Market Wrap-Up for Nov.4 (FCX, BTU, QCOM, TWC, TGT, JPM, more)

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We are used to outperformance for Dividend stocks in general, but with the Fed plan to keep pushing rates low with its $600 Billion buying binge announced yesterday, the skies are even bluer than usual.

Am I a fan of running the printing presses non-stop? Not a chance. But, we have do our best to maneuver through the market environment. As much as it seems unfair to those who have saved (and are sitting in 0-1% money market/CD accounts), our job is to help investors make money. Of course, it's also our job to protect investors should things get over-heated and it becomes a case where it makes sense to trim some positions.

Looking at today's markets, the biggest gains were seen in many of the commodity names we monitor. Freeport McMoran ( FCX ) is the name we currently like to use for our exposure to the volatile sector. Too many other plays have little in the way of dividend payouts, and are better suited for investors that feel they can get in and out of the names consistently. Other commodity winners today included Peabody Energy ( BTU )and BHP Billiton ( BHP ).


We saw some big earnings winners as well today, with Qualcomm ( QCOM ), Time Warner Cable ( TWC ) and Apache ( APA ) are all gaining nicely. Gold prices spiked up on yesterday's fed news. Inflation-watchers have their eyes peeled on this barometer. Elsewhere, monthly retail sales figures came in and Target ( TGT ), Ross Stores ( ROST ), Gap ( GPS ), and Abercrombie & Fitch ( ANF ) led the sector higher. Lastly, financials rallied late in the day on rumors the Fed may allow healthy banks to raises dividends. J.P. Morgan ( JPM ) and PNC Financial ( PNC ) shares jumped higher, pacing the gains for the group. Volume did jump higher on the day, with 5.7 Billion shares traded on the NYSE and 2.4 Billion shares on the Nasdaq.

Don't forget to check out new Investing Videos section. One of the videos summarizes how best to use Dividend.com . As always, check out our industry-leading Best Dividend Stocks list for the top dividend names to put money into right now.

Thanks for reading, and 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.

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