2.94k followers • 30 symbols Watchlist by Yahoo Finance
Follow this list to discover and track stocks that have been overbought as indicated by the RSI momentum indicator within the last week. A stock is overbought when the RSI is above 70. This list is generated daily, ranked based on market cap and limited to the top 30 stocks that meet the criteria.
Despite more speculation that recession clouds are gathering, stocks cobbled together impressive gains to close another wild week. I mentioned earlier this week that some of the more important European economies, including Germany, are on the cusp of economic contractions and that are likely to spur the European Central Bank (ECB) into action.That was one catalyst for today's rally: talk that the ECB won't be sitting on the sidelines much longer and will attempt something with monetary policy aimed at perking up the region's sagging economies.Here in the U.S., it still seems like a stretch to say that a recession is imminent, but the University of Michigan Consumer Sentiment Index reading out today could be cause for concern for fans of President Donald Trump. That survey indicates independent and republican voters are growing concerned about the economy and could be apt to rein in spending. That data point was revealed just a day after the president spoke glowingly about the economy and the strength of the American consumer.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Cheap Dividend Stocks to Load Up On Even with all the recession chatter, the Nasdaq Composite rallied 1.67% while the S&P 500 climbed 1.44%. The Dow Jones Industrial Average closed the week with a gain of 1.20%. Fun fact, at least for day traders or those that like volatility: the S&P 500 has had intraday moves of at least 1% for nearly three straight trading weeks. Tariff TalkThese days, it's almost possible to discuss stocks, particularly many of the Dow members, with talking about tariffs. Plenty of stocks are more tariff-sensitive than others, and JPMorgan was talking about a few of those names today.Remember that while President Trump backed off some of the tariffs on Chinese goods set to go into effect on Sept. 1, he did not back off all of those levies. And the ones not going into effect next month were not eliminated. Those were merely delayed until mid-December.As for companies likely to be affected by the Sept.1 tariffs, those names include Dow components Dow (NYSE:DOW) and Caterpillar (NYSE:CAT). Somehow, Dow, the chemicals maker, was the second-best performer in the Dow today while industrial machinery maker Caterpillar was a solid gainer as well, adding 0.97%.Regarding Dow members that could be pinched by the December tariffs, assuming those penalties go into effect, JPMorgan includes Apple (NASDAQ:AAPL) and Nike (NYSE:NKE) on that list. However, both stocks closed higher today.The Home Depot (NYSE:HD) has been receiving elevated trade-related mentions, according to JPMorgan. Still, Home Depot is a heavily domestic company and the shares added 0.92% today ahead of next Tuesday's earnings report. Bad Bank Stocks on the DowEach of the Dow's financial services components, including JPMorgan Chase (NYSE:JPM), the largest U.S. bank, closed higher today. I mention this because, yes, banks are being drilled by declining net interest margin expectations at the hands of lower interest rates, but also because recent price action in the sector confirms investors can be confounded by analyst chatter.Just last week, a Wells Fargo analyst said valuations on bank stocks are attractive, but today the same analyst said "there is no way to sugar coat the negative impact of lower interest rates" on banks' net interest margins and per share earnings.As I pointed out a couple of times during financial services earnings season, the net interest margin issued was raised on a slew of bank earnings calls and at this point, should be baked into these stocks. Dow Jones Bottom LineWith all the aforementioned recession chatter swirling, the good news is that the Federal Reserve will not take that talk lightly and it is becoming increasingly likely that there could be another two rate cuts before the end of this year.While that may be good news, the risk is that with rates already so low by historical standards, the effectiveness of more rate reductions may not be up to investors' current expectations. Time will tell on that front, but the near-term path of least resistance would be for trade wars to cease.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post Dow Jones Today: A Fantastic Friday appeared first on InvestorPlace.
