J Studios/DigitalVision via Getty Images The YieldMax PLTR Option Income Strategy ETF ( PLTY ) is an actively managed exchange-traded fund designed to provide investors with weekly income through the deployment of an options trading strategy, capturing returns with respect to the performance of the underlying stock, Palantir Technologies Inc. ( PLTR ). YieldMax strategies are known for paying out ...
J Studios/DigitalVision via Getty Images The YieldMax PLTR Option Income Strategy ETF ( PLTY ) is an actively managed exchange-traded fund designed to provide investors with weekly income through the deployment of an options trading strategy, capturing returns with respect to the performance of the underlying stock, Palantir Technologies Inc. ( PLTR ). YieldMax strategies are known for paying out high distribution rates while bearing the risk of NAV erosion, two distinct factors that should be considered when evaluating whether this fund is appropriate for one’s investment objectives. About YieldMax PLTR Option Income Strategy ETF PLTY was launched by YieldMax on October 7, 2024, on the NYSE Arca Exchange. The strategy has a gross expense ratio of 99 bps, aligned with peer income-oriented options strategies offered by Roundhill and REX Shares. PLTY has paid out a robust weekly distribution at an annualized rate of $45.86/share over the last twelve months for a trailing yield of 114.64%. A large proportion of the distribution rate derived from return of capital, which is relatively common for options income strategies. Return of capital (ROC) is a tax-deferred benefit that generally isn’t taxed until the sale of the investment. ROC will lower an investor’s cost basis with each distribution; once the cost basis reaches $0/share, excess ROC will be taxed as capital gains. Peer comparison table (Seeking Alpha) Dividend history (Seeking Alpha) When evaluating high-distribution paying funds, investors should both assess the price return and the total return of the fund to gain insights into the full performance of the fund. Given the high level of return of capital, these funds tend to trend down in terms of price performance; this can be an appealing feature when considering selling out of these funds, as the gap between cost basis and share price can narrow. In terms of relative performance, investors should evaluate the fund with total returns to gain an understanding ...
J Studios/DigitalVision via Getty Images The YieldMax PLTR Option Income Strategy ETF ( PLTY ) is an actively managed exchange-traded fund designed to provide investors with weekly income through the deployment of an options trading strategy, capturing returns with respect to the performance of the underlying stock, Palantir Technologies Inc. ( PLTR ). YieldMax strategies are known for paying out ...
J Studios/DigitalVision via Getty Images The YieldMax PLTR Option Income Strategy ETF ( PLTY ) is an actively managed exchange-traded fund designed to provide investors with weekly income through the deployment of an options trading strategy, capturing returns with respect to the performance of the underlying stock, Palantir Technologies Inc. ( PLTR ). YieldMax strategies are known for paying out high distribution rates while bearing the risk of NAV erosion, two distinct factors that should be considered when evaluating whether this fund is appropriate for one’s investment objectives. About YieldMax PLTR Option Income Strategy ETF PLTY was launched by YieldMax on October 7, 2024, on the NYSE Arca Exchange. The strategy has a gross expense ratio of 99 bps, aligned with peer income-oriented options strategies offered by Roundhill and REX Shares. PLTY has paid out a robust weekly distribution at an annualized rate of $45.86/share over the last twelve months for a trailing yield of 114.64%. A large proportion of the distribution rate derived from return of capital, which is relatively common for options income strategies. Return of capital (ROC) is a tax-deferred benefit that generally isn’t taxed until the sale of the investment. ROC will lower an investor’s cost basis with each distribution; once the cost basis reaches $0/share, excess ROC will be taxed as capital gains. Peer comparison table (Seeking Alpha) Dividend history (Seeking Alpha) When evaluating high-distribution paying funds, investors should both assess the price return and the total return of the fund to gain insights into the full performance of the fund. Given the high level of return of capital, these funds tend to trend down in terms of price performance; this can be an appealing feature when considering selling out of these funds, as the gap between cost basis and share price can narrow. In terms of relative performance, investors should evaluate the fund with total returns to gain an understanding ...
It says something about the times that in February 2022, compared with now, lowering the age bar from 65 to 60 for the HK$2 transport fare subsidy for the elderly, adding 815,000 beneficiaries, didn’t ring more warning bells about sustainability. It was, after all, during the Covid-19 pandemic, when the government was issuing cash vouchers and when public morale and economic confidence were paramo...
It says something about the times that in February 2022, compared with now, lowering the age bar from 65 to 60 for the HK$2 transport fare subsidy for the elderly, adding 815,000 beneficiaries, didn’t ring more warning bells about sustainability. It was, after all, during the Covid-19 pandemic, when the government was issuing cash vouchers and when public morale and economic confidence were paramount. Lowering the bar for people at or near the end of normal working life struck an empathetic...
