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  • The Fed Should Raise Rates Now; However, It Won't [View article]
    Raising interest rates in the face of stagnant wages and cost-push inflation would decimate our economy.
    Sep 11 05:16 AM | Likes Like |Link to Comment
  • Medley Capital: BDC Risk Profiles [View article]

    I'm using and on both the 200-ema & 200-sma, MCC is trading above both 200 day averages. Additionally, on both charts MCC is showing a Golden Cross (more recently on the sma chart).
    Sep 9 01:18 PM | 1 Like Like |Link to Comment
  • Medley Capital: BDC Risk Profiles [View article]
    Thanks for the article!!
    Sep 9 01:05 PM | 1 Like Like |Link to Comment
  • QE3's Ominous End Looms For Stock Markets [View article]
    "The sky is falling, the sky is falling", oh wait, wrong fairy tale.
    Sep 6 03:19 PM | 1 Like Like |Link to Comment
  • Sucker Yield REITs: Does Annaly Capital Management Qualify? [View article]

    From what I've read recently, due to shale oil production, the percentage of oil we consume that is produced in the U.S. has risen 39%.

    Taken from another source, "The US shale oil boom has put refineries in Europe out of business and undercut crude suppliers in west Africa. Now drillers in the US threaten to roil Asian markets and challenge producers in the Middle East and South America.

    Fifteen European refineries have closed in the past five years, with a 16th due to shut this year, according to the International Energy Agency (IEA), as the US went from depending on fuel from Europe to being a major exporter to the region.

    Nigeria, which used to send the equivalent of a dozen supertankers of crude a month to the US, now ships fewer than three, according to the US Energy Information Administration (EIA)."

    Once the regulation limiting oil exports is lifted, TX will really take off.
    Sep 6 09:20 AM | Likes Like |Link to Comment
  • If Annaly Is For Suckers, I Plead Guilty [View article]
    Today's volume on NLY was 7.2 million and NLY closed up 0.68%. There certainly doesn't seem to be a shortage of buyers.
    Sep 6 06:09 AM | 2 Likes Like |Link to Comment
  • Sucker Yield REITs: Does Annaly Capital Management Qualify? [View article]
    Talk about interest rates for a moment.

    2014 interest paid on our national debt will be $231 billion dollars.

    The CBO says they expect the interest rate on our national debt by 2024 to be 3.9% bringing annual interest paid to $799 billion dollars. Where's the money going to come from?

    Labor workforce participation rate stands at 62.9% (July), 0.01% above a 30-yr low. July, 2007 was 66% and the Fed said this “The evidence we present in this paper suggests that much of the steep decline in the labor force participation rate since 2007 owes to ongoing structural influences that are pushing down the participation rate rather than a pronounced cyclical weakness related to potential job seekers’ discouragement,”.

    U.S. - U-6 unemployment stands at 14% (the number we should be looking at, not U-2)

    What about Europe, Africa, Russia, & China will help pull the U.S. economically ahead to cause our economy to sizzle again? European incomes have declined between 2 to 5%. China is slowing down. Russia is its own story. Africa has Ebola wreaking havoc.

    How much wage growth have we had in the last 5 years? Since 2009 wage growth has been at a virtual standstill? What's going to drive demand-pull inflation? The only inflation we're seeing is cost-push. It would be moronic to raise interest rates because of cost-push inflation on stagnant wages.

    My understanding is that 10,000 Baby Boomers are retiring each day. How much money do they have? What are their income needs?

    Anyone that stays abreast of global economics and how the U.S. fits in it all knows I've only scratched the surface.

    The point is - what exactly does anyone foresee that is going to cause a collapse of NLY's stock price? Personally, I don't see any kind of aggressive upward move in interest rates. Unless of course, a person is intent on totally trashing our economy.
    Sep 6 05:53 AM | 2 Likes Like |Link to Comment
  • Is It A Good Time To Buy MLPs? [View article]
    Read this from the WSJ to add to your forecasts:
    Jul 5 09:24 PM | Likes Like |Link to Comment
  • Just How Risky Is High-Yield Dividend Investing? [View article]
    I read the Fed's plan is to use bigger financial buffers & higher cap/asset ratios to cause credit contraction as opposed to using interest rates to combat an overheated economy. At the moment, the people selling high yield are just creating buying opportunities. That's my take.
    Jul 4 02:36 PM | Likes Like |Link to Comment
  • Retirement Strategy: Chasing Yield Is Actually Looking For Disaster [View article]
    I believe this argument works best when you use an extraordinarily limited scope of holdings over an extraordinarily precise period of time. Pretty much repeating some of the others, just using extraordinary brevity.
    Jun 20 02:30 AM | 2 Likes Like |Link to Comment
  • 16% Yield In An ETN - What Could Go Wrong? [View article]
    Or, we are diversified sufficiently to mitigate the risk.
    Jun 15 01:57 AM | 2 Likes Like |Link to Comment
  • 16% Yield In An ETN - What Could Go Wrong? [View article]
    One answer is to spread out risk amongst high yield alternatives - different market sectors, different global opportunities. CEFL becomes one among many. Folks new to investing that are interested in learning about high yield investments would do well to read everything they can get their hands on. Experienced investors reading articles such as this do a lot of yawning.
    Jun 11 04:03 PM | 2 Likes Like |Link to Comment
  • What Does The VIX Now Say About The Stock Market? [View article]
    I don't see such things as P/B or P/E as being close to "tulip mania", so at present that leaves a trigger event. Whatever pullback or correction occurs I would think it would be proportional to the event. My two cents.
    Jun 11 04:23 AM | Likes Like |Link to Comment
  • Insiders Are Buying These 2 High Yielding Energy Partnerships [View article]
    Re: ARP. In this current market environment, it's hard to understand why this MLP hasn't been outperforming already. What are your thoughts?
    May 27 07:01 AM | Likes Like |Link to Comment
  • The Sound Of Silence [View article]
    Just about everyone has been wrong about this market. When's the last time IWM had a 10.5% correction while the S&P consolidated near its highs? I don't remember. New lows on the NYSE today were 12. That's negligible and more in tune with a bull market. The Dow gained 10 points but advancers were 2 to 1 over decliners. This is only one day, but, technically speaking we haven't had a bad day on the NYSE while IWM (and IBB) have been correcting, technically speaking. This situation needs a little common sense applied and a person should block out all the noise and think carefully about what they're looking at.
    May 23 04:58 AM | 4 Likes Like |Link to Comment