General Electric (NYSE:GE) stock price plunged more than 11% yesterday after forensic accountant Harry Markopolos issued a report accusing the conglomerate of massive accounting fraud and predicted that it could go bankrupt soon. GE stock price is climbing 6.5% today but remains about 20% below its July 24 levels.Source: JPstock / Shutterstock.com Known for reporting Bernie Madoff's Ponzi scheme to the federal government years before Madoff was caught, Markopolos' has earned some credibility with The Street.Yet, for multiple reasons, including Markopolos' history and recent conduct, I'm very skeptical about his conclusions. For these reasons, I recommend that risk-tolerant investors buy General Electric stock on weakness.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Markopolos Can Make Money if the Street Believes His StoryAccording to CNBC, Markopolos said that a mid-sized, U.S.-based hedge fund had agreed to give him "a decent percentage of profits" that it would earn by betting on the decline of GE stock. * 10 Cheap Dividend Stocks to Load Up On Let's say that the hedge fund bet $100 million against GE stock, and that it, using put options, made $50 million on the trade. Let's say that Markopolos' percentage was 20%. He would then of course earn $10 million on the deal. That's a pretty high sum for putting together a report and appearing on a few TV shows.And, if Markopolos' report had not been negative enough to push GE stock price down, it appears he would earn nothing on the deal. So, I'd say calling him pretty biased when it comes to GE stock would be a huge understatement.My confidence in the accountant isn't increased by his refusal to name the hedge fund that's paying him or the exact percentage of their profit he's getting. And in my opinion his statement that his report was "self-funded" could make some people mistakenly believe that he has no profit motive in this case. As somebody who scathingly criticized GE for a lack of transparency, Markopolos' own lack of transparency is puzzling and disappointing. Markopolos' Past Prophecies Haven't Come TrueMarkopolos, of course, was spot on about Madoff, but his warnings about insurance companies haven't been nearly as prophetic. As CNBC noted, his case centers around GE's long-term care insurance unit.Interestingly, in an interview published by Business Insider in November 2016, Markopolos alleged that all sorts of fraud was rampant across the insurance sector."I have some large insurance fraud cases that I'm going to make public in 2017. And they're going to be in the tens of billions of dollars each. … Basically the insurance industry is where the banking industry was in 2007," he told Business Insider. But over two years later, I can't find any references to insurance fraud exposed by Markopolos. Does anybody else hear a wolf? America Doesn't Crack Down Hard on Illegal Conduct by CompaniesIn his report, Markopolos compared GE to two of the very few large American companies that collapsed due to illegal conduct: Enron and WorldCom.But the reality is that the vast majority of large firms that violate the law do survive, and many thrive. For example, American International Group (NYSE:AIG), Bank of America (NYSE:BAC) and Goldman Sachs (NYSE:GS) were charged with committing fraud during the financial crisis. Toshiba (OTCMKTS:TOSBF) had its own accounting scandal in 2015. They all managed to survive and thrive since then. More recently, Wells Fargo (NYSE:WFC) has admitted to various fraudulent actions. Multiple hospital-chain owners have admitted to Medicare fraud. None of them have gone out of business, either. So even if GE did commit fraud or break laws, the chances of it disappearing are pretty low. Most of GE's Problems Involve a SubsidiaryAs CNBC pointed out, most of Markopolos' allegations of insolvency and lack of liquidity relate to GE's long-term insurance business. He identifies Employers Reassurance Corporation as the source of much of the debt he says GE owes.But ERAC is a subsidiary of GE, rather than part of the company itself. Interestingly, earlier this year, another GE subsidiary, sub-prime lender WMC Mortgage, went bankrupt. Although I'm not a legal or financial expert, I do think it's fair to wonder why GE cannot get rid of most of its debt stemming from ERAC by simply having the unit declare bankruptcy. Apparently, bankruptcies by insurers are not unheard of or illegal. Why Would Culp Join a Corrupt Company?General Electric CEO Larry Culp is in an altogether different situation than the CEOs of Enron and WorldCom were. In the latter two cases, the long-time heads of the companies were involved in fraud for years.Culp, by contrast, just joined GE at the end of last year. At that point, Markopolos alleges