Market Wrap-Up for Nov.30 (FCX, JOYG, MA, CMI, FDX, more)

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This morning the Federal Reserve, along with the Bank of Canada, Bank of England, Bank of Japan, European Central Bank and Swiss National Bank, pumped up liquidity through various forms of currency swaps to allow financial institutions easier access to funding. This move followed China's decision last night to cut the reserve requirement ratio for its banks in a bid to jumpstart what appears to be a plummeting economy.

Will these moves fix all that ails the global economy? Hardly, but it's clear that governments across the world are will do anything and everything to avoid a freeze-up in consumer spending. I've harped on this point many times before, and believe it now more than ever.

For better or for worse, politicians now use the direction of the market indices as a scorecard for their performance. As much as high unemployment is a big factor, seeing shrinking 401k, IRA, and other retirement accounts tends to cause an even bigger call to action, and one could argue an even faster response.

Three New Dividend Stock Recommendations!

Be sure to check out the three new names we 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 , only available for Dividend.com Premium members.

You Can Sit in Cash, But

It may seem like we are getting super-bullish here at Dividend.com with three new names on our recommended list today, but that is hardly the case. When you consider we only recommend 1.2% of the 1,612 stocks we currently rate, we are still super-cautious in the current economic environment. That said, we want to always be looking for new places for investors to put money to work. Remember, the best investors in the world rarely ever sit in 100% cash (or even 50% cash, for that matter) for any extended period of time, so there's no reason for us to, either.

Following the liquidity hailstorm, the financials certainly received the initial boost of investor optimism, but the stronger moves appeared to be in the commodity space with stocks like Joy Global ( JOYG ), Peabody Energy ( BTU ), Freeport McMoran ( FCX ), and BHP Billiton ( BHP ) jumping up nicely. The biggest gains of came in the higher beta momentum names like MasterCard ( MA ), Cummins Inc. ( CMI ), FedEx ( FDX ), and Estee Lauder ( EL ). The price action today certainly favored the momentum crowd (traders), so don't be alarmed if the higher-yielding names were are not as strong as you may have hoped on such a big market spike day.

Our Beat The Markets with Dividend Stocks eBook Has Arrived!

We just debuted our brand new 275-page eBook, exclusively on Dividend.com! In this digital-only book, we look ahead to 2012 and the main factors that could affect dividend investors. A $39.95 value, the eBook is a free download for paid Dividend.com Premium subscribers.

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! So head over to the Dividend.com Premium homepage now to download your copy.

A Dividend Capture Strategy for Active Investors

We now offer complete U.S. dividend data for all Dividend.com Premium members, so anyone that focuses on "Dividend Capture" trading strategies should have plenty of good stuff to research each day. Just check our enhanced Ex-Dividend Calendar , which is the best in the business, to search for upcoming payouts.

Speaking of dividend capture, Dividend.com Premium members can also access a 9-page report we published on the essential elements to any successful dividend capture strategy. Be sure to check it out here on the Premium homepage .

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 The NASDAQ OMX Group, Inc.

Created by Dividend.com


This article appears in: Investing , Stocks

Referenced Stocks: BHP , BTU , CMI , EL , FCX

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