You are seeing some stabilization in some key non-gold names: Johnson & Johnson (JNJ), Northrop Grumman (NOC), Clorox (CLX), Dollar Tree (DLTR), PepsiCo (PEP), AT&T (T) and, for a second day, Ross Stores (ROST). Plus, General Mills (GIS) is up in anticipation of its quarter on Wednesday. (PepsiCo is part of TheStreet's Action Alerts PLUS portfolio. AT&T is part of the Dividend Stock Advisor portfolio.)
It is enough?
I would say it might be a start. Remember, they usually do begin that way.
I see so much that is tempting: PVH (PVH) down 9 after a great quarter; Wynn (WYNN) retreating hard after a nice turn; Oracle (ORCL) back to where it was after an excellent quarter; same with Salesforce.com (CRM).
Even some stocks that I have hated seem interesting, like American Express (AXP) at $57 on a possible restructuring, or Southwest Air (LUV) at $36 because of its domestic orientation and ability to make money in any environment.
That said, I have no confidence that Europe has yet run its course and the dollar isn't going to keep flying high.
We have bought two stocks today for Action Alerts PLUS.
I fear that may be enough.