that GE had already started their fraudulent practices. By all accounts, Culp was tremendously respected for the turnaround he engineered while he was CEO of Danaher (NYSE:DHR).If Markopolos' accusations are true, Culp either did not examine GE's financial situation prior to taking the job, didn't understand its financial situation or knew that it was about to crash but, for some reason, didn't care about wrecking his sterling managerial reputation. None of those scenarios seems very likely. General Electric Stock's Fundamentals Are StrengtheningDespite the bears' insistence that GE stock is doomed and its fundamentals are collapsing, there are concrete signs that the company's fundamentals are improving or are poised to improve.The oracle of the GE stock bears, JPMorgan analyst Stephen Tusa, reported that GE's second quarter was an operational miss and that the company's fundamentals had worsened.But, as I pointed out in a previous column, the gas power segment of GE's Power unit jumped 27% in the first half of the year, and the company's overall backlog jumped 11% year-over-year. Culp reported that GE Power would benefit from positive trends going forward, including strong demand for natural gas in Asia. Moreover, despite temporary problems, the company's Aviation unit received a record $55 billion of orders at the Paris Air Show in June.Meanwhile, Greentech reported earlier this month that U.S. wind energy development accelerated in the second quarter, which should boost GE's renewable energy unit. Additionally, New York and New Jersey are going all-in on offshore wind, which also bodes well for GE.Finally, Caterpillar (NYSE:CAT) reported that the orders of its power business surged 17% year-over-year. Woodward (NASDAQ:WWD), which sells parts to GE, said that its gas turbine business is improving. And Barclays analysts reported that U.S. power turbine orders jumped more than 12% year-over-year.Based on all of those numbers and fundamental catalysts, I really can't see how Tusa can state with confidence that GE's fundamentals are worse. I also am not very confident at all about Markopolos' charges, so I would recommend buying GE stock on weakness.As of this writing, Larry Ramer was long GE. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post Investors Should Buy General Electric Stock on Its Latest Decline appeared first on InvestorPlace.
Walmart is a retail titan taking the fight to Amazon. But earnings growth is tepid. The stock is hitting new highs, but is it a good buy?
Copper recently touched its lowest price level in more than two years but as supplies of the red metal tighten, analysts think commodities traders could overcome concerns about the economy, prompting prices for the industrial metal to move higher.
If you invested in energy stocks during the 2010s, only to see oil prices go from $50 to $100 - and back again…then you know how erratic the sector can be.The bad news is that it's not just energy stocks: Volatility is here to stay for the market in general. I mention this because I've talked a lot about income investing lately. And energy is certainly a place to find high yields. In fact, many energy investments HAVE to pay high yields due to their tax structure, such as the master limited partnerships (MLPs).But as attractive as a high dividend yield sounds, chasing dividend yields alone can be downright dangerous.InvestorPlace - Stock Market News, Stock Advice & Trading TipsStocks are not like Treasury bonds or a savings account: There's no guarantee that you will get your money back. There's also no guarantee that company will continue paying a dividend. If you choose poorly, you could lose your capital as the stock price falls. Or, that nice juicy dividend could be slashed.In most cases, dividend yields are tantalizingly high for a reason (the stocks are cheap and rightly so) - and are simply not supported by the fundamental earnings power of the business. * 10 Cheap Dividend Stocks to Load Up On Given that a dividend yield is a function of the company's annual dividend and its stock's current price, it very often tells you more about the latter than the former.Even a mediocre dividend can suddenly produce a high yield if the stock price falls off a cliff. It's one of the pitfalls we avoid in Growth Investor when seeking yield - and a good reminder to always do your homework before investing.So, when hunting for the next best dividend stocks, not only do you want ones with stable, growing dividends, but you need companies that consistently deliver sales…and positive earnings.Unfortunately, that's not the case with a lot of energy stocks right now. Many of these companies are not well-diversified, and thus extremely vulnerable to the geopolitical and