An analyst for Raymond James made these comments at a recent conference
:Regarding the Market, we had several economist, geopolitical and market strategist talk to us at the conference. Most think the market will have a 10-15% pullback over the Summer that will be followed by a rally in the Fall. They think the Republicans have about a 90% chance of taking the Senate back.
Jeff Saut, Chief Equity Strategist for Raymond James thinks we are in a bull market for the next few years. He bases this on the following:
bayman...great posted message and I agree with 'one through four'...however, over the years on this message board , I always talk about Bloody October and it is very rare to not get some type of a market pull-back between August and early November...I only remember one year out of the last ten years that I was wrong and we did not get a pull-back in the Bloody October time frame...
The only stocks that I have that are up today are MLPL (yield about 8.3%) and AWLCF. (yield about 19.3% after frees)...in Total Returns MLPL is up 26.6% YTD and AWLCF is up 20.2% YTD...at this time, I am well pleased with my current yields and on-going capital gains...more, in my opinion debt 'is an asset' if a company has a good business model and that is one of the reason that I like SFL and SDRL so much...! Thanks for a nice and intelligent posted message...! $tagg...!