Market Wrap-Up for Mar.27 (MKC, LEN, WAG, PFE, MS, BAC, more)


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According to data just released from Standard & Poor's Case-Shiller this morning, U.S. home prices fell in January from a month earlier, hitting new multi-year lows. The average home price has now fallen back to 2003 levels - nearly a decade ago.

Meanwhile, the market tried to do its best to ignore the continuing negative real estate data news. Earnings results from the likes of McCormick & Co. ( MKC ) ( more here ), Lennar ( LEN ) ( report here ), and Walgreen ( WAG ) ( read more ), had those shares ending the day in positive territory. Elsewhere, investors bid up shares of Pfizer ( PFE ) ( read more ) on an analyst sum-of-the-parts call. As the markets pulled back late in the day, financials like Morgan Stanley ( MS ), Bank of America ( BAC ), and Citigroup ( C ).

In yesterday's newsletter, I reminded everyone about getting in gear to fund your retirement accounts as the mid-April tax deadline approaches. A few thousand dollars may seem like much to contribute for some, but when it begins to add up and compound interest kicks in, you'll be sorry you didn't consider it. If this year is not doable, make sure you are ready when next year comes around and the door is open once again.

Income, Income, Income

At, we maintain our focus on the best income-producing investments the markets have to offer during time of heightened volatility. We want to make sure we have only the most pullback-resistant names on our Best Dividend Stocks List . Also, if we see the market putting in what looks like a decent bottom, we will be prepared to scale up the list of stocks we like. Stay tuned and be sure to look for Premium member alerts along the way. Don't count on the government or your employer to set you up for a remarkable retirement. Take control, do your own research, and achieve your goals yourself!

Avoiding Knee-Jerk Reactions

It never fails. We regularly encounter situations that deserve careful consideration, but all too often we just go with our initial reaction.

Often times this practice leads to negative results. How many times have we seen or heard a customer at a restaurant fly off the handle when the food they ordered came out wrong, or took a bit longer than they were expecting? It's not the end of the world, after all. But they overreact anyway, embarrassing themselves and their fellow diners.

Investors can get into loads of trouble when they make knee-jerk reactions. For year, the business media has been a broker's best friend, fanning the fast buying and selling flames with breaking news (which seem to break every other minute these days). As these stories break, inevitably stocks move quickly up and down as investors make quick decisions without carefully considering the news.

Smart investing means thinking every portfolio move through. As I've gotten older, I've done my best to avoid making any knee-jerk reactions. Maybe patience comes naturally as we age, but it is something that can be of great benefit the earlier in life we are aware of it.

The Buck Stops Here

NFL fans are buzzing about the recent punishment handed down by NFL Commissioner Roger Goodell, who suspended New Orleans Saints head coach Sean Payton for the entire 2012 NFL season.

For anyone who has not been up to speed on "Bountygate", apparently the league had investigated allegations the Saints players and coaching staff had put in a system that would reward players with certain dollar amounts on knocking specific opponents out of the game. With the NFL coming under scrutiny from former football players about not doing enough to protect the health and welfare of the players, the news of rewards to be given out to likely injure opponents was the last thing anyone wanted to hear about.

There may be further fallout to come as specific players may also face suspension. Some have argued the punishment was too severe, and it's widely-rumored that other teams had put similar "bounty-like" reward systems in place as well.

As someone that has been in charge of their own businesses for the past couple of decades, I see the suspension as a decision that simply had to be made. It's the harsh penalty needed to send a clear message. Whether you run your own business and you have the ability to fire someone for an act that threatens the success of your business, or simply the head of a household who needs to express discipline when necessary, the sooner you nip something in the bud, the better the health of your overall organization.'s Very Own National TV Commercial Has Debuted

Our first-ever television commercial! has started running on CNBC and the feedback has been wonderful. If you haven't seen the link yet, you can check out our commercial here .

Go Beyond This Newsletter

We know many of you enjoy reading the daily newsletter, but remember that with our Premium service, the newsletter is just one small component of what we offer. Here are the "Big Three" benefits of our Premium service:

- The Best Dividend Stocks List is used by tens of thousands of investors to help build their own portfolios.

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Thanks for reading everybody. I'll 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 Nasdaq, Inc.

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This article appears in: Investing , Stocks
Referenced Symbols: BAC , C , LEN , MKC , MS

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