Barron's article quoted Merril Lynch as saying Capital has pulled out of equities in 9 of the last 10 weeks. They said 7.2 billion was pulled out last week as prices closed higher. IMO this will continue until retail "sees the light" and gets skittish and "the powers that be""pull the rug". That's three metaphors in one sentence:)
Steve484842 you seem so very naive. It's a waste of time putting negative commenters on ignore in the same way it's a waste to read only those you agree with. Good information can come from many sources. Vile attention seeking troll are ignoreable. I use to argue with Slicktop but I learned he has many positive traits even thought he is very Bearish. I just ignore the Slick- minny bickering .
It is our troll with many logins. Like a straw dog he makes his home where he is fed. Engaging and calling it names feeds the troll. If the fog or troll is not fed it moves on.
Trolls say what ever it takes to get a response . Ever answer or comment to a troll feeds him. Ignore him and he leaves to seek attention and validation elsewhere.
Mr.Immediate, please learn to use the Historical Prices section. You might find numerous opportunities for trading profit.
Mr. Immediate, PSEC has always dropped going into ExDay as traders take profit. You may be shocked to know most other Dividend stocks do the same:)
I sold HFC at $39.40. By the way i gets Zacks emails every morning. Today was the first day they advised to take some profit and have a plan for any new buys. A big change over there previous long term bullishness.
Who cares about Greece? Any one thinks they will ever get there act together? The Makers might want to use Greece as a excuse for a pull back but if not that something else. There needs to be an excuse thats easy for a idiot like Cramer to rattle off.
Often after the April ExDay KMP would recover very fast and go higher within a week before dropping. It remains to be seem how KMI will behave.
Looking at it up about 13% with a basis of $39.60. KMI post merger does not have a history. Traders are selling KMI now as we used to do with KMP. My position is small and i will hold through the Dividend unless the PPS skyrockets by Monday. I,m looking for a good chance to triple my position in a sell off.
I looked at QQQ which has had good results with its 56% tech holdings. If you think tech will continue its growth it will work for you. But my inclination would be to buy QQQ if tech ever tanks.
That's a reason I was looking at The Dogs of the Dow . A 3% return with a Cap Gain in a Blue Chip works for me. Will live with less yield until interest rates rise .
I was divt trading AGNC and ARR when the poop splattered and bought lower to average down I had about $50K in when the trouble started. and like with oil last year i was slow to catch on.
The idea of depending on a REIT,BDC, ETN ect for my income in retirement sends shivers down my spine. I can trade small batches but would not risk a significant position anymore. When MREIT exploded in May 2013 i ended up near the end with $200k in AGNC and ARR. I escaped with a $3K loss. Lesson learned !
I was in and out, present position at $39.64. Just did not buy enough thinking it might drop in the $38 ish.