Market Wrap-Up for Aug.16 (STRA, DE, EOG, SYY, JCI, more)

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Thanks to the Federal Reserve deciding to keep interest rates at near-record lows, the rewards for people that love to save are almost non-existent at banks today.

Talk to any of your older friends and relatives who like to research CD rates are and you'll see the look of disgust on their faces. At Dividend.com, we are continuing to carry the torch for what people need to be doing today with their hard-earned capital. We are not wildly bullish about the stock market, but at the same time, we see areas of potential opportunity for investors to continue the discipline of putting their money to work.

When we see the carnage of momentum trades heading south, as in this morning's case of Capella Education ( CPLA ) (which opened up today down almost 20%), we feel fortunate to not be pushing investors to taking extreme risks in the market. Trading is a tough game, and for most, a dangerous game. In the case of for-profit education play, CPLA, and others such as ITT Educational ( ESI ) and Strayer Education ( STRA ) , the last 2 weeks have been bloody. Capella was trading at $93 a share two weeks ago, and just sunk to below $60 earlier today. Data out from the Department of Education is showing that only 20% of students are repaying their federal student loans. This has caused a panic in the education sector that new government regulation could be forthcoming. Again, if you are one to take risks in the market at times, adopt a form of discipline that will limit your losses.

Elsewhere, the market was able to creep up off of earlier lows. Trading was mixed all around, with stocks like Deere ( DE ) and Johnson Controls ( JCI ) finishing higher, while EOG Resources ( EOG ) and Sysco ( SYY ) lagged. Volume continues to drag, with 3.14 Billion shares traded on the NYSE and 1.6 Billion shares traded over on the NASDAQ.

As always, be sure to check out our currently "Recommended" dividend stocks on our Best Dividend Stocks List . See you tomorrow!

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Created by Dividend.com


This article appears in: Investing , Stocks

Referenced Stocks: CPLA , DE , EOG , ESI , JCI , STRA , SYY

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