Does feel that way doesn't it? Think about what little news we have today: Costco (COST) with great numbers; a deal for HSN (HSNI) ; better-than-expected numbers for Steelcase (SCS) ; worse-than-expected for L Brands (LB) ; and a push number for Yum China (YUMC) . Throw in a weak ADP number and some geopolitical tension and you have a laundry list of basically nothing.
In these situations the idea that we should be pummeling pretty much all stocks except the oils seems a little simplistic. That doesn't mean you want to get in front of a real or imagined freight train, but as we survey the market for stocks that stand out as buys for Action Alerts PLUS, I come back with that same gnawing feeling: Give me something that's a huge discount and I will pounce.
So far?
No pouncing.
If Nvidia (NVDA) turns and Costco rallies then we might have something.
Otherwise not.
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The big operator of theme parks and waterparks is entering the best part of its year and should continue to produce higher dividends as it moves forward.
Especially when healthcare CEOs discus political issues with analysts and reporters.
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