It's been pretty amazing to see the trend of quick morning
spikes, followed by 5-6 hours of a tight trading range whenever we
get the triple digit gains on the Dow (which we saw again
yesterday).
This type of action certainly stirs the pot for market
conspiracy theorists. We all know the Federal Reserve has been
active in the financial markets with liquidity, so the action
should not be too much of a shock. The key thing to watch is if the
pattern starts to change.
Here at Dividend.com, we've been able to successfully navigate
through any sort of market environment as we look for the best
dividend investment opportunities we can find. Investors need to
focus on this area as well. There have been too many people that
have remained on the sidelines for fear of the markets tumbling.
Sitting in cash for long periods of time rarely makes for the best
strategy. We're certainly not known here as the most bullish of
market pundits, but we don't want investors to get hooked on trying
to time the markets either. We still have a number of potential new
recommendations we are eying, but also know that we may need to
make changes to our current list if need be.
As we look at today's action, there were some well-known plays
that powered higher, despite the sluggish averages. Nike (
NKE
), Wynn Resorts (
WYNN
), Walter Energy (
WLT
), and Cliffs Natural Resources (
CLF
) paced the gainers' list. On the flipside, Disney (
DIS
) and Boeing (
BA
) were a couple of weak performers. Be sure to check out the
"Market Themes"
video
for some notes on this week's action and a look toward next
week.
Speaking of next week's holiday-shortened trading, there will be
fewer earnings on the board, but we will be getting reports from
Deere (
DE
), Tiffany (
TIF
) and Analog Devices (
ADI
), to name a few. Be sure to catch up with our latest watchlist
updates this weekend on Dividend.com Premium, and as always, you
can view our current recommendations on our industry-leading
Best Dividend Stocks
List.
Have a great weekend everybody, and thanks for reading!
Be sure to visit our complete recommended list of the
Best Dividend Stocks
, as well as a detailed explanation of
our ratings system here
.