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Todays S&P chart & TA: is not calling for a lower market or actually second bottom either.
Coronavirus will continue longer
This the bottom is not in
BS meaning BULL SHIT
With knowledge, one can find data to back their personal opinion. This outfit seems to want you to sell to them. LOL what the hell does E-minies have to due with more then 1 day market projection?
RULE of thumb:
As long as the second bottom of a bear trend reversal ends within 5% of the first. The overall bottom should be safe. Triple bottoms / bottom channels are rare with strong sentiment shifts during reversals.
If second bottom is 5% past the last bottom, expect 1/3 lower from the over all fall possible.
If bottom bounce reversals are 1 to 3% daily, a bottom could channel. But if they are 5 to 10% daily, bottoms reverse.
Basically; emotion begets emotion.
Possible Dark side play set up in the works. PASO. Insiders buying millions on open market. Chart looks solid too. Enter on .042 break me thinks.
$ORC $2.50 $MITT $1.80 I'm adding.
DNJR...BRN...JCP...BKYI...CCO...YCBD...https://www.stockscores.com/charts/charts/?ticker=DNJR
https://www.stockscores.com/charts/charts/?ticker=BRN
https://www.stockscores.com/charts/charts/?ticker=JCP
https://www.stockscores.com/charts/charts/?ticker=BKYI
https://www.stockscores.com/charts/charts/?ticker=CCO
https://www.stockscores.com/charts/charts/?ticker=YCBD
$AYTU Updates its website W/ its COVID-19 lgG/lgM Rapid Test Product Information, Product Inquiries, and Order Request Form. CDC's Dr Fauci has said, testing for COVID-19 is the most effective tool in controlling it. CV-19 tests in massive demand and now immediately available from AYTU. This is one coronavirus stock that still has life.
https://aytubio.com/
RNWK....AUTO...ONDK...CCO...MDLY...CPE...https://www.stockscores.com/charts/charts/?ticker=RNWK
https://www.stockscores.com/charts/charts/?ticker=AUTO
https://www.stockscores.com/charts/charts/?ticker=ONDK
https://www.stockscores.com/charts/charts/?ticker=CCO
https://www.stockscores.com/charts/charts/?ticker=MDLY
https://www.stockscores.com/charts/charts/?ticker=CPE
JCP and MGI bottom fishing in a turbulent market
stay healthy Lowtrade
VZ looks safe at $48 and T looks pretty safe at 26-28
HUGE SUPPORT zone for T at $25 so I will definitely be looking to buy at $25 should that happen
also, got lucky with M under $5
what else
cherry picking in oil
XOM $32 and CVX $54
Understood! Thanks!
As mentioned last Wednesday $SPX Now has 2 of the 3 needed green days in a row, under it's possible bottom signal belt.
If it continues tomorrow and breaks the 1st resistance level at 2540. We can expect the worst behind us.
There's always a chance for a double bottom, especially in a freaked out market like we have. But the possibility of continuation will be in place with the third green day breaking resistance.
EPR financials look safe, but will suggest looking for a REIT with A LOWER PRICE POINT.
The lower the price point, the larger the Gain!!!
No help from me on insurance sector. Never have liked it since 2008 AIG corruption and bailout.
EPR- well, I sold RPAI this morning and bought EPR, which has a monthly dividend. All these retail REITs are flying from the stimulus package passing, but like you said with a monthly dividend you can make quicker decisions.
https://finviz.com/quote.ashx?t=EPR&ty=c&p=d&b=1
Something else I'm looking at is life insurance companies. MET currently under $25 with $17 in cash and over 6% divvy yield. I don't want to sound morbid but even as the mortality rate rises most of their policies are likely to be the older generation and have been covered for decades by premium payments. Your thoughts?
Nice website for dividend info;
https://www.dividendinvestor.com/monthly-dividend-directory-2/
IMO only; not impressive
Thanks for your thoughts! I just started looking more broadly at the sector the last few days.
Yea Mortgage REIT's borrow short term and buy long term. This can cause problems for poorly financed companies.
While a retailer, like myself can't know what company managements are thinking or dealing wih. If the company has a good cash per share with a dividend several times smaller. Things should end up being OK with safe divvy. Also LTdebt/eq vs debit/Eq has background on margin calls.
From what I checked NYMT isn't in a strong position, in either of these areas. Dividend safety or debit payment
Compare @ Finviz.
ORC: https://www.finviz.com/quote.ashx?t=ORC&ty=c&p=d&b=1
NYMT: https://www.finviz.com/quote.ashx?t=NYMT&ty=c&ta=1&p=d
Sounds like no cash flow rather cash burn over the next 3 months.(Dead money)
NYMT can't pay their margin call, need more color on this if you have it.
Do a chart analysis of ALO!
Also price targets for gold silver.
Mortgage REIT's in general;
I would say MITT is second on my list.
IMO anyone looking at REIT's as a long investment for the first time needs to think about is, are you after income or growth.
Where growth is a long, with dividend re-investments, to build to a profit level in a years, to sell at or draw down from.
Income doesn't re-invest and banks profit monthly.
The longer your time target the more you should be concerned with growth and compounding.
---------------------------------------
NOW: after this sector crash most all mortgage REIT's will look GOOD. For that matter all various REIT sectors are looking good.
So what should be the main thing to look at? Cash/per share vs size of dividend will help to determine if the dividend offered is safe. The larger the difference the safer.
Next is the dividend time frame. Is it monthly or quarterly. Monthly is best for income and quarterly better for growth.
I'm in a monthly because if there is any concern at all, with continued divvy size. You will see it change quickly and can adjust faster to negative change.
