DJ divident index fund
has not retraced the entire rally that followed the Fed rate cuts.
Amazingly, back below both 50 and 200-dma's
Strange -- dividend-paying stocks are generally interest-rate sensitive -- this is a funny chart.

I can't seem to go back and edit that post.

I meant to say "...has NOW retraced..." not "...not retraced."

Changes the meaning a bit.

John, do you think dividend-paying stocks are also sensitive to a debasement of the currency that the dividends are denominated in?

I would think so, but, like what Tom Sawyer said about being "dog-tired," that's me.


Doug

Exactly my thinking, porkloin. From here foward, it might not necessarily be the case that interest-rate sensitive stocks -- especially big Dow-type dividend plays -- will rally on big Fed rate cuts.



Might be better off in tech stocks...