Finding bargains in this market is becoming more and more difficult and the few groups that are currently under accumulation are the ones that are relatively undervalued and that also pay a dividend, such as food producers and chemical makers. Today, the Materials etf (NYSEARCA:XLB) was pushed to a new high mainly by the action in the chemical stocks. (Disclosure: I'm not a personal fan of many of these companies, particularly Dow Chemical and Monsanto, but I feel that I do have a fiduciary duty to mention them.) The following chemical stocks hit new highs today and are noted along with their current price (to the nearest dollar), price-to earnings ratio (P/E), and dividend yields (D/Y): Dow Chemical (DOW, $52; P/E = 13; D/Y = 2.8%), Celanese (CE, $63; P/E = 9; D/Y = 1.6%), Du Pont (DD, $69; P/E = 22; D/Y = 2.6%), Westlake Chemical (WLK, $81; P/E = 17; D/Y = 0.6%). All of these sport bullish charts and as long as the market continues to rally, so should these.