Archive | July 2018

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ANOTHER LOOK AT GSBD. BUY

July 30, 2018.  Back in early July, positive press reports and articles caused mass hysteria in GSBD Goldman Sachs BDC. Buyers jumped in and the price spiked. We had been watching to buy this but fortunately we pulled our finger away from the buy button and decided to stay away from the out of control […]

HIGHER AND HIGHER. CHER IS A HIT

July 26, 2018.  It is so much fun watching the Constipated News Network, (CNN), and MSLSD, (MSNBC) go bat shit crazy over Trump.  No we don’t ‘watch’ their sick tirades, but do read the printed commentary.  Trump continues to achieve results in numerous areas and the markets continue higher.  As we write this the DOW […]

TREADING WATER

July 24, 2018.  If you are a ‘buy on sale’ investor, this has been a tough market.   As of right now, the futures are up 100 points. We have been trying for weeks to buy numerous positions, but the damn market keeps going up!!!!.  (mmmm you suppose Trump’s programs have anything to do with […]

OXLCM, MAIN

July 25, 2018.  We have owned OXLCM in the Core Portfolio for over a year.  This is exchange traded debt and It pays just under 7%. The debt issue, OXLCM, is going ex-dividend today.  Yesterday it closed at $25.44.  This is a BUY IF the price gets down to $25.30, or lower. The regular shares, […]

IHIT, MIC, BXMT

July 18, 2018 IHIT, in the Core Portfolio, went ex-dividend and is priced at $9.89.  This is a BUY and we will be adding if we can get close to this price.  Yield is over 6%. _____ Linked below is a positive article on BXMT, a position in the Core Portfolio.  Total return is good:  […]

GECCL ADD. ISD SELL.

July 15, 2018.  Wall Street continues to believe in Trump.  Altho SPY/DOW has been consolidating so far in 2018, the dividend paying positions that we like continue paying us. In contrast, the Trump haters, Hollyweird elitists, CNN, and drunken British protestors just don’t get it.  They simply refuse to acknowledge the good economic programs that […]

LIMIT ORDER FOR AN ODD-BALL. ALTY.

July 12, 2018.  ALTY is one of those ‘out of the ordinary’ etf’s that nobody has ever heard of.  Several years ago we owned SDIV, a similar etf, that provided excellent returns.  We ended up selling it. ALTY has been trading in a range since April 2016 and is relatively stable.  At $14.95 pricing is […]