Market Wrap-Up for Nov.10 (RL, EQR, PSA, AVB, WTW, CPB, more)

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As an initial note, you may have noticed that our website was experiencing some problems yesterday for a few hours in the early evening. We recently upgraded to a much newer, faster server, and there were some unfortunate kinks that had to be worked out. Thankfully, we're up and running again now at full strength, and our site is faster than ever! Thanks to all of our members for understanding as we go through some growing pains - we'll continue to do our best to serve your investing needs.

Moving on, as the economy continues to stop and go, more and more people are focused on generating income through their investment returns.

I was reading some recent data about the nation's homeownership rate falling to the lowest level in more than a decade. This may be bad news for anyone trying to sell a home right now, but in the long run, we needed to see a revision to the norm when it comes to who can and should own a home, from a financial standpoint. Lenders and borrowers took a trip down to "Crazy Street" for a few years, but all that insanity appears to have come to an end. As I just mentioned, the fall of home ownership back to normal levels is something that could help stabilize many individuals' financial health. Too many got in over their heads and the debt spiral that followed for them has been ugly.

Looking at today's market, sellers made an appearance right after the open, but once the afternoon kicked in, some buyers came back into play. Gold prices have seen some wild action the last 24 hours as the most crowded trade on the board continues to move ahead. Technically, the yellow metal still looks fine, but we did have a reversal take place late yesterday. It could mean nothing, but it's definitely worth noting. Polo Ralph Lauren ( RL ) destroyed earnings estimates flew higher. They are a low dividend payer, but a name worth watching on any significant pullback. The REITs bounced back from yesterday's selloff. Equity Residential ( EQR ), Public Storage ( PSA ), and Avalon Bay Communities ( AVB ) all closed nicley in the green. Weight Watchers ( WTW ) and Campbell Soup ( CPB ) lagged the action following Wall Street's reaction to both companies' revenue outlooks.

Be sure to check out the latest "Learn to Be Rich" articles as I'd like everyone to gain the money knowledge they need to navigate through other parts of their financial life outside of investing. And of course, check our our currently "Recommended" names on our industry-leading "Best Dividend Stocks" list.

Thanks for reading everybody. 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.

Created by Dividend.com

This article appears in: Investing , Stocks
Referenced Symbols: AVB , CPB , EQR , PSA , RL , WTW

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