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Dividend.com: Midday Update

Stock quotes in this article: BIDU , GS , RTH , BBY , JPM , ADBE , FDX  

The market is attempting to make a move up here, as buyers try to shake off the recent two-day slide. Let's take a look at what traders should be focused on right now.

Bullish:

Baidu(BIDU Quote): The stock is working well after a Goldman Sachs(GS Quote) upgrade this morning. We mentioned this as a favorite play if the morning print would hold and it did. If you are long, move up your trailing stock as the stock moves higher.

Retail Holders(RTH Quote): ETF play that encompasses various retail stocks is trading higher after flat opening. Shares of Best Buy(BBY Quote) are rallying as well. I am cautious on retail here as we enter a seasonally slow time.

Earnings Plays: Despite some tough reports, Adobe(ADBE Quote) and FedEx(FDX Quote) are hanging tough. FedEx may be bouncing simply because it was $58 last week and was down at $50 this morning. ...

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