For Investors Only: Record Number Of Companies Trading At New Highs .... Probably Not, But It's A Lot; Market Closed At A New High

AAPL is up almost 2% -- up another $10.

You don't see this often. Last Friday, just before the long weekend, I posted a link to Dennis Gartman's prediction that "we" were headed for a major market correction.  Today, on CNBC, he says he was "abundantly wrong" with regard to that prediction. Had he not come out and done that, he would have lost a lot of credibility. I still don't care for him a whole lot, but I was impressed he would publicly comment on his earlier prediction:

"Having called for a correction, I have been abundantly wrong," Gartman said. A correction is typically defined as a market downturn of 10 percent or more. "I am probably going to be wrong continuing to expect one. It's best to err on the side of remaining quietly bullish," he said.

Market hits new highs. WTI oil fluctuating around the $104 ceiling.

Trading at new 52-week highs include: AAPL, BRK-B, COP, DAVE, DIS, NGLS, NRG, TRGP, TRN, UNP, WFC, WMB.

Disclaimer: this is not an investment site. Do not make any investment decisions based on what you read here or what you think you may have read here. I post companies that interest me. I personally invest in very few of the companies that I list, but they help me keep the Bakken in perspective. In the list above I think I invest in two of the companies listed. 

OGE Energy: US Supreme Court declines to hear OG&E's Regional Haze case : The U.S. Supreme Court today denied a petition filed by Oklahoma Gas and Electric and Oklahoma Attorney General Scott Pruitt asking the nation's highest court to review a 10th Circuit Court of Appeals decision on Regional Haze. The question that the Supreme Court declined to review is whether the Environmental Protection Agency acted appropriately in rejecting Oklahoma's plan to address visibility at national parks and wildlife areas.

• Last July, a split, three-member panel of the 10th Circuit ruled that the EPA lawfully exercised its authority to reject Oklahoma's state plan and instead impose a federally mandated plan on Oklahoma. OG&E and the Attorney General filed a joint appeal to the U.S. Supreme Court in January. 
• "We are disappointed on behalf of our customers," said OG&E spokesman Paul Renfrow. "We still believe that the Oklahoma State Implementation Plan would have enabled us to meet the Regional Haze requirements at a much lower cost. However, we accept the Court's ruling and now turn our attention to meeting the 55-month compliance deadline."

Dividend stocks have been attracting investors for several years because of low yields on fixed-income instruments. Now their appeal is broadening as investors assume defensive postures, accelerating dividend-paying vehicles into outperformance.