The market continues to defy many of the so-called market
experts as well as those who are trying to figure out where the
capital is coming from to do all the buying.
It is always tough to ever get a clear handle on the money that
is going in and out of the markets exactly, but there has been a
sense that the retail investor may be missing the bulk of the run.
One of the things that business television loves to focus on is
"the trade", as many have abandoned any thought of long-term
investing. Fortunately we haven't given up the thought, but we also
know that you have to "prune the garden" every once in a while and
freshen up what may no longer be alive.
We are keeping a sharp focus on the data that we receive and
will be certain to keep investors in the loop of what we are seeing
and what changes we will be making to our recommended list.
Looking at today's market, some of the earnings highlights
included names like American Express (
) , Schlumberger (
) , and Eastman Chemical (
) closing on the upside, while Bucyrus International (
) , Ingersoll-Rand (
) and Baxter International (
) head in the opposite direction. Homebuilders are showing life
again, with Lennar (
) moving up. Volume finished at 5.32 Billion shares traded on the
NYSE, and 2.34 Billion shares traded on the NASDAQ.
As we set up for next week, we will be awaiting earnings results
from the likes of Caterpillar (
) , 3M (
) , Metlife (
) , and Texas Instruments (
) just to name a few. Be sure to check out this weekend's latest
updated Dividend watchlists seen only on Dividend.com Premium.
Be sure to visit our complete recommended list of the
Best Dividend Stocks
, as well as a detailed explanation of
our ratings system here