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

Will We Correct?

Looks as if markets everywhere are off, but our index futures are all up before the Friday open. The market has been trending sideways for a week and a half. Yesterday, Thursday, it showed the first signs of cracking, and maybe coming back for a bit. It needs to… but, as I have been repeatedly saying, money’s been flowing in from around the world.

The search brings the very best of the safe-dividend growing stocks to me. I still see these same 23: JKHY, TJX, EFX, HRL, NKE, ROST, HD, AOS, TSCO, UNH, LOW, NOC, SYK, EL, STZ, COST, FDS, RAI, SBUX, LMT, CVS, NDAQ and DG.

It still makes better sense to post the short list of those have not exhibited price strength lately, because so many of have. The weak sisters here are: HRL, NKE, TSCO, LOW, EL, FDS, RAI, SBUX and CVS.

I’ll update the timer shortly, but I can tell you this: Risk had been measuring very high, and would now just start to be coming off. We need to correct this last price advance to wring risk out, and make it safe to accumulate more shares again. Historically, those best opportunities tends to arise in the Fall. It being late July already, it is already beginning to appear as if that scenario could play out again here in the remainder of 2016.

Here’s to your successful investing!
Harold F Crowell


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