =======
    Re ..."Western lying-Propaganda..." During these past 100 years, most oil and gas producing countries - NOT JUST "Western" - have continued to include the most recent and increasingly efficient "innovative technologies" to remain competitive
    in the global markets of producers and users. Russia has not and has been paying for such backwardness for decades. I am bullish on eventual recovery of the Russian economy, but it may not be with a belligerent and out of touch Putin riding half naked on a horse attempting to bring back the old ways of the past centuries. Putin is not a necessary factor in my optimistic outlook for the eventual macro recovery. He is and has been one of the common factors responsible for these past decades of decadent declines.
    Dec 29, 2014. 03:33 PM | 2 Likes Like |Link to Comment
  • Comparing The Best Dividend ETFs [View article]
    As a PS to my earlier 11:29 am posting:
    If one were to have invested $10,000 in each of the ETFs mentioned in the article and the above comments on 1/3/2007 and assuming the DRIP plan to enable "brainless" compounding of reinvested dividends, the following would have been the ending values as of 10/17/2014 including the indicated Average Annual Total Returns - AATR - for each.
    VWO $12,857 3.28%
    DVY $13,340 3.77%
    VNQ $13,593 4.02%
    VYM $15,502 5.79%
    SDY $15,605 5.88%
    VTI $16,129 6.33%
    VIG $16,200 6.39%
    QQQ $22,942 * OBVIOUSLY THIS IS A NON DIVIDEND OPTION AND NOT COMPARABLE
    Although the difference between the ending $ values of the first 7 listed above is
    $3,343, and the AATRs a difference of only 3.11%, this is a significant (33.43%) difference in return on the original $10,000 investment.
    Thus, using a portfolio approach of selecting dividend paying ETFs focusing on dividend paying sectors including a handful of each of the following U.S. Based as well as international based Equity Dividend Growth, REITs, Business Development companies and other fixed income securities makes for a reasonable investment plan
    ====
    The following are the ending values of an $10,000 investment dated from the inception of the respective funds and thus are NOT comparable to the above mentioned funds in existence on 1/1/2007.

    HDV $15,988 3/31/11 14.3%
    BND $14,231 4/10/07 4.80%
    JNK $15,424 12/4/07 6.51%
    VEA $9,841 7/26/07 -0.22%
    BKLN $11,360 3/21/11 3.63%

    Calculator used is
    http://bit.ly/Hyaf5H
    Oct 19, 2014. 05:47 PM | 2 Likes Like |Link to Comment
  • Cell Therapeutics: 5 Different Insiders Have Sold Shares This Month [View article]
    Iahonsen:
    I am not so "sure" which one or which ones of "these guys" are included in your one line negative comment about these insiders "not caring" for their shareholders.
    Are you just a day trader who jumped in and used momentum technicals to buy shares at early this year's prices which were quickly discounting some of the many steps taken by management to return the company to at lest potentially big potential?
    Remember "buy low, sell high and if it don't go up DON't Buy.
    Do you not know that most of those who took profits are paid in cash salary as well as in shares of stock to make up for a salary which would have been bigger if they had not received stock which probably was restricted for a period of time??
    And once in a while, it is prudent to diversify stock holdings even if you are a senior management "insider".
    The stock is up a few hundred percent from the lowest level in five years - from the $1.00 level -
    Mar 24, 2014. 11:34 AM | 2 Likes Like |Link to Comment
  • Total Return BDCs: Q1 2014 Final [View article]
    Might be "of interest" to provide a listing bof indexes which as of yesterday had "x" shares or any of the BDcs in their index and thus provide an estimated total number of shares which need to find a new home. Looks like we have a 30 days of potential weakness and a "one time" opportunity to establish some "buy the dip" positions.
    List in order of current number of shares in total indexes and average daily volume might be helpful too.
    Again,many thanks for you great work. Tal
    Feb 25, 2014. 10:59 AM | 2 Likes Like |Link to Comment
  • Rxi Pharmaceuticals, Significant Upside Of 300% Is Expected In Coming Months [View article]
    Is it pure co-incidence that Today the Volume (so far causing some weakness in the stock) SIGNIFICANTLY exceeds the volume on any and all days since the IPO (less than 2 years ago) on which day the stock moved from below 1/share to above 7 per share.
    It was as high as 10.7 less than 8 months ago.
    To what fundamental developments - or lack thereof - is this current "correction of 70%" attributed?
    I am long the stock (as well as ISIS, ALNY and CBST) each of which have delivered a reasonably nice ride without the volatility.
    Hopefully, Pam Pavco's presentation will place into contact the significant up and down moves in the stock and will help potential third party "sponsors" (sell side analysts) address the current lack of sponsorship.
    I am sure I am not alone in looking forward ro seeing new analytic evaluation of the triple digit projections.
    Curiosity: Any hint as to FROM which investors was the stock provided and WHO were the new (Disclosable through filings?) investors (ahead of the presentation)? It will be of interest to many to see the number of shares owned by current board members and the top officers of the current managment team.
    Dec 3, 2013. 12:49 PM | 2 Likes Like |Link to Comment
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