Dragon Claws/iStock via Getty Images The YieldMax MRNA Option Income Strategy ETF ( MRNY ) Sell call I issued in September last year has not aged well. MRNY has rallied by over 60% in total return terms, returning an astounding ~85% payout on a TTM basis. That is, of course, lower on a cost basis at ~61% for investments made a year ago—still high and ensuring minimal damage to NAV, which has only ...
Dragon Claws/iStock via Getty Images The YieldMax MRNA Option Income Strategy ETF ( MRNY ) Sell call I issued in September last year has not aged well. MRNY has rallied by over 60% in total return terms, returning an astounding ~85% payout on a TTM basis. That is, of course, lower on a cost basis at ~61% for investments made a year ago—still high and ensuring minimal damage to NAV, which has only corrected by ~28%. That is a perfect set of outcomes for income investors, defying all the NAV erosion warnings I highlighted in my earlier thesis, especially for YieldMax's aggressive yield stance. Data by YCharts 1 Year yields on cost basis - MRNY (Seeking Alpha) Data by YCharts The performance is obviously backed by a sharp rally in Moderna, Inc. ( MRNA ) share prices (the underlying holding). You live and die by the sword in the case of single stock-based covered call strategies. So, the performance hasn't really got me thinking about my discomfort for aggressive yields that destroy NAV over full cycles or the upside capture opportunity loss versus minor gains in flat to correcting markets (poor total return risk-reward to fund income). But it has opened up a perspective around such single-stock income strategies (compared to index or portfolio-level covered call writing) that perhaps MRNY should not be judged as a market-agnostic, long-term income vehicle alone. There are tactical use cases that income investors leverage when they have an immediate bullish view on Moderna and want to monetize it. This is not really a revelation, but my older Sell thesis mixed up short-term and long-term dynamics. And I also got the directional view on Moderna horribly wrong. In this thesis, I therefore segregate the use cases and see what the call on MRNY should be like. For long-term investors, the story should stop at whether they have a bullish thesis (buy and hold) for Moderna - I don't. For shorter-term investors looking at the next few quarters, the option strategy depends on sev...
PM Images/DigitalVision via Getty Images The start to 2026 has certainly been more exciting than many expected. While the private credit drama was beginning to heat up well before the beginning of the year, the introduction of new kinetic conflict in the middle east combined with resurging inflation and worries around economic have jarred investor confidence. Year to date, the S&P 500 is down arou...
PM Images/DigitalVision via Getty Images The start to 2026 has certainly been more exciting than many expected. While the private credit drama was beginning to heat up well before the beginning of the year, the introduction of new kinetic conflict in the middle east combined with resurging inflation and worries around economic have jarred investor confidence. Year to date, the S&P 500 is down around 4%, despite and impressive rally last week in the face of a deteriorating global situation. Data by YCharts Typically, when the going gets tough for global markets, I encourage folks to look outside of their typical core and find noncorrelated asset classes that might be undervalued. Well, private credit and business development companies look anything but safe these days. REITs continue to struggle while they refinance into higher interest rates and continue to digest pocketed issues of oversupply . The specter of higher interest rates continues to haunt the idea of buying into longer duration bonds. This had led investors to seek out more conservative options, but even treasuries are down materially in the past six months. Data by YCharts I still see another opportunity despite an ongoing sector rotation. I believe dividend stocks look increasingly attractive against the current investment backdrop. This article will discuss why and explain why the Schwab Equity Dividend ETF ( SCHD ) is still my dividend fund of choice. Review of Prior Coverage SCHD is one of my most covered funds on Seeking Alpha. Historically, it has been my heaviest dividend ETF allocation, followed closely by the Vanguard High Dividend Yield ETF ( VYM ). If you look at its performance against peers and the S&P 500, it’s not difficult to see why I like it. Data by YCharts I usually cover the fund on around an annual basis. My last coverage of the fund was in March 2025 when we covered how dividend stocks protect against market volatility. This topic ended up being timely as the nation began throwing...
