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Archive of entries posted on 2nd August 2011

What’s working. What isn’t.

What’s working: the Australian dollar, the Swiss franc, gold, triple tax-free muni bonds, treasuries and mortgage REITs, like NLY and AGNC. What isn’t working — practically everything else, especially the big banks and the big technology stocks, like  CSCO, JNPR, NFLX and ORCL. Annaly’s earnings (NLY) were sound.  Its leverage is down. Read more here. […]