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I left the office for 90 minutes today and was really pretty shocked to see a near 1% gain in equities–so indexes were already pretty darned high–so let’s stretch them further I guess. Oh well I don’t buy common stock any longer so it doesn’t really…

REIT Senior Housing Property Trust has changed their name to Diversified Healthcare Trust (DHC) and as such their tickers for baby bonds will be changed. I will be updating all the various lists and security detail pages today sometime. mikeo picked th…

I almost hate to see 2019 end–it was great for most everyone (unless you were a hedge fund)–almost everyone got to participate in one asset bubble or another. For as long as there has been either financial TV–whether CNBC, Fox Business or previous t…

Update–PTrader has posted a link in the comments here that indicate that the company may call this issue before too long. I had a low ball order in on this on Tuesday but with the added info and the pop in the shares Tuesday I will not have an interes…

Closed end fund (CEF) Bancroft Fund perpetual preferred (BCV-A) took a tumble near the close today (Monday) falling 88 cents on a 966 share’dump’. Folks need to realize when you put a market order to sell on a stock that average 1,625 shares traded eac…

Just a bit of trivia into who issues $25 preferred stocks and baby bonds. Below is a chart that breaks down the number of issues of $25 issues outstanding. This is really nothing new for those that have been investing in these issues for years–but may…

Records continue to be set in the equity markets–even with a holiday right in the middle of the week. The S&P500 opened the week at 3226 before seeing a low of 3220, but turning higher on Friday and closing at 3240. The 10 year treasury seems to h…

The Priority Income Fund (no publicly trading) is a closed end fund which holds collateralized loan obligations (CLOs). There are 5 outstanding issues of term preferreds from Priority Income Fund and most of them have gone ‘on sale’ during the last mon…

While markets are a bit quiet as we end the year we are trying to grab a few end of year gains (all in IRA accounts) and get ready for the new year. Yesterday I let go of a full position in the Gabelli Heathcare and Wellness Trust 5.76% perpetual prefe…

Well hopefully folks are getting through the holiday period with their sanity. With our 6 grand kids ranging in age from 4 to 15 holidays are becoming less stressful as they are quite content to play with each other instead of requiring adult supervisi…

This is the giving season–giving gifts, contributing to charities (even though we no longer can deduct our contributions) and trying to be a decent person (not always with success). We all know common stocks have been “giving”–almost daily, but I am…

Just a quick note that the sortable Goodle sheet link has moved to the right side menu. The link will remain there and I will give notice on any new version of the sheet that I post. Chad and I have been making some changes in the top menu area–new lo…