Prospect Capital: Flying Higher?
– Frankly, Prospect Capital Corp. (NASDAQ:PSEC) has surprised me, positively. The high-risk business development company with not the greatest reputation in the income investor world has convinced with a strong reversal of its share price in 2016, after getting clobbered at the beginning of the year. Prospect Capital was kicked to the curb in January... Read More →
Why Oil Bulls Are Like Dinosaurs In The Tar Pits
14 months ago, much of the investment world was still wondering whether or not oil prices would see a sharp, quick recovery. My investment at the time discounted that possibility, and my presumption has been shown to be correct so far. Today, some analysts are still looking for less dramatic, but still very substantial recovery... Read More →
Catastrophes Drive Higher Insured And Economic Losses In H1: Swiss Re
Economic losses from natural and man-made catastrophe events in the first-half of 2016 totalled an estimated $71 billion, of which $31 billion, or roughly 44% was insured, an increase of 51% compared to the prior year, says reinsurance giant Swiss Re (OTCPK:SSREY). Natural disasters made up the majority of both economic and insured losses, while... Read More →
How To Retire On 2 Marshmallows
After having read The Marshmallow Test: Mastering Self-Control by Walter Mischel, I was wondering how this book has been perceived by the Unique Finance community. To my surprise, I found this book has hardly gotten any mentions here. The most common obstacle to success in investing is the person behind the wheel: the investor. If... Read More →
TSXV Biggest Percentage Gainers Mid-Afternoon: Ayubowan Capital, Logan Resources, Raise Production
The following are the biggest percentage gainers on the TSX Venture Exchange in mid-afternoon trading with their price movements: AYUBOWAN CAPITAL (AYB-H.V), $0.33, +0.21, +164.00% LOGAN RESOURCES (LGR.V), $0.25, +0.13, +117.39% RAISE PRODUCTION (RPC.V), $0.69, +0.14, +25.45% ONENERGY (OEG.V), $0.44, +0.08, +22.22% QHR (QHR.V), $3.10, +0.56, +22.05% SCOZINC MINING (SZM.V), $1.14, +0.19, +20.00% GOLDCLIFF RESOURCES... Read More →
Income Investors Look Out: Why Preferred Shares Can Be Risky Investments Today
It’s tough to find a decent yield today with central banks around the world forcibly keeping rates low. Investors are starting to get more creative and more aggressive. One place that I’ve seen brought up frequently in the comments of my articles is preferred shares. That’s not a bad option, but you have to be... Read More →
Q2 2016 Saw The Greatest Corporate Earnings Gains Of All Time
Our markets moved ahead in Q2 with the usual reason being given: more companies than not “beat the estimates” of Wall Street analysts. However — it has now been 18 months since more companies reported higher earnings than the quarter before. That news was lost in the noise from Wall Street and its cheerleaders who... Read More →
Factors To Consider Before Toronto-Dominion Bank’s Earnings Release
Toronto-Dominion Bank (NYSE:TD) is scheduled to report earnings this coming Friday, August 25th. TD has beaten earnings in 3 of the past 4 quarters and has handily beaten revenue estimates over the same period. Analysts are expecting EPS of C$1.21, a slight increase over the C$1.20 posted in the third quarter of 2015. High Short... Read More →
Factors To Consider Before Toronto-Dominion Bank's Earnings Release
Toronto-Dominion Bank (NYSE:TD) is scheduled to report earnings this coming Friday, August 25th. TD has beaten earnings in 3 of the past 4 quarters and has handily beaten revenue estimates over the same period. Analysts are expecting EPS of C$1.21, a slight increase over the C$1.20 posted in the third quarter of 2015. High Short... Read More →
XOP: Oil Price Gains Could Evaporate Next Month
Last week turned out to be one of the best ones for crude oil over the last few months. The US benchmark WTI for September delivery settled 9.1% higher on Friday from the same day in the previous week. That was the best weekly gain since early March. The international benchmark Brent crude also climbed... Read More →