Market-watchers were busy keeping a close eye on today's options
expiration to see if this week's weakness would continue. When all
was said and done, the averages ended up closing mixed on the day,
but still down for the week.
Shares of Foot Locker (
) gained following
the company's earnings report
. We also saw shares of Nike (
) rise today, as the company just announced a
dividend payout hike last night
, bringing its yield above 1.5%.
Shares of Gap Inc. (
) and H.J. Heinz (
) caught a bit of selling following both companies' results. You
Gap's report here
Elsewhere, positive Wall Street commentary helped boost shares
of Coca-Cola (
), Carnival (
), and Hewlett Packard (
). HPQ is slated to deliver its results next week.
New Dividend Stock Recommendation
Be sure to check out the new name just added to our recommended
list this morning as we continue to look for opportunities to
expand our list of investment-worthy dividend plays. You can find
the full run-down of our big upgrade here
Our "Beat The Markets with Dividend Stocks" eBook is Coming
We're putting the finishing touches on a brand new eBook (nearly
300 pages!), slated for release next week. In this book, we look
ahead to 2012 and what could lie ahead for dividend investors. A
$39.95 value, the eBook will be a
Beat The Markets with Dividend Stocks
contains a full economic forecast for 2012, including in-depth
analysis on 65 of the biggest dividend stocks out there. It's a
great way to get prepared for your investing next year! We'll be
sure to alert subscribers as soon as the book is available.
U.S. Pension Backstop Sitting With $26 Billion in Debt
News broke earlier this week that the U.S. agency that insures
corporate pensions, Pension Benefit Guaranty Corp, reported a
record annual deficit of $26 billion. The agency paid nearly $5.5
billion in benefits this year alone to 873,000 retirees and assumed
responsibility for 152 under-funded plans.
Thankfully, many of our readers have taken my message of taking
charge of their own retirement to heart. This process is much
easier than many people think.
It doesn't take much more than opening an online brokerage
account (setting up your own IRA plan as well is a huge plus for
dividend investors looking to put more money to work and take
advantage of tax benefits). Next, save some money each month and
set up an automated system to deposit funds into your brokerage
account. Finally, consult quality investment research sites like
ours at Dividend.com for your investing ideas. As long as you have
the persistence to do repeat this process weekly, monthly, and
year-over-year, you'll be on the path to investing success.
I will continue to repeat myself on this point because it is so
true. No one will ever care more about your money and financial
well-being than YOU!
Backtracking a Way of Life for Many Analysts
Most of the time on business television, you'll see the same
tired line-up of fund managers paraded in to talk their books.
Typically, these guys (and girls) take a non-stop bullish stance on
the markets. Most simply reiterate some of their favorite ideas -
until those ideas stop working, of course. At that point, the
analyst backtracks and focuses on a new group of stocks. They
forget all about the bad calls they've made and never mention those
Investors can get in a dangerous position when they attach
themselves to any one particular money manager, and attempt mimic
his or her investing style. Unfortunately, many buy into the old
school "This person is on television, they must know what the heck
they are talking about" mantra. In reality, these talking heads can
be just as clueless as anyone. I can't tell you how many bad ideas
and market impressions I hear and read about on a daily basis in
the mainstream business media!
My best advice is to seek out analysts that remain consistent
with their overall messages. Consistency isn't about remaining
ultra-bullish or perma-bearish. It's about being being cognizant of
the realities in the global markets and being honest and forthright
about specific strategies for investors moving forward.
And in general, I urge you to ignore advice from analysts or
fund managers who manically jump from one idea to the next.
My personal research at Dividend.com focuses on keeping things
simple for the everyday investor. I don't ever want to be a shill
for the markets. When things are not to my liking, I will express
those concerns (as you've probably read). These days, we see
conflicts of interest everywhere you turn, with advertisers
influencing the message of the media or a profound lack of
accountability for consistently bad calls from those in the media
Times are changing, and individuals are seeing media messages in
a new perspective. If pundits think they can B.S. their way through
serious issues (business, economy, politics) anymore, they'll
history in no time. Straight talk is the only way we all become
smarter at the end of the day.
A Look to Next Week and a Weekend Preview
Looking ahead to next week, quarterly earnings results will be
fairly light. We will still see reports from the likes of Hewlett
), Hormel Foods (
), and retailer Guess, Inc. (
), however, just to name a few. Also, it will be a short week with
the markets being closed next Thursday for Thanksgiving Day, and
closing early on Friday (at 1:00pm EST).
Be sure to catch up with our latest watchlist updates this
, including reports on earnings/story stocks, analyst
upgrades/downgrades, dividend ETFs, and much more. And as always,
you can view our current recommendations on our industry-leading
Best Dividend Stocks List
Thanks for reading, and I'll see this weekend! P.S. Please pass
this e-mail on to someone you think can use some financial
motivation as well as being kept in the financial news loop that
could affect them.
Be sure to visit our complete recommended list of the
Best Dividend Stocks
, as well as a detailed explanation of
our ratings system here