Thu, Apr 24, 2014, 9:59 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

iShares S&P U.S. Preferred Stock Index Message Board

  • crazyhorse1786 crazyhorse1786 May 14, 2013 5:09 PM Flag

    Down on high volume

    What's up?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Another asset class that has begun to see some volatility in the last week is the iShares U.S. Preferred Stock ETF (PFF). Preferred stocks have enjoyed a period of low volatility and high income over the last year; however, they are finally starting to catch up to the rest of the market. This sector is starting to work off some of its overbought momentum, which will bring its valuations down to more attractive levels.

      PFF has pierced through its 50-day moving average and is rapidly approaching the 200-day moving average, which may be a good spot for a starter position in this sector. I warned about the potential for a correction in PFF several weeks ago and believe that this dip will be an opportunity to put new money to work in preferred stocks. However, you will want to wait until the dust settles before making a new allocation.

      Another asset class that has begun to see some volatility in the last week is the iShares U.S. Preferred Stock ETF (PFF). Preferred stocks have enjoyed a period of low volatility and high income over the last year; however, they are finally starting to catch up to the rest of the market. This sector is starting to work off some of its overbought momentum, which will bring its valuations down to more attractive levels.

      PFF has pierced through its 50-day moving average and is rapidly approaching the 200-day moving average, which may be a good spot for a starter position in this sector. I warned about the potential for a correction in PFF several weeks ago and believe that this dip will be an opportunity to put new money to work in preferred stocks. However, you will want to wait until the dust settles before making a new allocation.

 
PFF
39.16+0.06(+0.15%)Apr 24 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Apple Inc.
NasdaqGSThu, Apr 24, 2014 4:00 PM EDT
Baidu, Inc.
NasdaqGSThu, Apr 24, 2014 4:00 PM EDT