I got out of EOG and CLR and KOG a while back. I am back in EOG about an hour ago. I am hesitant to buy others just yet.
Spending under Obama has gone up at a smaller percent than Bush. And none of this spending by Obama is his doing. It is two wars started by Bush and all of the other programs started by congress before Obama's presidency. To blame current spending levels on Obama is totally unfair and biased. Those two wars will run over 2 trillion dollars by themselves.
Was rated neutral
See article interviewing Roku CEO. Roku has a contract with TWC where TWC subsribers will be able to stream
directly to internet with their TV's without a cable box.
Q3 may be rough, but Q4 and beyond have good potential imo. The current stock price is below book value and represents a good investment considering current and future dividend flow, That is what counts for me. Over time at the current price AGNC should reward investors, though there will be volatility, ups and downs. Not for the weak of heart. If, for the next ten years the stock goes up and the stock goes down, but is sitting at the same price ten years from now, and meanwhile I have averaged 10% or 11% or 12% per year in dividends. Then that is ok. Can not buy a 10 year treasury with that kind of yield.
It was already oversold before the FED announcement. With that announcement it is now even cheaper. The dividend cut is in line with expectations. We knew a cut was upcoming. Nobody expects 17% dividend rate in any
economic environment. The buyback announcement was very bullish and not priced in either. AGNC is simply way too cheap now imo.