supply/demand disruptions that plague the sector.And to show you what I mean, I'm sharing a list of energy stocks that are rated D or F in both my Portfolio Grader and Dividend Grader. So, neither the fundamentals nor dividend trends are stacking up in their favor, making them automatic sells.Below are 7 energy stocks you won't want to go anywhere near.Company Symbol Industry Yield Dividend Grader Score Portfolio Grader Score Apache Corp. NYSE:APA Oil & Gas Production 4.56% F F Enable Midstream Partners NYSE:ENBL Oil Refining/ Marketing 10.54% D D Murphy Oil NYSE:MUR Oil & Gas Production 5.45% F D Noble Energy NYSE:NBL Oil & Gas Production 2.27% D D PBF Energy NYSE:PBF Oil Refining/ Marketing 5.51% F F Permian Basin Royalty Trust NYSE:PBT Oil & Gas Production 9.17% D D Targa Resources NYSE:TRGP Oil Refining/ Marketing 10.24% F D OK, well that's the bad news. So where SHOULD we invest?Well, I'm a numbers guy, and I've developed a tried-and-true method for assessing any stock available. And today, I see clear opportunities as well as threats.The good news is that the "smart money" on Wall Street knows this - and is showing a clear preference for "Bulletproof" stocks. They've already tipped their cards by pouring their capital into these particular stocks. And the buying pressure that results from this is exactly what my Portfolio Grader system is designed to spot!Having spent time on Wall Street, these big institutional investors quickly learn that you need dividends to grow a portfolio over time. The income really helps smooth over the rough patches.Dividend growth stocks are especially important today - when the global bond market is just going haywire:We've got falling and even negative yields overseas. But as investors retreat to U.S. Treasuries, it's causing bizarre effects here, too. Just look at what happened on Wednesday, when the two-year Treasury actually began to yield MORE than the 10-year Treasury!And even the 30-year Treasury can't be relied upon for good yield anymore. On Thursday, its yield dropped below 2% for the first time ever.So - whether you're managing big institutional cash, or your own portfolio - you're going to need what I call the Money Magnets.These companies are in the opposite position of the energy stocks we looked at before: Not only did these stocks earn an A in my Portfolio Grader, thanks to strong buying pressure and great fundamentals…The stocks also earn an A in my Dividend Grader. These stocks are able to pay great yields - and have the strong business model to back it up!All in all, I've got 27 strong dividend growth stocks for you, almost all of which yield more than the S&P 500. These stocks are poised to do well as we continue to see international capital flow to the U.S. markets. Click here to see how I found these stocks, and how you can get great performance out of YOUR portfolio - come what may.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post 7 Energy Stocks to Sell Now, and Where to Buy appeared first on InvestorPlace.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Royal Bank (RY) have what it takes? Let's find out.
Despite the healthcare industry's reputation as being recession-resistant, sometimes the market offers up potential bargains in the industry anyway.
LyondellBasell's (LYB) Spheripol technology enables customers to diversify and enhance their polypropylene product portfolio with outstanding monomer efficiency.
It could have been worse. At one point on Thursday, the S&P 500 was down as much as 0.5% before rallying back to end the session up a quarter of a percent. Investors entertained doubts about the idea that the recent yield curve inversion has to lead to a recession.Source: Shutterstock Walmart (NYSE:WMT) gets the bulk of the credit for yesterday's gain. Shares of the retailer jumped more than 60% after the company delivered second-quarter numbers that exceeded expectations. E-commerce revenue remains particularly impressive for the world's biggest retailer.Yet, though the broad market made gains, the number of advancers was only slightly higher than the number of decliners, and bearish volume was actually greater than buying volume.