Wednesday, September 27, 2006

Trade Ideas: ECV

Markets edged a little higher as the Trade Ideas buying picked up on yesterday's; 8 picks covered a time span of 2 minutes. Top of the pile was the very imaginatively named, Enhanced Equity Yield and Premium Fund (ECV). Its 11% yield says a lot about where the money action is in this market. This featured 34 times on the scan. Timken Co. (TKR) also managed 34 appearances, but its yield of 1.90% is not so tasty.

Enhanced Equity Yield & Premium Fund, Inc. operates as a diversified, closed-end management investment company. The fund intends to invest in equity securities, primarily in dividend-paying common stocks of the U.S. issuers. It also intends to invest in securities of foreign issuers, including depositary receipts, emerging market securities, and securities that are denominated in currencies other than the U.S. dollar.

If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.