The S&P 500 Dividend Aristocrats ($NOBL) uses the S&P 500 as its basis and targets the index’s components that have increased their dividends annually for at least the past 25 years. The benchmark includes a minimum of 40 names and be equal weighted with no individual sector comprising more than 30% of the fund’s assets.
This index should form a major part of your long term portfolio for its multi-decade dividend payout track record.
Shorter term, it is likely to trade up to $59 & slightly above before hitting long term channel resistance.
Jardine Matheson Holdings Limited ($SGX:J36) has gained > 200% since its 2009, compared to the S&P500 which gained >300% over the same period. So, is it time for $SGX:J36 to catch up? The Singapore Straits Times Index (STI) itself has underperformed the S&P500 since 2009, so the outperformance of $SGX:J36 soon is key to the STI catching up to S&P500.
$SGX:J36 has been in a trading range of $48.70 to $69.50, its 161.8% to 261.8% fib extension. If it clears $69.50 with strength, its next upside target is $86, followed by $100.
The Market Vectors Gold Miners ETF ($GDX) is about to get jiggy. Big triangle about to break out… Inflation? Deflation? Covfefe? Watch this space…