Asset Backed Security Stocks List

Recent Signals

Date Stock Signal Type
2019-10-14 AFIF Crossed Above 50 DMA Bullish
2019-10-14 AFIF Narrow Range Bar Range Contraction
2019-10-14 AGO Cup with Handle Other
2019-10-14 AGO Slingshot Bullish Bullish Swing Setup
2019-10-14 BKT 20 DMA Support Bullish
2019-10-14 BKT Pocket Pivot Bullish Swing Setup
2019-10-14 BKT Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
2019-10-14 BKT 50 DMA Support Bullish
2019-10-14 BNDC Narrow Range Bar Range Contraction
2019-10-14 CIM 20 DMA Support Bullish
2019-10-14 CIM MACD Bullish Signal Line Cross Bullish
2019-10-14 DBL 50 DMA Support Bullish
2019-10-14 DBL Fell Below 20 DMA Bearish
2019-10-14 DBL Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
2019-10-14 DMO Stochastic Sell Signal Bearish
2019-10-14 DUC Narrow Range Bar Range Contraction
2019-10-14 DUC Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
2019-10-14 DUC 1,2,3 Pullback Bullish Bullish Swing Setup
2019-10-14 EGF Fell Below 50 DMA Bearish
2019-10-14 EGF Narrow Range Bar Range Contraction
2019-10-14 FCVT Cup with Handle Other
2019-10-14 FCVT 50 DMA Support Bullish
2019-10-14 FTSL Lower Bollinger Band Walk Weakness
2019-10-14 FTSL Cup with Handle Other
2019-10-14 JAGG 20 DMA Resistance Bearish
2019-10-14 JAGG 50 DMA Resistance Bearish
2019-10-14 JMM Stochastic Reached Oversold Weakness
2019-10-14 JMM 20 DMA Resistance Bearish
2019-10-14 JMM 50 DMA Resistance Bearish
2019-10-14 JMUB Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
2019-10-14 JMUB Crossed Above 50 DMA Bullish
2019-10-14 NEAR Doji - Bearish? Reversal
2019-10-14 NEAR Doji - Bullish? Reversal
2019-10-14 NEAR 20 DMA Resistance Bearish
2019-10-14 NHF NR7 Range Contraction
2019-10-14 NHF New 52 Week Closing Low Bearish
2019-10-14 NHF Narrow Range Bar Range Contraction
2019-10-14 PKO Crossed Above 20 DMA Bullish
2019-10-14 PKO 200 DMA Support Bullish
2019-10-14 PKO 50 DMA Support Bullish
2019-10-14 PKO Non-ADX 1,2,3,4 Bullish Bullish Swing Setup
2019-10-14 QCRH Crossed Above 20 DMA Bullish
2019-10-14 QCRH 180 Bullish Setup Bullish Swing Setup
2019-10-14 QCRH NR7 Range Contraction
2019-10-14 SAGG Narrow Range Bar Range Contraction
2019-10-14 SAGG MACD Bullish Signal Line Cross Bullish
2019-10-14 SCA 50 DMA Support Bullish
2019-10-14 SCA MACD Bullish Signal Line Cross Bullish
2019-10-14 SCA Fell Below 20 DMA Bearish
2019-10-14 SCHZ Narrow Range Bar Range Contraction
2019-10-14 SCHZ NR7 Range Contraction
2019-10-14 SHG MACD Bullish Centerline Cross Bullish
2019-10-14 SHG MACD Bullish Signal Line Cross Bullish
2019-10-14 TWO 20 DMA Support Bullish
2019-10-14 TWO Fell Below 200 DMA Bearish
2019-10-14 TWO Cup with Handle Other
2019-10-14 UITB Stochastic Reached Oversold Weakness
2019-10-14 UITB NR7 Range Contraction
2019-10-14 UITB NR7-2 Range Contraction
2019-10-14 UITB Narrow Range Bar Range Contraction
2019-10-14 USTB Crossed Above 50 DMA Bullish
2019-10-14 USTB Crossed Above 20 DMA Bullish
2019-10-14 USTB Narrow Range Bar Range Contraction
2019-10-14 USTB MACD Bearish Signal Line Cross Bearish

An asset-backed security (ABS) is a security whose income payments and hence value are derived from and collateralized (or "backed") by a specified pool of underlying assets. The pool of assets is typically a group of small and illiquid assets which are unable to be sold individually. Pooling the assets into financial instruments allows them to be sold to general investors, a process called securitization, and allows the risk of investing in the underlying assets to be diversified because each security will represent a fraction of the total value of the diverse pool of underlying assets. The pools of underlying assets can include common payments from credit cards, auto loans, and mortgage loans, to esoteric cash flows from aircraft leases, royalty payments and movie revenues.
Often a separate institution, called a special purpose vehicle, is created to handle the securitization of asset backed securities. The special purpose vehicle, which creates and sells the securities, uses the proceeds of the sale to pay back the bank that created, or originated, the underlying assets. The special purpose vehicle is responsible for "bundling" the underlying assets into a specified pool that will fit the risk preferences and other needs of investors who might want to buy the securities, for managing credit risk – often by transferring it to an insurance company after paying a premium – and for distributing payments from the securities. As long as the credit risk of the underlying assets is transferred to another institution, the originating bank removes the value of the underlying assets from its balance sheet and receives cash in return as the asset backed securities are sold, a transaction which can improve its credit rating and reduce the amount of capital that it needs. In this case, a credit rating of the asset backed securities would be based only on the assets and liabilities of the special purpose vehicle, and this rating could be higher than if the originating bank issued the securities because the risk of the asset backed securities would no longer be associated with other risks that the originating bank might bear. A higher credit rating could allow the special purpose vehicle and, by extension, the originating institution to pay a lower interest rate (and hence, charge a higher price) on the asset-backed securities than if the originating institution borrowed funds or issued bonds.
Thus, one incentive for banks to create securitized assets is to remove risky assets from their balance sheet by having another institution assume the credit risk, so that they (the banks) receive cash in return. This allows banks to invest more of their capital in new loans or other assets and possibly have a lower capital requirement.

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