Dividend Growth Investing, Retirement Income, Stock Market Investing, Stock Market Timing, Uncategorized

Intraday Reversal to the Downside?

I was out and about all day, playing with toys. When I finally looked in, it was after the close, and I thought I saw an intraday reversal. Sure enough, at 3:04 pm EST the market headed south in a hurry. We can only hope it means that it will finally correct, and reset for us a ‘low-risk market entry opportunity’, where we can acquire some shares for our accounts.

I’ve two dividend increase ‘pay raises’ to report. NDAQ raised their dividend from $1.00 a share to $1.28, for a 28% increase. That is awesome! Costco, COST, also raised their dividend from $1.60 a share to $1.80, for a $.20 increase amounting to a 12.5% pay raise. I’ll gladly take it! This is what safe-dividend growth investing is really all about.

The same 19 stocks appear to be the very best of the market for safe-dividend growth. They are: NKE, PSA, HRL, JKHY, SBUX, TJX, HD and LOW, EFX, COST, AOS, EL, NOC, FDS, SYK, UNH, NDAQ, CVS and FL.

Of those, the strongest of the bunch would be: HD, EFX, EL, SYK and UNH.

If it will finally correct, I can watch as my technical indicators finally work their way out of the high risk measures, and hopefully signal an all-clear opportunity to be a buyer.


And, the reason for the reversal… The US Dollar bounced off of a key support level, and strengthened, taking down stocks and precious metals.But, overnight, even that has reversed course, and things are looking back up this morning. Whatever…..

Asia closed up, Europe is off slightly, metals are way up… oil is trying to flirt with that magical $45 level it needs to reach to begin to stave off the energy firm debt-bomb. Amazing stuff! God bless you all.

Here’s to your successful investing!
Harold F Crowell

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