Feel like something big is lurking underneath the surface? (Note: That is a real picture of a real great white shark.)
Longtime readers will know that I am a much bigger fan of using Net Payout Yield rather than Dividend Yield as a predictor of excess stock returns. This is a great example of a structural change in the markets that people have yet to grasp. Previously, I had to update the screen by hand, but now Jack Hough from SmartMoney has put together a NPY screen you can find here. (Nod to reader MK.) The current top ten from the Dow are:
Nice day for #3 on the list, Walt Disney.
How did I just come across Yahoo Pipes?
I have been using Crazedlist for some time, but as they say, this changes everything. . .
A couple links from Abnormal Returns worth reposting:
50 ways to lose your money without trying.
Market got you down? Then you may need some cheering up from Rodney Dangerfield:
Its been a rough day. I got up this morning … put on a shirt and a button fell off. I picked up my briefcase and the handle came off. I’m afraid to go to the bathroom.