(RTTNews) - Shares of RPM International Inc. (RPM) are climbing about 12 percent on Wednesday morning trading after the company reported third-quarter financial results and leadership changes.
(RTTNews) - Shares of RPM International Inc. (RPM) are climbing about 12 percent on Wednesday morning trading after the company reported third-quarter financial results and leadership changes.
Rivian (NASDAQ: RIVN) and Lucid (NASDAQ: LCID) are two companies that are trying to carve out lasting footholds in the electric vehicle (EV) market and scale to the point where they're capable of generating big profits. Unfortunately, both stocks have seen massive valuation declines since hitting peaks shortly after their respective 2021 public-market debuts. Rivian stock is down roughly 91.5% fro...
Rivian (NASDAQ: RIVN) and Lucid (NASDAQ: LCID) are two companies that are trying to carve out lasting footholds in the electric vehicle (EV) market and scale to the point where they're capable of generating big profits. Unfortunately, both stocks have seen massive valuation declines since hitting peaks shortly after their respective 2021 public-market debuts. Rivian stock is down roughly 91.5% from its valuation high as of this writing. Meanwhile, Lucid stock trades off approximately 98.5% from its peak price. Which of these EV players stands a better chance of making big gains in the industry and delivering strong performance for shareholders over the next decade? Image source: Getty Images. Continue reading
AST SpaceMobile (NASDAQ: ASTS) still has a huge long-term opportunity, but one delayed launch may be forcing investors to rethink the timeline. I break down the real risk, the upside case, and why this stock may be entering its most important execution phase yet. Stock prices used were the market prices of March 28, 2026. The video was published on April 3, 2026. Continue reading
AST SpaceMobile (NASDAQ: ASTS) still has a huge long-term opportunity, but one delayed launch may be forcing investors to rethink the timeline. I break down the real risk, the upside case, and why this stock may be entering its most important execution phase yet. Stock prices used were the market prices of March 28, 2026. The video was published on April 3, 2026. Continue reading
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Industrials ETF (Symbol: IYJ) where we have detected an approximate $201.6 million dollar outflow -- that's a 9.6% decrease week over w
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Industrials ETF (Symbol: IYJ) where we have detected an approximate $201.6 million dollar outflow -- that's a 9.6% decrease week over w
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Bloomberg High Yield Bond ETF (Symbol: JNK) where we have detected an approximate $230.2 million dollar outflow -- that's a 3.3% decrease week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Bloomberg High Yield Bond ETF (Symbol: JNK) where we have detected an approximate $230.2 million dollar outflow -- that's a 3.3% decrease week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the VanEck Oil Service ETF (Symbol: OIH) where we have detected an approximate $285.4 million dollar outflow -- that's a 11.9% decrease week over week (
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the VanEck Oil Service ETF (Symbol: OIH) where we have detected an approximate $285.4 million dollar outflow -- that's a 11.9% decrease week over week (
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ABFL ETF (Symbol: ABFL) where we have detected an approximate $209.8 million dollar outflow -- that's a 31.6% decrease week over week (from 9,175,00
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ABFL ETF (Symbol: ABFL) where we have detected an approximate $209.8 million dollar outflow -- that's a 31.6% decrease week over week (from 9,175,00
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Total International Stock ETF (Symbol: VXUS) where we have detected an approximate $226.8 million dollar outflow -- that's a 0.2% decrease
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Total International Stock ETF (Symbol: VXUS) where we have detected an approximate $226.8 million dollar outflow -- that's a 0.2% decrease
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Semiconductor ETF (Symbol: SOXX) where we have detected an approximate $278.2 million dollar outflow -- that's a 1.3% decrease week over wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Semiconductor ETF (Symbol: SOXX) where we have detected an approximate $278.2 million dollar outflow -- that's a 1.3% decrease week over wee