When You're Worried, Try High Dividend Stocks With Strong Charts

We seem to be at a crossroads now. The uptrend in the SPY is still intact, but it is barely intact. The SPY is butting “down” against its 200-day SMA again. If it travels far below the 200-day SMA, the uptrend may be broken. I know I am worried. I am sure others are too. In this situation, what can you do? Should you hide you head in the sand (or cash)? Or is it perhaps a better strategy to look for high dividend payers with strong charts? If these stocks edge down, you can still collect the substantial dividends they pay. If they have strong charts, they may keep going up even in a downturn. Even if their prices fade a bit, they will likely rebound as quickly or more than other stocks. A few of these stocks are Altria Group (MO), Southern Company (SO), Duke Energy (DUK), Reynolds... Read more