Dividend.com: Midday Playbook - TheStreet

The market is fairly quiet today and this sometimes tends to favor those long the market. The short side tends to get aggressive and often times can be the trigger for what becomes a "short squeeze" in which markets shoot higher. Let's see what is sticking out so far today.

Bullish

Earning Winners

:

CSX Corp

(CSX) - Get Report

and

Goldman Sachs

(GS) - Get Report

are looking pretty good so far.

Railroad Plays

:

Burlington Northern

(BNI)

and

Union Pacific

(UNP) - Get Report

are benefiting from the CSX results.

Commodity Plays

:

Freeport McMoran

(FCX) - Get Report

and

BHP Billiton

(BHP) - Get Report

are leading a second-day-in-a-row rally.

Gold

:

Gold ETF

(GLD) - Get Report

,

RandGold Resources

(GOLD) - Get Report

and

Agnico-Eagle Mines

(AEM) - Get Report

looking good so far.

Retailers

: Two momentum favorites are higher,

Sears Holdings

(SHLD)

and

Coach

(COH)

.

Oil/Nat Gas Upgrades

:

Anadarko Petroleum

(APC) - Get Report

and

Occidental Petroleum

(OXY) - Get Report

are two names that were upgraded this morning and who may lead here as traders await an over-due energy rally. Look to these names if oil prices can stop going down for a day.

Analyst Upgrades

:

L-3 Communications

(LLL) - Get Report

and

Mohawk Industries

(MHK) - Get Report

are rising nicely on the heels of Wall Street upgrades.

Bearish

Earnings Warnings

:

Dell

(DELL) - Get Report

and

Take-Two

(TTWO) - Get Report

are down on weaker outlooks.

Exchange Operators

:

Intercontinental Exchange

(ICE) - Get Report

and

CME Group

(CME) - Get Report

will need to make a stand soon or things will really get ugly.

Burger King

(BKC)

: Hitting new 52-week lows on downgrade from Bank of America/Merrill Lynch to a neutral.

Summary

As I mentioned earlier, a quiet market can sometimes favor the long side. We are going to be getting some more results after hours to key on,

Intel

(INTC) - Get Report

,

Altera

(ALTR) - Get Report

and

Yum Brands

(YUM) - Get Report

. I will be especially keying on Yum Brands, especially after

Darden Restaurants

(DRI) - Get Report

recently disappointed investors. The ultrashort plays are not looking enticing yet. Maintain some patience here, and there will be some good set-ups taking place. It always happens.

Be sure to visit our complete

recommended list of the Best Dividend Stocks

as well as a

detailed explanation of our ratings system

.

At the time of publication, the author had no positions in stocks mentioned, although positions may change at any time.

Tom Reese and Paul Rubillo are senior editors of Dividend.com. Visit Dividend.com for more dividend stock ratings, picks, news, and analysis for long-term and income-seeking investors.