Friday, May 9, 2014

For Investors Only -- Friday Starting Out Slowly

Wow, thirteen companies announce increased dividends or distributions, including Cardinal Health (a healthy increase, in fact); Phillips 66 (a huge increase from 39 cents/share to 50 cents/share); and Whiting USA Trust II.

This is interesting: all things being equal, the price of oil should fall if the dollar strengthens. Today the dollar index holds on session highs, and the price of oil is about 0.6%.

Trading at new 52-week highs, not many: ... and none that interest me. But ... did the Dow set a new record today? CNBC said it did

Crude oil ended the day slightly lower.

Good for Amazon. Amazon bans company that threatened to sue the individual who posted a negative review.

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