Friday, August 13, 2010

RGC is back down to levels that are compelling.

Its recent debt offering will likely be partially used for a stock buyback.

The shares are supported by a fat yield, and the dividend rate is likely going higher by year-end.

I was encouraged by the bank stocks this morning, which were finally are getting a bid.

I was pleasantly surprised by the consumer confidence figure.

The consumer price index was a bit hotter than expected, while retail sales, less autos, were slightly weaker. Neither, of course, moved the market.

This morning, disappointingly, the S&P futures failed to hold their gains in response to better-than-expected European GDP.

2 comments:

冠陳儒 said...

學而時習之,不亦樂乎˙ω˙............................................................

阮艳 said...

聰明人之所以不會成功,是因為他們缺乏了堅忍的毅力。.................................................