Market Wrap-Up for Nov.8 (QCOM, AAPL, CTL, PRU, KSS, WFM, more)
The markets took on a volatile tone once again today, following yesterday’s battering of the indices. Today’s themes seem to be centered around the EU and the timing of further aid for Greece, as well as the intense focus on the plunge in Apple (AAPL) shares witnessed recently.
Earnings results were actually helping the markets avoid an early dive with solid results from the likes of Qualcomm (QCOM), CenturyLink (CTL), Dillards (DDS), and CBS Corporation (CBS). On the flipside, investors were selling the earnings news from Whole Foods (WFM), Prudential (PRU), and Kohl’s (KSS).
As always, you can check out our coverage of all the latest earnings reports and analyst moves affecting dividend stocks over on The Dividend Daily.
Closer to the Brink
Not even 24 hours after the election day results, the media shifted quicker than a needy 5-year old, not content with the task at hand and instead worrying about the next big thing. Let me set the stage a bit: you will get terrifying headlines, a record number of breaking news flashes, markets will have wild swings, and last but not least, politicians will dance until they get the opposing party to cave in on items that will likely come back to hit taxpayers in the pocket some how, some way. They will then gather together and pat each other on the back while plotting for the next battle.
At Dividend.com, we have been anticipating the late-year fireworks and have been running with a lean list of stocks we feel comfortable having investors consider for new and ongoing capital purchases. As the market continues to sort through the headlines, we will stay laser-focused on finding potential new names that could present opportunities for long-term investors to act on. Stay tuned!
2013 Dividend Guide Coming Soon!
We just wanted to let everyone know that we are working hard on a new 2013 Dividend Guide, loaded with our thoughts on what to expect in the coming year for dividend stocks. Again, this is only available to Dividend.com Premium members for download, so be sure you are signed up to receive the guide once it’s released! Last year’s Beat the Market with Dividend Stocks eBook was a smash success, and this year’s version will be even better. We anticipate releasing the new guide within the next couple of weeks.
Thanks for reading, and I’ll see you tomorrow!
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