‘PFF’ Archive

Relative strength continues for the Financials as they “Test” a breakout…

  CLICK ON CHART TO ENLARGE XLF is testing a key resistance line this morning.  How XLF handles this line in the sand will have much to say about the Macro Puzzle and which way to overweight, when it comes to portfolio construction in the near future. PFF is facing an almost identical sloping resistance [...]

This ETF is acting “Sweet” of late…

CLICK ON CHART TO ENLARGE Preferred ETF (PFF) is breaking above a key falling resistance line after creating a higher low of late.  Nice price action and this ETF is paying a pretty sweet dividend too!

Interest rate plays that are struggling… PFF & LQD

Couple of weeks ago I suggested to “Harvest Gains” in PFF and harvest AT LEAST part of LQD positions.  (see post here)  Wanted to update from that post…see below Click on chart to enlarge The “patterns” and weakness in these dividend/interest rate plays suggests from a different angle that rates are wanting to move higher and that [...]

Pocket Change Gain 4.1% in PFF… Caution in LQD

Suggested to acquire some PFF in the post below, if you were looking for ”Income and Growth” potential, via Preferred Dividend stocks.  (see post)  PFF is yielding in excess of 6%. Taking Pocket Change Gains in PFF due to the chart below (on the right). The price action in PFF is one that I would suggest [...]