Angelica Zander/iStock via Getty Images My 2026 Market Outlook article – titled “ The Market Outlook for 2026 Looks Grim – Buckle Up! ” – was published on December 29, 2025. In that article, I issued a ‘sell’ rating for the S&P 500. As a part of the research for this article, I went through and counted the various market outlook articles on the 2026 Market Outlook page to see what the relative dis...
Angelica Zander/iStock via Getty Images My 2026 Market Outlook article – titled “ The Market Outlook for 2026 Looks Grim – Buckle Up! ” – was published on December 29, 2025. In that article, I issued a ‘sell’ rating for the S&P 500. As a part of the research for this article, I went through and counted the various market outlook articles on the 2026 Market Outlook page to see what the relative distribution of various ratings were. By my count, the breakdown was as follows: Source: Created by author As you can see, my ‘sell’ rating on the S&P 500 was very much not the popular position. Nevertheless, this has been the performance of the S&P 500 so far this year: Source: Yahoo Finance In this article, I’m going to make the argument that the bad news is potentially just getting started for S&P 500 investors this year. While I have gestured towards the idea that some investors might even want to short the S&P 500 in previous articles that have touched on my bearishness in relation to that index, I have never given that action what I would deem as a full-throated endorsement. In this article, by contrast, I will argue that now is definitely looking like the time to short the S&P 500 if there ever was one. So, let’s get into the reasons for this high-level of bearish conviction. The US-Israel-Iran Conflict is not “Liberation Day” I’ve heard market commentators mention supposed parallels between the ongoing US-Israel-Iran conflict and the “Liberation Day” market sell-off from April of 2025. The relevant supposed analogous idea was that, after sufficient pain in markets, Trump inevitably pulls back under the pressure so as not to send various markets into a state of irreparable damage. People say it was the bond market that forced Trump’s hand in April of last year. They are saying that it’s the oil markets that are forcing Trump’s recent pull-back vis-à-vis Iran . This analogizing of the two periods suggests that Trump has the power to undo damage this time around in a way ...
Roughly a year ago, Spain and Portugal went dark when the electrical grid of the entire Iberian Peninsula failed. While the grid operators did a heroic job of restarting the grid quickly, there were obvious questions about what had led to the blackout in the first place. A preliminary report suggested that a combination of grid-level voltage oscillations and early disconnections was the main facto...
Roughly a year ago, Spain and Portugal went dark when the electrical grid of the entire Iberian Peninsula failed. While the grid operators did a heroic job of restarting the grid quickly, there were obvious questions about what had led to the blackout in the first place. A preliminary report suggested that a combination of grid-level voltage oscillations and early disconnections was the main factor. Over the weekend, the European grid coordinator, ENTSO-e, released its final, detailed report on the event. While it's largely consistent with the preliminary conclusions, the report provides much more detail about what went wrong and, more significantly, offers a clear picture of how the Iberian grid operators could make changes to prevent a similar event in the future. Oscillations The expert committee that prepared the report had access to a wealth of data, including status logs from most of the major hardware on the Spanish and Portuguese grid, often recorded with sub-second precision. There's also data from the two major interchanges between the Spanish grid and those in France and Morocco. The group even obtained data from two manufacturers of the small inverters used for rooftop solar about the performance of their hardware on the day in question. Read full article Comments
HJBC/iStock Editorial via Getty Images Shares of PVH ( PVH ) have been a poor performer over the past year, losing about 4% of their value, given margin pressure from tariffs. I last covered shares in December , when I rated the stock a “ H old.” While concerned about ongoing tariff pressure, I felt shares were sufficiently cheap. This proved overly optimistic, and the stock is down 20% since then...
