FTF: Deep Discount Could Be Creating A Tactical Play (NYSE:FTF)

cemagraphics Written by Nick Ackerman, co-produced by Stanford Chemist. Franklin Limited Duration Income Trust (NYSE:FTF) is a multi-sector bond fund that primarily focuses on carrying a shorter-duration portfolio, as its name would imply. That generally means that it is less interest rate sensitive relative to other funds that focus on high-yield bonds or investment-grade bond…

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ECC And OXLC: Climbing The CLO Learning Curve

Andrii Dodonov CLOs Explained (Well, Sort Of…….) There is a lot of commentary here on Seeking Alpha about CLO funds and exchange-traded funds (“ETFs”). This is not surprising given some of the huge distribution yields paid out by closed-end funds (“CEFs”) like Eagle Point Credit Co LLC (NYSE:ECC) and Oxford Lane Capital Corporation (NASDAQ:OXLC), which…

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Intel’s Logic Chip Shipments Are Still In A Cycle Downturn (NASDAQ:INTC)

FinkAvenue Intel Corporation (NASDAQ:INTC) announces its Q3 2023 earnings post-market on October 26, 2023. In the last quarter, Intel exceeded expectations, despite a nearly 16% year-on-year drop in total revenue. Notably, the company managed to halt the quarter-over-quarter declines in two of its critical business segments, possibly indicating a potential stabilization for the chipmaker, which…

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IHF: Healthcare Dashboard For October

manassanant pamai This monthly article series shows a dashboard with aggregate industry metrics in healthcare. It may also serve as a top-down analysis of a number of healthcare ETFs like Health Care Select Sector SPDR® Fund ETF (XLV) and iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF), whose largest holdings are used to calculate these metrics. Shortcut…

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Bank of America Beats Expectations with Strong Q3 2023 Profit

Bank of America, once expected to be a major beneficiary of rising interest rates, has faced unexpected challenges in 2023. In a recent earnings report, Bank of America Corp (NYSE: BAC) showcased its resilience and financial strength, surpassing analysts’ expectations for the third quarter of the year (Q3 2023). Exceeding Earnings Expectations The North Carolina-based…

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Examining Hesai’s Inconsistencies In The Ongoing Ouster Legal Dispute (NYSE:OUST)

David Becker Given Ouster’s (NYSE:OUST) acquisition of Velodyne in 2023, investors might struggle to regard Ouster as an affiliate of a 2020 settlement agreement to address Hesai’s (HSAI) infringement of Velodyne’s patents. However, this was the conclusion of the International Trade Commission’s (ITC) review of the initial determination made by the Administrative Law Judge when…

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ESMA Warns National Regulators Ahead of MiCA

Though the anticipation for MiCA has gone into full throttle, ESMA has warned national regulators against allowing what it calls ‘letterbox’ entities. The European Securities and Markets Authority (ESMA) is wary of global crypto firms who might try to exploit loopholes currently present in its Markets in Crypto Assets regulation (MiCA). MiCA, whose rules are…

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September Industrial Production: Too Strong

imaginima The Industrial Production and Capacity Utilization Report, corresponding to activity during the month of September 2023, was published by the U.S. Federal Reserve on October 17, 2023, at 9:15 AM. This report is widely considered to provide some of the best indicators of the production of goods in the U.S. economy, available at a…

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ARK Space Exploration & Innovation ETF: Can It Rebound? (BATS:ARKX)

dima_zel/iStock via Getty Images Overview The ARK Space Exploration & Innovation ETF (BATS:ARKX) aims to capture investment opportunities centered around the theme of space exploration and associated technologies. This includes companies involved in orbital aerospace, which refers to companies that launch, make, service, or operate platforms in the orbital space such as satellites or spacecraft….

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European Utilities Outlook: More Investment But More Selective In 2024

Smederevac By Nadège Tillier European utilities at the forefront of the green transition The European utilities sector is in an important transition phase towards green energy generation and transmission. The provisional agreement in March 2023 updating the European Union’s Renewable Energy Directive states that the green transition needs to accelerate further. At the European level,…

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Soybean/Corn Ratio: A Lesson In Pairs Trading

SimonSkafar By Andrew Prochnow Agricultural commodity prices have significantly retreated from the peaks observed in 2022. Nevertheless, it’s important to note that there have been profitable trading opportunities within this sector of the financial markets in 2023. One such opportunity emerged at the end of August, and those who acted swiftly by investing in an…

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PwC Partners with OpenAI to Offer AI-Generated Advice to Clients

This AI system is designed to alleviate the increasing compliance burden and complexity faced by businesses in a global context. PricewaterhouseCoopers LLP (PwC), one of the world’s leading accounting and consulting firms, has partnered with OpenAI to integrate Artificial Intelligence (AI) into its advisory services. This innovative collaboration marks a significant milestone as PwC becomes…

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Bank of America’s Q3: A Decisive Beat (NYSE:BAC)

Brian Moynihan Speaks At Georgetown University Drew Angerer Bank of America Corporation (NYSE:BAC) just released its fiscal third quarter earnings. The release beat on revenue and as well as on EPS. Going into the release, analysts were expecting the following: $25.07 billion in revenue. $0.82 in earnings per share (“EPS”). Relative to these expectations, BAC’s…

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Stock Futures Go Lower as Q3 Earnings Season Gains Steam

The US stock futures were slightly down early this morning as the third-quarter earnings season gained momentum. According to reports, futures tied to the Dow Jones Industrial Average (INDEXDJX: .DJI) lost 46 points, or 0.13%, S&P 500 Index (INDEXSP: .INX) fell 0.13%, and Nasdaq 100 futures were also down 0.12%. US Stock Futures: Monday’s Optimistic…

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I Am Playing Defense With This 8%-Yield REIT: Spirit Realty (NYSE:SRC)

Justin Sullivan/Getty Images News Co-authored With “Hidden Opportunities.” REITs are Deeply Discounted Amidst concerns that interest rates may remain elevated for longer than the market hoped, the Property real estate investment trust (“REIT”) sector continues to experience a selloff. Valuations are low, and there are terrific valuations in the rubble, even though all companies in…

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Spirit Is Anything But Spooky (NYSE:SRC)

Sergeeva As I explained recently in a Reuters interview, the net lease sector has been pummeled as evidenced by the chart below (that represents the NETL ETF that invests in net lease REITs): Yahoo Finance So far in 2023, the net lease REIT sector is down an average of -13.6% and the sector dividend yield…

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Mash And TFTC Partner Launch New Publisher Monetization Products Powered By Bitcoin & Lightning

Today, Mash and TFTC announced they have joined forces to shake up online media monetization and user engagement, introducing a suite of tools powered by Bitcoin and the Lightning Network. This partnership also marks the relaunch of the TFTC publishing platform, now featuring curated content from authors like Parker Lewis, Jordan Schachtel, and Whitney Webb….

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Opportunity Knocks For Municipal Investors

Andrii Dodonov Market overview Municipal bonds posted sharply negative total returns in September amid heightened volatility. Interest rates rose rapidly and pressured fixed income assets as the market navigated a moderate rise in inflation, continued strength in the labor market, surging oil prices, and more hawkish-than-expected message from the Federal Reserve (Fed). The asset class,…

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Rivian Automotive: Dilution Now A Concern (NASDAQ:RIVN)

Mario Tama Rivian Automotive Inc. (NASDAQ:RIVN) has come under renewed pressure after the electric vehicle company launched yet another Green Convertible Senior Note offering that is set to dilute investors. The unexpected issue of yet another Convertible Senior note poses very real dilution risks to investors. I think that Rivian Automotive is making progress in…

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