Not really. AMD has nothing competitive to desktop skylake.
It is probably also just pent up demand since they skipped desktop with Broadwell.
This is the first 14nm desktop part from Intel.
"So what's going on here, huh? Lots of stuff getting killed this morning"
Nothing but a whole lot of ugly in my tables.
Why are you over here trolling him?
Go find something better to do....
What an ugly Friday on the market.
I'm sitting on the side lines until next week plays out.
Interesting, the 10 year has now fallen to 2.1375%.
I'm not bashing mreits here, but there might be a little squeeze if the fed raises given the 10 year price action.
People are probably just selling ahead of the curve.
Fed meeting is 15-16th.
So 9 more days of craziness.
The 10 year moved back down today which is a reverse of the upward trend last week.
2.2217% right now.
That probably isn't helping mreits.
Considering the market carnage today with all the indexes down 1.4$% - 1.7%, bdcs, mreits, and preferred did ok.
They didn't go down that much.
He you payed shill. : )
Haha,, no I'm kidding.
I might unload some of the MH.PR.C I bought and take my 10c per share hit.
Still debating this in my head.
It is a lot of red on preferred, but on the other hand it's not 'that' bad.
My prefy holdings are down only -(0.25)% today.
Half that loss for me is weighted in the DKT I have which is down (-0.87%).
I have 3 prefies in green right now. SOJA, CHSCN, and BCS.PR.D.
Whoa, Didn't notice SOJA is up to 26.55.
That puts a smile on my face.
I don't see it inverting either hatedaymb.
But it does seem more and more plausible with how things are playing out globally and in the U.S.
There is no catalyst for U.S. long term bonds to significantly rise.
Everyone else globally is running QE and deflating themselves.
And the citibank think tank had a good point.
If unemployment keeps going lower, the fed will probably have to raise ST rates further.
There is no sign that new job growth is slowing down right now.
There was an interesting article from quoting citibanks think tank about rates going forward.
They see yeild curve inversion possibly happening with the thesis being that unemployment will continue to drop and the fed will have to keep hiking.
Kind of interesting with todays new that it's looking like the FED will hike in December, and the 10 year is sitting at 2.19 right now.
Sounds like we might be getting a rate hike in December.
Hopefully this is semi baked in to preferred.
I'm not expecting to much "shock" if they raise rates by .25, but my crystal ball isn't always correct.
I picked up some MH.PR.C. It does look compelling to me Owen compared to the 'A' series price.
Seems like there should be some upside.
I'm looking at UZC as well.
Unfortunately about 30 minutes ago someone just bought around 25K shares and punched the price up to around $25.10.
Trying to see if it will drop a little bit.
I think this one is going to end in a stale mate for me.
It switch over to ENH.PR.C today.
But still hanging around 24.90 range.
I may just sell and that is that.
There were two other ones that came out.
I've been busy this week, but when I looked earlier in the week they looked like they went up in the gray market after the first day of trading.
MDNHF Maiden Holdings Ltd, 7.125% Non-Cumulative Preference Shares Series C
BKLLU Black Hills Corp., 7.75% Equity Units
The volumes an A & B are pretty low.
So I am probably not going to hold onto C for to long.
Will try to exit out before the volume starts drying up.
I grabbed 2500 @ 24.90.
I would bid lower, but I never seem to have any luck filling orders on E*trade if I bid to low on gray market shares.
Thats an interesting move by the big buyer.
I wonder if he wants them to get called on 6/1/2016.
Even if it gets called, he still gets 3 dividends for $1.38 plus $25 a share so he locked in a profit.
yeah it looks like this fed rate hike decesion after the jobs numbers came out last week hit the preferred pretty good.
In my opinion, they needed to come down in price anyway.
Prices were frothy after the recent run up span they had.