HJBC/iStock Editorial via Getty Images Shares of PVH ( PVH ) have been a poor performer over the past year, losing about 4% of their value, given margin pressure from tariffs. I last covered shares in December , when I rated the stock a “ H old.” While concerned about ongoing tariff pressure, I felt shares were sufficiently cheap. This proved overly optimistic, and the stock is down 20% since then. With the company set to report earnings shortly and with such an uncertain macro environment, now is a good time to revisit shares and determine how to position ahead of the release. Seeking Alpha Q3 results were mixed with European sales a concern Now, before looking forward, it is worth first recapping third-quarter r esults. The company earned $2.83 per share, which was down 6% from the prior year despite a 2% rise in revenue. Gross margins fell by 210bps to 56.3%, and the company has struggled to pass on all tariff-related costs. Relative to other retailers, its ability to mitigate tariffs has been weak. While the Supreme Court has blocked reciprocal tariffs, I believe the Administration will use other measures to keep the effective tariff rate similar this year to last year. Within regions, I was disappointed to see European sales decline on a constant currency basis to $1.1 billion, though profits rose 5.5% to $211 million. This region is nearly half of the company’s sales, making it the most important even as PVH operates well-known American brands, Calvin Klein and Tommy Hilfiger. This fading momentum in Europe is particularly concerning for me, given the inflation outlook I will discuss below. In North America, revenue was up a solid 2% to $683 million, but profits were cut in half to $45 million due to tariff costs. I expect similar margin pressure in Q4, but after that, we should see improvement, given easier comparisons. Asian sales were flat on a constant currency basis, and we should see continued improvement as pressure from the Chinese regulatory environme...
Nokia (NYSE:NOK), a mobile, fixed, and cloud network solutions provider, closed Tuesday at $8.25, up 2.36%. The stock moved as investors reacted to [Overnight] pressure in Helsinki trading, while watching 5G momentum and North American telecom spending trends next.
Nokia (NYSE:NOK), a mobile, fixed, and cloud network solutions provider, closed Tuesday at $8.25, up 2.36%. The stock moved as investors reacted to [Overnight] pressure in Helsinki trading, while watching 5G momentum and North American telecom spending trends next.
US officials on Tuesday played down speculation that distracted air traffic controllers might have contributed to a deadly collision between an Air Canada jet and a fire truck at New York’s LaGuardia Airport. Two pilots were killed in the runway crash late on Sunday, which crushed the cockpit of the Bombardier plane and heavily damaged the emergency vehicle. Media reports said investigators were i...
US officials on Tuesday played down speculation that distracted air traffic controllers might have contributed to a deadly collision between an Air Canada jet and a fire truck at New York’s LaGuardia Airport. Two pilots were killed in the runway crash late on Sunday, which crushed the cockpit of the Bombardier plane and heavily damaged the emergency vehicle. Media reports said investigators were investigating whether airport traffic controllers were distracted by an odour issue on a United...
FedEx is launching same-day delivery through a partnership with OneRail, a final-mile platform. The post FedEx to compete in same-day delivery with Amazon, Walmart and UPS appeared first on FreightWaves.
FedEx is launching same-day delivery through a partnership with OneRail, a final-mile platform. The post FedEx to compete in same-day delivery with Amazon, Walmart and UPS appeared first on FreightWaves.
Tom Werner/DigitalVision via Getty Images Shares of Azenta, Inc. ( AZTA ) have fallen to fresh lows again amidst quite some corporate developments taking place. By now, shares have fallen to the $20 mark, levels first broken to the upside in 2017, with Azenta briefly being a >$100 stock in 2021, but that was only temporary. Following a stronger end to the fiscal year 2025, the company started its ...
Tom Werner/DigitalVision via Getty Images Shares of Azenta, Inc. ( AZTA ) have fallen to fresh lows again amidst quite some corporate developments taking place. By now, shares have fallen to the $20 mark, levels first broken to the upside in 2017, with Azenta briefly being a >$100 stock in 2021, but that was only temporary. Following a stronger end to the fiscal year 2025, the company started its fiscal year 2026 on a softer note, and while the company sticks to its full-year guidance, there are risks to that. However, I like what I see here, between collapsing expectations, with operating assets trading far below sales. While building conviction is hard, low expectations and a net cash cushion provide some support here. Other, higher conviction ideas, including growth plays in life science segments, can be found at Value In Corporate Events . Many Developments Recent developments at Azenta have been numerous, and as these impact the future investment thesis, let's quickly run through them. Early in March, the company announced the acquisition of UK Biocentre Limited, a provider of sample management and storage, a transaction valued at GBP 20.5 million, excluding a very modest contingent consideration. The deal adds some GBP 15.3 million in sales, yet it is dilutive to 2026 EBITDA margins by 35 basis points. The deal should be accretive to earnings growth and EBITDA margins from next year onwards. Analyzing this deal in growth at length is not necessary, this being a bolt-on deal in the grand scheme of things here. This deal follows a disappointing first-quarter report, announced in February, with revenues up 1% to $149 million but revenues down 7% on a sequential basis. Organic growth came in at minus 1%, with non-GAAP earnings of 9 cents being down 3 cents on the year before and down 12 cents on a sequential basis, while GAAP losses were reported simultaneously at the same time. The company operated with $571 million in net cash, this being a formidable position; ...