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DRL, Doral Finacial Corp

DRL,Doral Financial Corp (Google  Yahoo  Earnings BW  Chart

This is the kind of stock which might bounce back post new year. All those who want to take loss this year for tax purpose will sell it. In fact lot of stocks in the mortgage sector look like being sold for tax reason and might bounce back strongly.

Mortgage sector stocks:

AFN,Alesco Financial Inc (Google  Yahoo  Earnings BW  Chart
AHM,American Home Mtg Hldgs (Google  Yahoo  Earnings BW  Chart
ATAXZ,America First Tax-Ex Inv (Google  Yahoo  Earnings BW  Chart
CAA,Capital Alliance In Tr (Google  Yahoo  Earnings BW  Chart
CFC,Countrywide Financial (Google  Yahoo  Earnings BW  Chart
CHC,CharterMac Capital LLC (Google  Yahoo  Earnings BW  Chart
CRZ,Crystal River Capital Inc (Google  Yahoo  Earnings BW  Chart
DFC,Delta Financial Corp (Google  Yahoo  Earnings BW  Chart
DRL,Doral Financial Corp (Google  Yahoo  Earnings BW  Chart
FRE,Freddie Mac (Google  Yahoo  Earnings BW  Chart
HMB,Homebanc Corp (Google  Yahoo  Earnings BW  Chart
IMH,Impac Mortgage Holdings (Google  Yahoo  Earnings BW  Chart
IOT,Income Opportunities Realty Investors Inc (Google  Yahoo  Earnings BW  Chart
JRT,JER Investors Trust Inc (Google  Yahoo  Earnings BW  Chart
LEND,Accredited Home Lenders (Google  Yahoo  Earnings BW  Chart
LUM,Luminent Mortgage Cap Inc (Google  Yahoo  Earnings BW  Chart
MHL,Mortgageit Hldgs Inc (Google  Yahoo  Earnings BW  Chart
NEW,New Century Financial Cp (Google  Yahoo  Earnings BW  Chart
NFI,Novastar Financial Inc (Google  Yahoo  Earnings BW  Chart
NLY,Annaly Cap Mgmt Inc (Google  Yahoo  Earnings BW  Chart
NTR,New York Mortgage Trust Inc (Google  Yahoo  Earnings BW  Chart
OPX,Opteum Inc (Google  Yahoo  Earnings BW  Chart
SNFCA,Security National Financial Corp Class A (Google  Yahoo  Earnings BW  Chart
TFN,Transnat'l Fncl Network (Google  Yahoo  Earnings BW  Chart
TMA,Thornburg Mortgage Inc (Google  Yahoo  Earnings BW  Chart
UPFC,United Panam Financial (Google  Yahoo  Earnings BW  Chart
VRTA,Vestin Realty Mortgage I Inc (Google  Yahoo  Earnings BW  Chart
VRTB,Vestin Realty Mortgage II Inc (Google  Yahoo  Earnings BW  Chart
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Summer stock list

If you have to play the seasonality game, you have to think much ahead of the cycle. I have many alarms set for various seasonal strategies....

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High Debt Anomaly

The Barrons is a pretty useless publication due to its editors perma bear stance. They should just fire Alan Abelson, he has been consistent...

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Last trading day of 2006

Today is the last trading day of the year. It will be followed by 4 days holiday. So expect some crazy moves. Profit taking dominated the da...

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Watchlist/positions

Momentum is cyclical. After a lacklustre few weeks the markets had couple of good momentum days. Today was profit taking day. On individual ...

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I Love China

When market falls in love with something, it offers opportunities for some quick and easy money. The Chinese stocks have been markets favori...

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Earnings trend

After a long time, earnings trend show a slowdown. The earning season will start next week and again offer profitable opportunities on both ...

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Santa Rally Arrives Late

What we are witnessing is a delayed Santa Claus rally. The volume was thin but the breadth was very good. All major sectors participated in...

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Year end rally

The only surprise about this rally is why it did not start pre Christmas. The action today was concentrated in small caps. As usual the Chin...

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Top stocks for 2007 - Part 2

In my earlier post on Top Stocks for 2007 I talked about need for a sound concept if you want to make money in 2007. How does one go about ...

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A Dash of Insight

A Dash of Insight has a series of posts about 2007 forecast. Jeffrey A. Miller takes a look at recent market history, valuation matrices, ...

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Few buyers at this level

As expected the market rallied post holidays. Given the sharp pullback ahead of the holiday weekend, it was no surprise to see a bounce on l...