PSK News and Press, SPDR Wells Fargo Preferred Stock From 11/02/22

Summary The global economy has been hit by several headwinds, almost all of them leading back to higher inflation. Europe is likely already in recession, the U.S. will enter recession in Q2 2023, while China struggles to make recovery headway. Markets have faced up to the reality ...

Summary Elevated inflation, currencies, slowing global economic growth expectations, and reduced central bank liquidity remain key economic considerations. Volatility measured by the VIX spiked in September after declining in August. This wall of worry is real, but it is impor...

The global economy and financial markets have suffered a dreadful H1 2022, ravaged by a severe commodity shock, strict COVID-19 lockdowns in the world’s second-largest economy, and one of the most aggressive Fed tightening cycles in recent history. H2 looks equally tough. In it...

PFFA generated high returns, as preferred stock helped this ETF earn higher coupons, sail through the market turbulence and generate an attractive pay-out. Preference shares involve risk of dividend deferral as well as risk of falling price and falling yield of preferreds in a rapidly...

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

Preferred stocks issued by CEFs remain an overlooked sector by income investors. This sector has been supported by a number of themes, allowing it to outperform the broader preferreds space. We highlight a number of attractively-valued preferred securities issued by CEFs. Fo...

Historically, Fed tightening cycles have tended to be followed by recession. This suggests it is not too early to think about some higher-quality, longer-duration assets as potential sources of drier-powder assets. We highlight a number of 6-7% preferred securities that may fit th...

We take a look at the action in preferreds and baby bonds through the last week of April and highlight some of the key themes we are watching. April was the worst month for the sector since March of 2020. The significant drop in preferred prices, while painful, also means that dur...