$NOBL

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.

Screen Shot 2017-06-16 at 3.22.28 pm

Jardine Matheson Holdings Limited

Screen Shot 2017-06-05 at 2.20.45 pm

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.