Rails and rail related stocks are strong. Perhaps this could be a forecaster of the economy. KSU, bought a few months ago for a long term holding based on its great dividend growth rate, has a beautiful chart.
It only pays .8% dividend now, but if the growth rates holds true for the next 5 years it could be ridiculous a 78%
So I am thinking it’s time to take on more risk. I will be adding to long term holdings of CHD (I like to say that everyone should own Church and Dwight as a long term holding ) and MCD (also a good long term holding). Here is a chart showing these as compared to SPY an ETF of the S&P 500.
I would love to add more AAPL to my long term holdings, but want to see some upward momentum
What did I see in my weekend review?
The 10-yr Treasury yield is at 1.85
IBD (Investor Business Daily): Confirmed Up Trend
Copernicus Systems: Long IMHO
Moneys Flows: All positive, but trending down …will keep a watchful eye on this
Currently my "Stocks for a Trade" now consists of:
(All gains or losses shown are the total since purchase)
GILD +12.99% will continue to hold for another week
ETF’s for a trade are:
What will I do?
I did not sell EWA
I hope you have a great week