Archive | March 2016

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WIND AND SUN: ENERGY PLAY

March 28, 2016 Yellen and the Fed are indicating rates will say low.  This is good for preferred stocks and we are looking at PFXF which is an etf that holds preferreds excluding financials. Preferreds act similar to long term bonds.  Since it now appears we will have low rates forever preferreds make sense…especially because […]

BUYING HOTELS. HILLARY ADMITS OBAMACARE IS BS

March 24, 2016 Today we are buying a few Wyndham Worldwide individual corporate bonds.  They are a decent quality and gives us a nice 3.6% effective yield.  Maturity is March 2022.  Obviously this lower yield is not great but it is certainly better than a CD or money market. CUSIP 98310WAJ7 When buying corporates the […]

NOTHIN’ GOIN ON THIS WEEK

March 23, 2016 As expected there is nothing going on during this Easter week in the financial markets. We remain primarily in bonds and cash:  the stock market continues up but we are not participating. Stocks are consolidating and, if anything, we would expect a pullback.  But we wait and watch.  In the meantime we […]

BUY BBTTP (BBTPRH is new symbol) TODAY. 5.6%. EBAYL FINALLY TRADING. BUY UNDER $25.00

March 12, 2016 If you are a short term stock trader you have been doing very well over the last three weeks as the indices moved higher.  But this has been a huge short squeeze and the long term trend is still down within this bearish market.  We would not be buying stocks, as we […]

BUY LIMIT ORDER FOR ELB GOOD UNTIL CANCELLED. DO NOT PAY MORE THAN $25.07

March 9, 2016 ELB is going ex-dividend tomorrow which provides you the opportunity to buy around $25.07.  We would suggest placing a buy limit order for that amount.  This issue pays 5.9%. Entergy Louisiana LLC, 6.00% Series First Mortgage Bonds due 3/15/2040, issued in $25 denominations, redeemable at the issuer’s option on or after 3/15/2015 […]