Find Relative Strength in High Dividend Large Cap Consumer Names

• Posted by Greg Harmon
• on September 28th, 2015

There is blood on the street today. No getting around that. As I write this there are only 12 names in the S&P 500 that are not down on the day. Twelve for you English majors. 97.5% of the names in the index are down. Days like this lead the debate towards a long term downtrend vs possible capitulation. Volume does not side with the capitulation story though.

But for those of you looking longer term days like today are an opportunity see what names are shining. And by shining I mean not down 3%. One sector seems to stand out above the rest. High Dividend Large Cap Consumer stocks. This should not surprise. they have been strong through the sell off. Here are a few to note:

Campbell’s Soup, $CPB

Less than less than 4% off its all time high made last week.

Clorox, $CLX

Has continued to rise since the August 24th pullback.

Reynolds American, $RAI

Up on the day and approaching all-time highs,

Get my ebook, Markets for 2015 and Beyond, a long term forecast with all proceeds going to charity.

Want to learn more about Dragonfly Capital Views?
Dragonfly Capital Views Performance Through September 2015 and sign up here

If you like what you see above sign up for deeper analysis and trading strategy by using the Get Premium button above. As always you can see details of individual charts and more on my StockTwits page.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

blog comments powered by Disqus