Mid day thought:
Bernanke’s continued pledge to keep rates low was a blast off point for high yielding stocks. Telecom stock charts look like tech stock charts over the past few days and today with some exploding higher, it almost looks like a blow off top but, with no where else to get a decent yield, they may keep their bid a while.
be careful out there!
At the time of this writing, I or my clients own the following investments or related investments mentioned in this column: None
Note: this article is meant to be some helpful thoughts to share and not investment advice specific to you. Please consult your own advisor regarding investment and financial decisions. See our disclosures page.
Green Light for Dividends
Mid day thought:
Bernanke’s continued pledge to keep rates low was a blast off point for high yielding stocks. Telecom stock charts look like tech stock charts over the past few days and today with some exploding higher, it almost looks like a blow off top but, with no where else to get a decent yield, they may keep their bid a while.
be careful out there!
At the time of this writing, I or my clients own the following investments or related investments mentioned in this column: None
Note: this article is meant to be some helpful thoughts to share and not investment advice specific to you. Please consult your own advisor regarding investment and financial decisions. See our disclosures page.
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About The Author
Chris Grande