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWeighing stocks back more than any other name was General Electric (NYSE:GE), down more than 11% on accusations that it has been doctoring its accounting statements in a way that covers up a great number of liabilities that will cost the company billions. Cisco Systems (NASDAQ:CSCO) plunged nearly 9% after serving up lackluster guidance stemming from the tariff war underway with China. * 10 Cheap Dividend Stocks to Load Up On As the last trading day of the week kicks off, however, it's the stock charts of Freeport-McMoRan (NYSE:FCX), Microsoft (NASDAQ:MSFT) and Coca-Cola (NYSE:KO) that merit the closest looks. Here's why. Freeport-McMoRan (FCX)Although most stocks bounced back from recent weakness on Thursday, it's not surprising that Freeport-McMoRan didn't. Shares have been trapped in a downtrend for years, and that selloff was renewed at the beginning of last year when a rising support line was snapped.It's possible, however, yesterday's 4% tumble may have also served as a capitulation that ends up becoming the low point of the current bearish swing. That dip pulled the stock back to an established floor, forcing the bulls and the bears -- if not both -- to finally make a commitment. * Click to EnlargeAlthough you have to go back to 2017 to see the initial low that serves as the first node of a falling support line, plotted in blue on both stock charts, it's clear that FCX has been getting pushed toward the tip of a converging wedge pattern. * The weekly chart also indicates Freeport-McMoRan shares broke below what had been a technical floor at $9.50, marked in yellow on the weekly chart that also plots the rising support line, in red, that snapped in the middle of last year to let a new pullback take shape. * Although technically weak and suffering from bearish momentum, Thursday's kiss of the lower boundary of a descending wedge pattern opens the door to the possibility FCX could attempt to rebound from here. The upper boundary of the wedge, in white, remains intact though. Microsoft (MSFT)Giving credit where it's due, Microsoft shares have impressively stood up to marketwide weakness that started to seriously undermine other stocks late last month. Since peaking in July, MSFT shares have only fallen less than 6%. The S&P 500 is also still decidedly below most of its key moving average lines, while Microsoft is still above its key lines, or only modestly below the ones it's under.Microsoft shares are slowly slipping into a funk, however, putting pressure on key support levels, and failing to find support at others. One, perhaps two, more bearish days could push MSFT over the proverbial cliff and pull the rug out from underneath this name that has rallied about as far as it can feasibly go for the time being. * 15 Growth Stocks to Buy for the Long Haul * Click to EnlargeThe key floor now under attack is the straight-line span connecting February's, June's and now this month's low, plotted as a light blue line on the daily chart. * Zooming out to the weekly chart of Microsoft it becomes clear that this year's rally has pushed MSFT stock to the upper edge of a rising bullish channel, where it has started to fade. Notice the weekly chart's MACD line is now below zero, after several weeks of lower lows. * Assuming history will repeat itself, MSFT shares are now positioned to slide back to the lower edge of that range plotted with a yellow line on the weekly chart. It now stands at $111.70, but is rising quickly. Coca-Cola (KO)Finally, Coca-Cola shares have been on a rampage since March, rallying more than 20% for the five-month stretch. More than that though, the advance has pushed KO stock out of a long-term trading range and into uncharted waters. Although overbought, shares even confirmed the strength of this breakout thrust by pulling back, finding support at a key line in the sand and then bouncing back above a long-term technical ceiling.While the momentum is undeniable, the scope of the rally thus far is unnerving. The risk of a wave of profit-taking is abnormally high. The good news is, the make-or-break line in the sand has already been identified and verified. * Click to EnlargeThe support level in question is the 50-day moving average line, plotted in purple on the daily chart. That line prompted the reversal that materialized two weeks ago, and is highlighted on the daily chart. * Backing out to a weekly chart, the basis of the worry becomes clear. Just in the past few weeks, KO stock has broken above a technical ceiling that has kept shares in check since 2013. It's plotted in white. * Although there's plenty of risk of a pullback that would bring Coca-Cola stock back to the trading range's floor near $46, marked in yellow, there has been an impressive amount of buying volume persistently through this unparalleled advance.At the time of this writing, James Brumley did not hold a position in any of the aforementioned securities. To learn more about James, visit his site at jamesbrumley.com, or follow him in twitter at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post 3 Big Stock Charts for Friday: Freeport-McMoRan, Microsoft and Coca-Cola appeared first on InvestorPlace.
As Huntington Ingalls Industries, Inc. (NYSE:HII) released its latest earnings announcement on 30 June 2019, analyst...
