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

Will a Correction Commence?

The hope is that the market finally broke to the downside, and will enter into a correction, so as to wring out market risk… one can always hope anyway!

Running my search, I still come up with the same 19 issues that are, to me, the very best safe-dividend growers. They are: NKE, PSA, HRL, JKHY, TJX, SBUX, HD and LOW, EFX, COST, AOS, EL, NOC, FDS, UNH, SYK, CVS, NDAQ and FL.

Looking to see which possess the most price strength, even in the face of this present decline, I come up with: EFX, EL, UNH and SYK. You can see that EL came back, and HD has dropped off. It happens.

Updating the timer, I can see that risk is still high, but coming off rather rapidly. It would still have a way to go, and I could foresee it likely taking some weeks yet before any real low-risk market entry opportunity might present itself, but I’ll be watching for it daily. More Friday morning…

___________________

Stocks appear to be down the world over, as are our futures overseas, as of 8:00 am EST. Gold’s up! Oil is at… $46.41… are we saved?!?!?

Here’s to your successful investing!
Harold F Crowell

Advertisements
Standard

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s