I will be adding a new link titled “Sandbox” in the right hand menu.
That link will get you to this page.
I had originally set up the “Reader Initiated Alert” page for ‘alerts’. I was thinking this, for instance, might be when a preferred stock is undergoing a temporary selloff and someone wants to let the population know about it quickly. Of course we all (including me) use the ‘alert’ page for general messaging.
I am requesting that we start using the Sandbox page for all general talk, and try to preserve the ‘alerts’ page for ‘alerts’.
I have had a screen up on one of my monitors all week where I see all comments – no matter where they are posted–it is a great page and I wish everyone had a page like that–believe me we all benefit from all the knowledge being shared. I don’t want to stifle any of the exchange of knowledge, but hope to get things a bit better organized by adding the Sandbox page.
Ally Bank stock down ~18% today from higher-than-expected delinquencies on car loans.
Schwab postpones retirement of Streetsmart Edge until at least 2025 tax season -they announced today ; I was scheduled for mandatory transition on Sept 13; and dreading it ; I was finding based on the tutorials that T or S was almost impossible to use ; at least for me
maybe the next shoe to drop will be – they are not retiring Edge but are retiring Sink or Swim ;
I got the E-mail this morning announcing this
For Schwab users- got this email today:
” In July we notified you that StreetSmart Edge was being retired in late 2024. Since then, we’ve heard from some clients who expressed concern about the timing. Based on this feedback, we are moving the retirement of StreetSmart Edge to after the 2025 tax season.”
FWIW, I think there have been a lot of complaints about thinkorswin not being ready for the big influx of customers and having technical problems. I have about half a dozen open support tickets.
I wonder if those who already transitioned can get their Edge back ?
Opinions on KIM-N ? New 52 wk high @ $61- looks like it tends to get there and fall, but not often. Wondering it’s time to sell at a nice big profit, and wait to buy again. Worked it’s way up to the $0.90625 ex date on 9/20 — but over done being up 1.71 today.
thx
Some ideas:
1. Sell TRINI price is now $25.90. Take capital gain and move on to a preferred selling below issue price.
2. Buy ATLCL good yield, $1.80 capital gain in November 2026 when it matures.
3. BWBBP and FGBIP both have good yields and are trading below issue price. Should go up in a decreasing interest rate environment.
good comment.. fgbip/pff pair has seen fgbip outperform for the last year..it was 2 sigma rich in february and 2 sigma cheap in march…currently .5 sigma rich
bwbbp/pff pair has also seen bwbbp outperform for the last year.. currently trading near fair value
Bonds been risin’
– Bought MAIN 6.95% maturing 2029 back in March for $100.54, now trading $105.11
– MAIN 6.5% maturing 2027 bought late May for $100.13, now $102.60
– BBDC 7% maturing 2029 bought late Feb for $99.51, now $104.58
– O 4.875% maturing 2026, bought early July for $99.14, now $100.72
These falling interest rate environments can be good – that is until I need to roll forward…