If you interested in growth, look for a positive price long term climb chart. Before this crash. And smaller divvy's paid.
Also be aware LARGE dividend's, stocks charts will be more volatile. With spikes and pops then walk downs and times of stall. But tend to decrease in price long term. Increasing ROI's.
Compare MITT and ORC and you may understand some of what I'm talking about. Both MITT & ORC are income producing opportunity holdings, because both had large dividends before the crash and now huge ones.. Since ORC is monthly, I'd recommend it over MITT for 1 reason. If anything happens negatively to the company you will see a change in the dividend sooner..
RPAI- $4.90 w/ 0.1656/share divy. Ex-divy tomorrow the 25th. Looks to be moving up into the close. May pop pre-market as well.
https://finviz.com/quote.ashx?t=rpai&ty=c&ta=1&p=d
I've been out bottom fishing. What do you think of MITT? You see any value left or dead man walking? Trading about $2.50 now from $16 a few weeks ago. Divvy currently $1.80 but that may change. Looks like they have cash but something about not covering a margin call popped up.
Added some ORC at 2.48 avg the last couple days. Thanks for your posts here the last few days on it!
Overall market still looks a bit weak so might add some more if it keeps dropping as well.
FED moving in the mortgage REIT area with support.
ORC from 1.55 3 days ago to 2.70 today.
$SPX working on it's 5th day bottom.
Remember my RULE of THUMB for bottom reversal;
3 days green climb, with first resistance broken.
Success to ALL
i don't see any coronavirus chat ?????
hi there, congrats, i am recovering from double bypass my friend.
WTRH...IFMK...ATHE...BURG...LCTX...YCBD...NBY...https://www.stockscores.com/charts/charts/?ticker=WTRH
https://www.stockscores.com/charts/charts/?ticker=IFMK
https://www.stockscores.com/charts/charts/?ticker=ATHE
https://www.stockscores.com/charts/charts/?ticker=BURG
https://www.stockscores.com/charts/charts/?ticker=LCTX
https://www.stockscores.com/charts/charts/?ticker=YCBD
https://www.stockscores.com/charts/charts/?ticker=NBY
https://www.vippng.com/png/detail/128-1288583_a-giving-an-encouraging-thumbs-up-cutouts-thumbs.png
Me thinks many lurkers appreciate u do what u do too..
Ok I just noticed I have a 3 Year Subscriber Premium account update from free. And did not buy it.
Would like to thank who ever gave me this birthday gift on 2/6/2020. At 73 with COPD, I hope I live to 2/6/2023 and use all your $220 investment in me.
THANK you !
THANK you !
Thinking about opening a position in ORC here too. Seems hard to pass up at this price especially if officers are buying
New news about ORC, Just found CFO & CEO bought 25,000 shares each: Mar 13 & 16 @ 3.80 & 3.85. Price today 1.88.
Haha I just swapped it earlier as someone was asking me about the red one in the background!
Yeah I tend to lurk in the shadows for the most part picking up bits of wisdom!
long time no hear from. what happened to the black 55? chevy you use to have in you pix. LOL
$1.60 area is a great basis position.
HINT:Don't compound as a price climb will raise your basis point. Lowering you overall return. Think of it as an income position. Not investment.
I saw you post the ticker a week ago. Liked what I saw and started a position. Chased it on the way down today a little too much but tripled my position at $1.60. Thanks! $ORC
A bit more on ORC. Monthly March divvy of .08 announced, ex date March 30. (NO CHANGE)
As of todays dive, the dividend% basis is 52% for the following year @ .96 if divvy holds at .08. With a cash/per share of $2.34 the divvy should be safe.
BUY at your own risk, but this may be the best long investment I ever saw, a 50%+/- yearly return on what you invest in the next few days.
Just so you know 3 of the 4 TA indicators I use, are saying bottom around the corner at the $SPX. Both support indicators and 1 of the 2 entry/exit indicators.
Also the black ADX line, in the DMI, is dame near the 50 "LARGE move coming" point. That would signal a possible "V" bounce rather then just positive reversal climb.
We'll see. But as of today, we may have bottomed by the end of the week or early next.
HOPE LOL Hope!! While I have banked a 30% gain to date, this year. My holdings are sinking. Matter of fact -17% just today.
Ps; been buying the hell of my divvy ORC as it crashes. Outstanding financials with zero% interest rates now.
Mortgage backed securities love 0% interest rates.
http://schrts.co/IAnIAszG
***GROCERY IS KING***
KR WMT GO SFM TGT AMZN
HRL CAG CPB KHC HSY SJM MCK TR
KO PEP
MGI
APRN!!!!!
You like health & Bio's?
Checkout GNBT. Been in it for some time.
They have a multi-million dollar contract to work on a vaccine for covid19 , along with subsidiary spin off with paperwork filed and other things including forming a MSO in Arizona.
It's a restaurant delivered to your door! LOL
PS: restaurants are closed.
Whats going on with APRN? Been running like crazy the last 3 days.
ATHE...BKYI...TMDI...HTBX...IFMK...WTRH...https://www.stockscores.com/charts/charts/?ticker=ATHE
https://www.stockscores.com/charts/charts/?ticker=BKYI
https://www.stockscores.com/charts/charts/?ticker=TMDI
https://www.stockscores.com/charts/charts/?ticker=HTBX
https://www.stockscores.com/charts/charts/?ticker=IFMK
https://www.stockscores.com/charts/charts/?ticker=WTRH
NO
The 1 high volume day this year is emotion buying due to price change. IMO
UAW calls for shut down of plants!
Educational question. ONCI, does it look to you like the dark side is loading?
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