December 16, 2018
We own NEWTL in the Core Portfolio. Here is come discussion from http://www.dividendinvestor, one of our favorite sites. If you do not own NEWTL, it is a buy BUT it may pull back to $25.30 if you wait. Go to the link below for the full article.
Newtek Business Services 7% Notes (NASDAQ: NEWTL). This baby bond issue closed recently at $25.41 after rebounding from $25.30. Like the Arbor Realty issue, the recent low was on the ex-dividend date. Shares have traded in the $25.30-$25.80 range during the last year as the baby bonds became callable on 4/22/2017. That means the share price should remain in the $25.30-$25.80 range in the coming months, although there is always a possibility of a call in which case a small capital loss could be incurred. These shares mature in 2021, which means the share price should trade with low volatility.
Who to believe? Fake news everywhere.
About 2 in 3 American adults say fabricated news stories cause a great deal of confusion about the basic facts of current affairs, according to a Pew Research Center report last month. The survey found that Republicans and Democrats are about equally likely to say that “fake news” leaves Americans deeply confused about current events. Despite the concern, more than 8 in 10 feel very or somewhat confident that they can recognize news that is fabricated, the survey found.
Here is link to full article:
Seen on the Web:
the limits of what has been historically observed in terms of market performance. Should the S&P 500 have another week of gains, it would be the longest period in its recorded history that there has not been even a 5% pullback in the index throughout a Bull cycle. These moves are atypical