At the end of each trading week, Hillbent scans the market for extremely overbought stocks with a proprietary "E" (weakest) or "D" (next weakest) ranking in terms of negative fundamentals for revenue and earnings stability. The generated results is better known as the "Weekly Dogs With Fleas" watchlist.

Past observations have revealed that such candidates may experience reversal corrections to the downside once the market reconfirms that their fundamentals remain relatively poor.

There are actually a few advantages of owning quarterly dividend stocks over monthly dividend stocks. First, there are over 2,000 different quarterly dividend stocks to choose from, versus a few hundred monthly dividend stocks. Second, there are far more quarterly stocks to choose from, whereas most of the monthly dividend companies are either closed end funds, oil income trusts, or real estate trusts. Third, for smaller diversified portfolios, monthly dividends may be very small, and it may be more convenient to have a larger quarterly check on each stock.

According to WallStreetNewsNetwork.com, there are over a hundred quarterly dividend stocks paying more than 5% with market caps over $500 million, P/E ratios below 20, and PEG ratios below two.

Individual investors should always look ahead to probable tax consequences of investments. Surprisingly, little attention has been paid to two significant tax issues should an Obama victory occur in November, especially if a super majority of Democrats are inhabiting the House and Senate.

First, it is highly likely that brokerages will be required to report the cost basis of all securities transactions to the IRS. Now, only sales of securities are reported. Investors can minimize this new tax wrinkle by selling securities that will be hit hard by front/back government access to security records beginning in 2009 before December 31st, 2008, and then shift assets into tax efficient index funds, ETFs and tax-managed funds in taxable accounts.

AES Corp. (AES) - BMO
FQ2 2006 Revenue Estimate: $3.01B
FQ2 2006 EPS Estimate: $0.17
FQ3 2006 Revenue Estimate: $3.10B
FQ3 2006 EPS Estimate: $0.24
Last Quarter FQ4 2005 reported on 04/04/06 BMO
EPS Estimate: $0.19 ¦ EPS Actual: $0.27
04/04/06 Close: $17.13 Change($): $0.45 Change(%): 2.6%
04/05/06 Close: $17.00 Change($): ($0.13) Change(%): -0.8%