≈ Clean teeth and dividends. ≈

What is the first thing that comes into your mind when you think of Colgate-Palmolive? For me, 2 things: toothpaste and dividends.

Colgate-Palmolive is in charge of producing many of the oral, personal and home care product we know for more than 200 years. 213 to be more exact as the company was founded in 1806 by William Colgate who started a starch, soap, and candle business in New York City, making it one of the oldest companies in the US stock market.

Colgate is a Dividend King, a stock with more than 50 consecutive years of dividend increases. Here are some figures:

– Market Cap: ≈ $63 billion
– Dividend yield: 2.33%
– Payout ratio: 62.6%
– Beta 0.5

A nice and stable dividend, and a slow Beta. A defensive play for your portfolio, for sure.

But what about trading?

You voted you got it: Colgate-Palmolive (NYSE: CL) is the Stock of the Week on Tackle’s Instagram.

Go to our profile and check the analysis done by Coach Gino Poore; the anatomy of CL’s set up is thoroughly dissected for you. The stock was also one of the Options Report picks, so you don’t wanna miss it.

(CL is also what you get if you mistype the Oil Futures ticker symbol on TOS. Watch out!)

Now, Colgate-Palmolive reminds me of three things: toothpaste, dividends and a nice trading set up.

Chart of the Day

The anatomy of a setup

Here’s a screenshot of Coach Gino’s dissection of the CL trading set up on Tackle’s Instagram. Be sure to follow us there.

Video of the Day

What Are Dividends

A dividend is the distribution of a token reward from a portion of company’s earnings, and is paid to a specified class of shareholders.

Today’s line up

Traders Lounge 11AM EST

Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.

The Coaches Show Replay

If you missed last night’s episode where Coaches Noah Davidson and Grant Larsen talked about Module 3 from the S.T.E.P. System or would like to watch it again, check it out here.

Mind of a Trader 8:30PM EST

Mind of a Trader is a special webinar series where our traders go over trades they are personally analyzing, their take on the current market conditions, strategies that they believe are effective in today’s market conditions and special lessons they believe are applicable to all traders. Tonight’s show will focus on the Boomerang Trade and will be hosted by Coach Mark Justice.

Halftime Report 12:30PM EST

The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day and fun in a way that only Matt and Tim can deliver.

Market Recap 4:30pm EST

The Market Recap is designed to give you a quick overview of the day that was. While brief, this report is designed to cover all of the major events that drove the markets that day and help you plan for the trading day ahead.

Trading Justice Episode 327: The Boomerang Trade

In this episode of the Trading Justice Podcast, Coach Mark Justice teaches his approach to a cash flow strategy called the Boomerang Trade which consists of selling naked puts and then covered calls in a cycle of cash flow. Listen to the episode on the player below.

Financial freedom is a journey

The Tackle Today series is brought to you by Tackle Trading.

Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.

# Sign up now for a 15-DAY FREE TRIAL #

Legal Disclaimer

Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis. This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise. Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products. By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials. In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.

All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.