Featured Articles
Making Money in This Market Remains Tough
Tim McPartland | May 8, 2015
Income investors are finding out something we all knew already, but on occassion we need a reminder. Earning a relatively safe 7% isn't easy!Preferred stocks, exchange traded debt and REITs have taken a shellacking in the last week or so. Even though they have been knocked down the preferreds and exchange traded issues are still off just 3-4% from their highs…
Costamare 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock
Tim McPartland | May 7, 2015
Date Issued 5/5/2015Shares Issued 2,000,000 Overallotment Shares 600,000 ShS&P Rating NR Moodys Rating NRSecurity Ticker Symbol CMRE-D OTC Temporary Ticker COZTFMarket Traded ON NYSEDividend Payment Paid on the 15th of January, April, July and October beginning on July, 15, 2015Monthly Dividend .547 Annual Dividend 2.1875Securities may be redeemed, at the issuers option, as early as…
Danger Is Around Every Corner
Tim McPartland | May 5, 2015
We have finally concluded that the stock and bond markets are at a point that is the most dangerous they have been in years.Let's look at some of the recent data. 3 weeks ago we got a surprisingly soft employment report--horrendously bad. Then we followed that up last week with a GDP report of plus .2%--what a disaster!! At the…
You Can’t Keep This Market Down
Tim McPartland | May 4, 2015
This stock market just continues to hang in there--no matter the news good or bad. The S&P 500 is less than 1% from an all time high--even with interest rates creeping higher. Corporate earnings are not sensational as the strong dollar contributed to a stagnation in sales and earnings. Oh well, guess it doesn't matter.The 10 year treasury has moved…
REIT and Utility Smackdown Continues
Tim McPartland | April 30, 2015
The smackdown in the REITs and Utilities continues--in a savage manner today as average issues fell 1.5 to 2%. The REITs have been weak as hell for months now and the movement in share prices is strikening similar to the way the MLP massacre occurred last year. REITs tumble hard on big down days and barely respond to the upside…