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PW News and Press, Power REIT From 06/19/21

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Company Name: Power REIT
Stock Symbol: PW
Market: NYSE
Website: pwreit.com

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PW - Fed Sparks Sell-Off As Shortages Worsen

U.S. equity markets slid to their worst week since February after the Federal Reserve accelerated its "lift-off" plans in response to surging inflation, sparking a sell-off in economically sensitive assets. Snapping a three-week winning streak and retreating from record-highs set...

PW - ARR, IVR among financial stocks joining Russell Microcap Index

On the conclusion of the 2021 Russell indexes annual reconstitution, the following financial and real-estate companies will join the Russell Microcap Index, effective June 28 after market opens.Financial stocks to be added to the Russell Microcap Index include: Ambac Financial Group (AMBC), A...

PW - Inflation Is Worse Than It Looks

U.S. equity markets rallied to fresh record highs this past week as long-term interest rates retreated despite inflation data showing the highest annual rise in consumer prices in decades. A seemingly insatiable bid for Treasury Bonds - a counterintuitive trend that some analysts like...

PW - Millennium Investment & Acquisition Company, Inc. Establishes Presence in Oklahoma with a Cannabis Cultivation Facility

Old Bethpage, New York, June 11, 2021 (GLOBE NEWSWIRE) -- Millennium Investment & Acquisition Co. Inc. (US-OTC: MILC) (“MILC” or the “Company”) today announced that it has agreed to invest in a newly formed cannabis operator - VinCann LLC (“VC”)...

PW - Power REIT Acquires Greenhouse Cultivation Facility in Budding Oklahoma Market in Highly Accretive Transaction

Old Bethpage, New York, June 11, 2021 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it has acquired a 9.35-acre property in Craig County, Oklahoma (the “Property”) through a wholly owned...

PW - My Portfolio May Update - 6 Buys, 2 Sells

I made eight transactions during the month. I added around $8.50 in dividends going forward (after-tax). Dividends were up more than 700% YoY. I outperformed the S&P 500 this month. For further details see: My Portfolio May Update - 6 Buys, 2 Sells

PW - REITs Getting Short Squeezed

U.S. equity markets flirted with fresh record-highs this week as concerns regarding economic "overheating" cooled after employment data showed that job growth fell short of expectations for the second straight month. Finishing on the cusp of fresh record-highs, the S&P 500 rallied...

PW - 1 Unexpected Player Has Plans to Conquer a Burgeoning Pot Market

As the cannabis rush rolls on in the U.S., companies large and small continue to make moves to become top players and money makers. There are big dreams and plans to cash in on a burgeoning market, whether in cultivation, processing, or dispensaries or as vertically integrated do-it-all bus...

PW - Legalize It: Investment Opportunities In States Moving From Medical To Rec

When cannabis moves to adult-use in the next 12-18 months, 13.5 million adults who are 21 or older will be eligible to buy cannabis. Large MSOs that are currently serving those states are expected to secure early adult-use licenses, pumping more money into their coffers. While the...

PW - Rents Are Surging Again

U.S. equity markets rallied this past week as long-term inflation expectations eased following a lukewarm slate of economic data and as massive new government spending programs face diminishing public support. Snapping a two-week skid, the S&P 500 rallied 1.2% on the week. Bitcoin...

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