Steve DeLaney of JMP Securities says REITs can borrow against 95% to 97% of a government-backed mortgage security's value in the repo market.

WSJ: HEARD ON THE STREET: Debt Ceiling's Overlooked Flash Crash

David Trone, bank analyst at JMP Securities, says traditional banking like making loans to consumers and businesses should be relatively flat as loan growth remains muted and the impact of releasing loan loss reserves continues to peter out.

FORBES: Rallying Banks Will Try To Vault Earnings Hurdle (VIDEO)

An analyst over at JMP Securities did the same thing for Apple Wednesday, trimming its rating to Market Perform, and the stock fell 3.6%.

FORBES: S&P 500 Dips Below 2010 Close As Global Crises Continue

"The Nasdaq isn't going to hit 5000 any time soon, " said Mark Lehmann, president of JMP Securities.

WSJ: Nasdaq Composite Is Far Behind in Record Race