wolv/E+ via Getty Images Note: All amounts are in Canadian Dollars and all stock and option prices refer to the TSX side. While we have rated Keyera Corp. (TSX:TSX:KEY:CA) a buy in the past, our two most recent coverages have had us in the neutral camp. Seeking Alpha The review of the Q4 guidance back…
Daniel Grizelj DISCLAIMER: This note is intended for US recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. Nothing in this note…
Morsa Images/DigitalVision via Getty Images The BlackRock Corporate High Yield Fund (NYSE:HYT) offers investors exposure to high-yield fixed-income securities focusing on “junk bonds” and bank loans through a closed-end fund (CEF) structure. The attraction here is the fund’s monthly distribution which currently yields 10%, making HYT a compelling vehicle for income-focused investors. This is a…
hatman12 Direxion Daily S&P 500 Bear 3X Shares ETF (NYSEARCA:SPXS) is one of the most popular instruments to short the broad market for trading or hedging purposes. However, its daily -3X leverage factor is a source of drift. It must be closely monitored to detect changes in the drift regime. This article explains what “drift”…
MicroStockHub An essential concept for a commodity trader is contango and backwardation, which describe term structure or the price difference for delivery in one period vs. another. Contango is a state where the price for nearby delivery is lower than that for deferred delivery. The higher deferred delivery price often reflects the impact of interest…
sasirin pamai Written by Nick Ackerman, co-produced by Stanford Chemist. Eaton Vance has a number of equity closed-end funds that all have similar names. It can be quite difficult to tell what each fund is specifically looking at from their names alone. There are some clues, such as including “global” in the names or whether…
MWVotruba Direxion Daily S&P 500 Bull 3x Shares ETF (NYSEARCA:SPXL) is one of the most popular instruments to trade in bullish market conditions. It is a competitor and an equivalent to ProShares UltraPro S&P 500 [ETF 3x Shares] (UPRO). The daily 3X leverage factor is a source of drift, which may be positive or negative….
Oselote Introduction Most investors don’t see what is about to happen. The US economy and US government are over-leveraged. They have become strained to a breaking point. US government interest payments on the national debt have reached $1T and are not going down anytime soon. The US government’s 2024 deficit is projected to be well…
Chicago Board Options Exchange (Cboe) Digital announced today its plans to introduce trading and clearing in margin futures on Bitcoin, commencing January 11, 2024. This move positions Cboe Digital as the first U.S. regulated cryptocurrency native exchange and clearinghouse to facilitate both spot and leveraged derivatives trading on a unified platform, according to the announcement….
SweetBunFactory Investment (Sell) Thesis The Direxion Daily Semiconductor Bull 3X Shares (NYSEARCA:SOXL) ETF offers a three-fold daily exposure to the ICE Semiconductor index, encapsulating 30 US-listed semiconductor companies, making it a tempting tool for those bullish on the short-term outlook of this sector​​. However, its inherent leverage, coupled with a semiconductor industry grappling with high…
alexsl The WisdomTree U.S. Efficient Core Fund (NYSEARCA:NTSX) is an interest asset allocation fund that effectively provides 1.5x leveraged returns to the traditional 60/40 portfolio. For investors that can stomach the higher volatilities, the NTSX ETF does provide higher returns than traditional ‘balanced’ funds. The key risk to NTSX is if inflation proves to be…
Lumen Technologies, Inc. (NYSE:LUMN) Annual Deutsche Bank Leveraged Finance Conference October 3, 2023 7:30 PM ET Company Participants Chris Stansbury – Executive Vice President and Chief Financial Officer Conference Call Participants Jitendra Joshi – Deutsche Bank Jitendra Joshi Thanks for attending our fireside with Lumen. Now that we’re all sort of pumped up about Gen…
ISAREE K TIMMS/iStock via Getty Images Direxion Daily S&P 500 Bear 3X Shares ETF (NYSEARCA:SPXS) is one of the most popular instruments to short the broad market for trading or hedging purposes. However, its daily -3X leverage factor is a source of drift. It must be closely monitored to detect changes in the drift regime….
PM Images While screening for high yielding investments, I came across the SPDR Blackstone High Income ETF (BATS:HYBL). The HYBL ETF is managed by Blackstone, the well-known private equity and alternative asset manager. It seeks to generate high income from a portfolio of leveraged loans and high yield bonds. Although the HYBL ETF pays an…
FactoryTh I have mentioned Western Copper and Gold (NYSE:WRN) in the past as an excellent copper/gold resource investment idea. The company owns the Casino mine project in the Yukon. Its stock valuation trades at a sizable discount to estimated NPV calculations at metals prices below current quotes. Even given the go ahead to build a…