COBeeMan

COBeeMan
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  • S&P 500 Weekly Update: In Short, If Bulls Are Going To Step Up, They Need To Do So Soon  [View article]
    june - True, but it is opinion, not measurable fact, that the ONLY reason for the markets to be up is due to support from central banks. Support is like training wheels...there will be falls/drops (like we have seen), but at some point the kid can ride the bike alone.
    Feb 7, 2016. 02:22 PM | 2 Likes Like |Link to Comment
  • S&P 500 Weekly Update: In Short, If Bulls Are Going To Step Up, They Need To Do So Soon  [View article]
    Don't forget that human psychology (mostly fear) is more powerful in the short term than anything else.
    Feb 7, 2016. 02:16 PM | 1 Like Like |Link to Comment
  • A Safe 17% Yielder Benefiting From Cheap Oil  [View article]
    Same thing happens with US citizens investing in non-US companies. Lion's Gate is a Canadian company and my broker is forced to take out a percent every time I get a dividend. I use TurboTax so I hope it sets up the reimbursement form automatically (or gives me a paid tax credit).
    Feb 7, 2016. 02:09 PM | 2 Likes Like |Link to Comment
  • S&P 500 Weekly Update: In Short, If Bulls Are Going To Step Up, They Need To Do So Soon  [View article]
    We are due for a catalyst, maybe related to oil or war, maybe related to Fed not raising rates. My crystal ball predicts it.
    Feb 7, 2016. 01:28 PM | Likes Like |Link to Comment
  • American Capital Agency: Disaster  [View article]
    WD - What would you like Gary Kain to have done differently, and how? The whole mREIT sector has been tanking since the "taper tantrum" due to interest rate uncertainty, and you want to blame a particular mREIT manager? What were you thinking when you got in, that he would magically use a crystal ball and a wizard's wand to make everything peachy keen for his mREIT regardless of the business economics? The ONLY mREIT that will do well in a rising rate environment is NRZ, because of their focus on MSRs instead of MBSs, and even it has been caught in the mREIT down trend!
    Feb 6, 2016. 12:53 PM | 1 Like Like |Link to Comment
  • Come On, Admit It, Prospect Capital Is A Steal At $6  [View article]
    It may not be complete, but it is informative.
    Feb 6, 2016. 11:18 AM | 1 Like Like |Link to Comment
  • After Rebalancing, CEFL February Dividend Will Bring Yield To 18.8%  [View article]
    Small and nimble is good! Uncertainty is bad!
    Feb 6, 2016. 11:12 AM | Likes Like |Link to Comment
  • After Rebalancing, CEFL February Dividend Will Bring Yield To 18.8%  [View article]
    Hi SV! I did learn a lot from MLPL! I now feel I am 100% aware! That always happens after I get creamed like that.

    I saw an analyst poll on tv talking about a 40% change of a recession and 60% buying into the correction. I'm in the correction crowd.

    Guess what I bought this week with my MLPL leftovers...SMHD (expecting more growth)! I also have some MORL (until the economy growth rate increases) and BDCL (until the economy tops over). I'm sure they will be the death of me if I'm wrong!
    Feb 4, 2016. 07:01 PM | Likes Like |Link to Comment
  • Still Bullish On MORL: February Dividend Brings Yield To 36%  [View article]
    Ronnie - when the underlying index (i.e., mREIT components) rises, so will this 2X ETN. The trick is to buy it when mREITs will start to do well instead of having to hedge against too many uncertainties. BTW, yield only counts when you buy and when you sell. At all other times you should be trending the actual dividend payments.
    Feb 4, 2016. 05:45 PM | Likes Like |Link to Comment
  • New Residential: How Safe Is The 17% Dividend Yield?  [View article]
    I think the "market" is probably more right when there is less uncertainty. After all, the market is just a broad swath of different types of people with different goals. Right now, it is about 40% inclined toward a recession coming soon and 60% waiting for this correction to be done. There is no way the decisions resulting from such high uncertainty could be predictable or correct (other than as correct as a broken clock).
    Feb 4, 2016. 03:22 PM | 1 Like Like |Link to Comment
  • After Rebalancing, CEFL February Dividend Will Bring Yield To 18.8%  [View article]
    Let's hope the right lesson was learned.
    2X ETNs are just a tool, they do not cause their underlying indexes to crash.
    MLPL was redeemed because the underlying midstream MLP index flash crashed 30% in ~30 days. Supposedly, this was tied to the drop in oil prices below a critical threshold. However, by all accounts, midstream MLPs are not as sensitive to the price of oil as their upstream cousins. Yet the panic took hold anyway.

    The real lesson is that irrational emotional panic will override logic most of the time.
    Feb 4, 2016. 02:55 PM | 2 Likes Like |Link to Comment
  • Still Bullish On MORL: February Dividend Brings Yield To 36%  [View article]
    Forward yield/dividend would be more helpful...
    Feb 4, 2016. 02:42 PM | Likes Like |Link to Comment
  • Buying Something Exchange Traded? Better Make Sure You Understand It  [View article]
    One lesson is that all the correct logic in the world, "toll roads...not much dependent on the price of oil" won't override emotional and irrational panic. It was the actions of the underlying index components, not the reflective ETN tool that was the culprit.
    Feb 4, 2016. 02:24 PM | 1 Like Like |Link to Comment
  • S&P 500 Update: Bulls And Bears Focus On Crude Oil And The Fed. Both Have Taken Their Eye Off Of What Really Matters - Earnings  [View article]
    Nope...there is a boring middle ground between bulls and bears...and that is where we are...that is the reason the Fed won't be raising rates more this year.
    Feb 2, 2016. 07:11 PM | Likes Like |Link to Comment
  • Still Bullish On MORL: February Dividend Brings Yield To 36%  [View article]
    When the underlying index is trending up, the ETN will too.
    Feb 2, 2016. 11:22 AM | Likes Like |Link to Comment
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