Dvolatility

Geriatric millennial. Macro, value and technical observer. I like preferred stocks/baby bonds, CLO debt ETFs and high returns!

[Neil Sethi @neilksethi]

Yardeni: Yesterday, we raised the caution flag, suggesting a possible pullback over the next few weeks... we view any pullback as a buying opportunity and maintain our 8250 target for the S&P 500 by year-end.
...
Might there be more FEMO ahead? Yes, but it might already be discounted by the market, making it vulnerable to even slight disappointments. A case in point is Broadcom's ... after-hours sell-off... when the company's solid earnings report was somewhat weaker than expected.

S&P 500 forward earnings is up 26.6% y/y through May. That's as good as FEMO gets historically, with the exception of post-recession recoveries (chart).

[Dvolatility @Dvolatility]

@noalpha_allbeta @GardinerIsland Yeah he actually got me into mreit prefs!

[Dvolatility @Dvolatility]

Public storage preferreds?????

[Dvolatility @Dvolatility]

@noalpha_allbeta We need to find preferred stocks that will survive the depression.

[Dvolatility @Dvolatility]

@noalpha_allbeta I don’t see any EXR prefs.

[Dvolatility @Dvolatility]

@noalpha_allbeta I may look at those tomorrow!

[Dvolatility @Dvolatility]

$RITM.PRE

[Dvolatility @Dvolatility]

Fu*k it I’ll buy a rithm preferred because you all love the guy.

[Dvolatility @Dvolatility]

@zerohedge What?

[Dvolatility @Dvolatility]

And I’ll add the $ARR preferred $ARR.PRC

[Dvolatility @Dvolatility]

Pulte wtf haha

[Dvolatility @Dvolatility]

Doesn’t this mean risk off or no?

[Mike Zaccardi, CFA, CMT 🍖 @MikeZaccardi]

Bitcoin continues collapsing

[Dvolatility @Dvolatility]

Wow $MTBA looking interesting

[Dvolatility @Dvolatility]

Is digital realty going to survive?

[Dvolatility @Dvolatility]

@yenoms Interesting!

[Dvolatility @Dvolatility]

All the 6%s are gonna go to 7!

[Dvolatility @Dvolatility]

It is testing support! If it breaks will go to $42.

[Dvolatility @Dvolatility]

$TY.PR at 6% would be nice!

[Dvolatility @Dvolatility]

All the rest are CEF preferreds/baby bonds.

[Dvolatility @Dvolatility]

The only fixed mreit/reit preferreds I would buy is $ADC.PRA, $GOODO, $GOODN, $LANDO, $LANDP, $AGNCZ, $NLY.PRJ