SMHB News and Press, ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B From 05/22/20

Gainers:  Direxion Homebuild & Suppliers Bull 3X (NYSEARCA: NAIL )  +46.5% . More news on: Direxion Daily Homebuilders & Supplies Bull 3x Shares ETF, ETRACS Monthly Pay 2x Leveraged US Small Cap High Dividend ETN, Direxion Shares ETF Trust - Direxion Daily Transportatio...

SDYL: linked to the S&P High Yield Dividend Aristocrats Index LMLB: linked to the Wells Fargo MLP Ex-Energy Index Series B HDLB: linked to the Solactive US High Dividend Low Volatility Index Series B SMHB: linked to the Solactive US Small Cap High Dividend Index Series B PFF...

How Long Will It Take For The Markets To Recover From Covid-19? Prior to the Great Financial Crisis, the peak in the S&P 500 index ( SPY ) on a closing price basis was 1,565.15 on October 9, 2007. The subsequent crash bottomed out on March 9, 2009 with SPY at 676.53. That was a decline...

Gainers:  Direxion Homebuild & Suppliers Bull 3X (NYSEARCA: NAIL )  +32.00% . More news on: Direxion Daily Homebuilders & Supplies Bull 3x Shares ETF, Direxion Daily S&P Biotech Bear 3x Shares ETF, Direxion Daily Latin America 3x Bull Shares ETF, News on ETFs, Stock...

COVID-19 pandemic concerns, including the prospect of mortgage and rent payments not being made, have severely depressed the market prices of REITs. This includes mREITs and even agency mREITs. The payments of principal and interest by agency mortgage-backed securities held by the mREITs are g...

PYPE: linked to the NYSE® Pickens Core Midstream TM Index MLPI: linked to the Alerian MLP Infrastructure Index MLPB: linked to the Alerian MLP Infrastructure Index, Series B MLPG: linked to the Alerian Natural Gas MLP Index BDCS: linked to the Wells Fargo Business...

In classic "throwing the baby out with the bathwater" behavior, the markets are pricing agency mREITs, such as AGNC Investment Corp. ( AGNC ) and Orchid Island Capital, Inc. ( ORC ) at irrational discounts to book value. The prices and book values of the mREITs have declined severely since Feb...

My next article will be submitted, as soon as possible, after March 31, 2020, and will include an estimate for the April 2020 dividend for Credit Suisse X-Links Monthly Pay 2x Leveraged Mortgage REIT ETN ( REML ). It will also include a postmortem for the UBS ETRACS Monthly Pay 2X Leveraged Mo...

Picking Up The Pieces After the mREIT and ETRACs Catastrophe Some have inquired as to how my 15%+ current yield constrained portfolio has done in the recent market collapse. The UBS ETRACS Monthly Pay 2X Leveraged Mortgage REIT ETN ( MORL ) and, later, UBS ETRACS Monthly Pay 2xLeveraged Mo...

Whenever CNBC breaks out its “Markets in Turmoil“ chyron, markets tend to rally. Not this time! This is my 21st year in the capital markets. I have seen some crazy stuff. Actually, 99% of the stuff I have seen is boring stuff, but it’s the crazy stuff that I remember. ...