Market Wrap-Up for August.25 (LO, PSA, MEE, UNH, POT, MOS, more)

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If every dip was a buying opportunity, most of us would have been out of bullets a long time ago.

Long-term investors need to shy away from the manic coverage we receive from most mainstream media channels. Unfortunately for some business media in particular, the quest for ratings has overtaken over any sense of investor accountability. At the end of the day, it is always up to the investor to take media messages with a grain of salt, but when the ratings are on the line (which is most always the case), then the cheap pop of how stocks react following any particular report is used as the dominant investing theme.

I hope that our subscribers are seeing through the noise, and stick to the gameplan of looking for quality dividend-paying stocks that make sense in whatever the current environment is. The current economic situation continues to be one filled with dangerous turns, and we will do our best to maneuver through it. When it comes to timing the market, that becomes a tough game for most, but if you are feeling like a certain time period is too uncertain, then you make the best call you feel works best for you. If you'd like to watch from the sidelines for a few months and sit out the action, so be it. Investing is a marathon and each individual investor needs a moment to catch their breath. The key thing is to avoid making the "timing" aspect a regular part of your investing methodology. Getting too cute will also prevent you from benefiting from good risk/reward moments.


As for today's market, commodity stocks saw a second consecutive day of profit-taking, with Mosaic ( MOS ) , Massey Energy ( MEE ) , Peabody Energy ( BTU ) , and even Potash Corp ( POT ) trading in the red. The market was able to close above the psychological Dow 10K levels, after dropping below that earlier in the day. Public Storage ( PSA ) . Lorillard ( LO ) , and UnitedHealth Group ( UNH ) were some of the names leading the rally. There aren't many earnings reports this week, so we are watching how sectors are moving in relation to the market's "temperature." There could be more trimming to come for us, but we will certainly keep subscribers updated to any of those possible changes to our Best Dividend Stocks List.

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.

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This article appears in: Investing , Stocks

Referenced Stocks: BTU , LO , MEE , MOS , POT , PSA , UNH

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