- Japan
- Market Indicator
- Price Momentum Indicators
- Richard Russell
- Silver
- Speed Resistance Lines
- U.S. Dividend Watch List
Author Archives: nlo-admin
2026: High Yield Strategy
Posted in Dogs of the Dow, Dogs of the NLO, Dogs of the Topix 30, Dogs of the TSX
Tagged members
Nasdaq 100 Watch List: Costco Review
Posted in COST, Dow Theory, Edson Gould, Nasdaq 100 Watch List, PMI, Price Momentum, Speed Resistance Lines, SRL, upside target
Tagged members
U.S. Dividend Watch List: January 2, 2026
The S&P 500 ended the week slightly lower, slipping to 6,896.24 after a prior close of 6,945.77, marking a modest decline of roughly 0.7%. The pullback came as markets continued to wrestle with interest‑rate uncertainty, with stronger economic readings keeping pressure on expectations for when the Federal Reserve might ease policy. Higher yields weighed most heavily on tech and other long‑duration growth names, while defensive sectors once again showed relative stability.
Broader sentiment remained cautious as investors digested mixed corporate updates and positioned ahead of early‑year economic data. Despite the weekly dip, the index remains near its recent highs, reflecting underlying resilience even as volatility picks up. Our watch list remain relatively steady. Below is our dividend watch list to kick off 2026. Continue reading
Posted in Dividend Achiever Watch List, Dividend Achievers, Dividend Watch List
Tagged members
India Watch List: UPL Limited
On August 6, 2023, we said the following of UPL Limited:
“Our models indicate that the average downside risk is -25% within a given year if held for a minimum of 3 years. Again, brace for a –25% to -57% decline and determine allocation from there, only if the fundamentals support taking a position.”
Since that time, the price of UPL Limited fell exactly -26%.
From that low, UPL Limited has increased nearly +70%. Naturally, we cannot account for the increase at the lows. However, the Price Momentum Indicator has given reasonable expectations of where the stock might go.
See also:
Posted in India, PMI, Price Momentum, UPL Limited
India Watch List: Mahindra & Mahindra PMI
On May 16, 2025, we said the following of Mahindra & Mahindra:
“…now is a good time to confirm the fundamentals so that you’re ready when and if the price is in alignment with potential acquisition.”
It goes without saying that Mahindra & Mahindra is not the most optimal purchase at this time. However, the latest activity confirms the Price Momentum Indicator issued seven months ago. Additionally, the timing helped to avoid the 2023-2025 period of trading in a range.
See also:
Posted in India, M&MFIN.NS, PMI, Price Momentum