The 3-day holiday weekend in the celebration of our Independence has passed. It’s time to get back to work.
A run of my own search brings back the same 23 lovely stocks. These are the very best of the safe-dividend growers, and is truly one of the very best ways to invest in the stock market. They are: JKHY, HRL, TJX, NKE, ROST, EFX, HD, UNH, AOS, LOW, NOC, SYK, TSCO, EL, STZ, COST, SBUX, FDS, RAI, LMT, CVS, NDAQ and DG.
With a week like last week, which powered up the last 4 days of it, we see tremendous price strength in many of them, specifically: JKHY, EFX, UNH, AOS, LOW, NOC, SYK, STZ, COST, RAI, LMT and DG. A number closed at, or attained unto, on an intra-day basis, new all-time highs.
I updated the timer, and, of course, with the reversal taking place before we comfortably got an all-out, low-risk market entry signal, as I was dearly hoping for, the technical indicators of market risk have all reversed and taken off to where, now, they are measuring significantly higher risk, and will soon be reading high risk, if the market rises further.
Minutes before Tuesday’s open, we have Asia having closed down, and Europe is presently mixed. Our own index futures are off about 1/2 of 1%, and we can expect a lower open.
Something of very keen interest to note: A graphing of an average of all our stocks, compared to a similar price chart of the S&P, shows that we are far outperforming the index on an appreciation basis, and continually pushing on to new all-time highs, while the index keeps faltering around its previous highs of more than an entire year ago! We’re killin’ it!
Here’s to your successful investing!
Harold F Crowell