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
(Bloomberg) -- On Tuesday afternoon, as virtually all of Texas was facing the prospect of rolling blackouts and electricity prices skyrocketed to unprecedented levels, a small city on the southeastern edge of the state was so awash in power that it was basically giving the stuff away for free.Welcome to Victoria. Population: 63,000. This city, in the heart of the Lone Star State’s “Golden Crescent” region, isn’t known for much beyond plastics factories and chemical plants. A business roster of the local Chamber of Commerce boasts some big names including Formosa Plastics Corp. and Caterpillar Inc. It’s these industrial roots that may have saved it from one of the biggest power price spikes Texas has ever seen.Victoria’s giant industrial complexes are capable of making their own power with on-site generators. They’re handy resources when the state’s entire grid is running out of reserves and electricity is selling for $9,000 a megawatt-hour, more than anywhere else in America. While the rest of Texas was facing a shortage, these plants may have ramped up their own power generation, creating a supply glut in the city because of a lack of space on transmission lines.“Power plants around Victoria went full bore,” said Adam Jordan, an analyst at Genscape. The limits of the grid turned the area into a tiny island where -- as wild as it sounds -- electricity was selling for as low as negative $250 a megawatt-hour.Power grid operators call this phenomenon “congestion.” Indeed, when asked about extremely low prices there on Wednesday, a spokeswoman for the Electric Reliability Council of Texas said it “related to transmission congestion around the Victoria area.” At one point, a color-coded map of electricity prices on Ercot’s website was covered in bright red -- the shade for power trading at thousands of dollars a megawatt-hour. Victoria stood out as the lone cool-blue spot where electricity was below zero.The region may have been trying to cash in on soaring electricity prices by making their own power and feeding it onto the grid. But the ramp-up threatened to overload transmission lines that export power to big cities like Houston. The negative power prices signal to generators that they need to back off. “Ercot wanted power everywhere but there,” Jordan said.“These plants that self-serve are always looking to capture high prices when they can,” Josh Danial, a BloombergNEF analyst, said in an interview. The swings in power generation from these so-called private-use networks, he said, have actually sparked some controversy in the market as traders and power-plant operators can’t track their capacity, making it challenging to forecast prices.Victoria may have also turned into a power oasis on Tuesday as the region’s industrial giants idled some operations, said Adam Sinn, president of Aspire Commodities LLC. Big customers like them get paid to cut demand when electricity use is soaring, through programs known as demand response.“Either the plants shut off in demand response,” Sinn said, “or they shut off and started using their on-site private generation for the grid.”Caterpillar and Formosa didn’t immediately respond to requests for comment.To contact the reporter on this story: Christopher Martin in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Lynn Doan at email@example.com, Pratish NarayananFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Global oil and gas major BP has published its master sales and purchase contract templates for its liquefied natural gas (LNG) trading business and says it is the first of its peers to do so. Since the third quarter of last year, bids, offers and trades reported to pricing agency S&P Global Platts as part of its pricing process have become "significantly more homogenous with regards to the terms used," said Ciaran Roe, global director of the company's LNG division.
Coal is widely used across the globe as a source of electricity. Find out how efforts to use cleaner energy sources are affecting the top coal stocks in 2019.
Engie North America, the Houston-based arm of French utility company Engie, is moving its headquarters from one office complex in the Galleria/Uptown area to another. Engie will move into 109,667 square feet at 1360 Post Oak Blvd. in the Four Oaks Place office complex beginning in December, according to press releases from JLL and Transwestern. The energy company will occupy floors four through nine in the building, which used to be home to BHP Billiton's Houston headquarters.
High-yield dividend stocks have gained even more allure lately in the face of shrinking bond yields. However, while a handful are ready buys right now, several more sport alluring yields - at least 5%, and up into the double digits - but need a little more time to simmer before it's time to dip in.Patience is a virtue in life. That's particularly true in the investing world. It's even true across investing disciplines. Sober value investors wait for their price before buying, but disciplined market technicians also know to wait for the proper setup before trading.Sometimes, you need to wait for a fundamental catalyst to make your trade worth making. Other times, it's simply a matter of waiting for the right price. But the key is having the self-control to wait for your moment. Lack of patience can be a portfolio killer."We tell our clients during the onboarding process that we won't be investing their entire portfolio on day one," explains Chase Robertson, Managing Partner of Houston-based RIA Robertson Wealth Management. "We tend to average into our portfolios over time as market conditions warrant, and we're not opposed to having large cash positions. Our clients thank us in the end."Today, we're going to look at 13 high-yield dividend stocks to keep on your watch list. All are stocks yielding over 5% that you probably could buy today, but all have their own unique quirks that might make it more prudent to watch them a little longer rather than jump in with both feet. SEE ALSO: 57 Dividend Stocks You Can Count On in 2019
Stephens launched coverage of Caterpillar with an Underweight rating, the equivalent of a sell, citing worries about global growth.