Dogs of the Dow: the most active tickers on the market

The Dogs of the Dow strategy has been around for a while. It is where investors pick the 10 stocks with the highest dividend yield in the Dow Jones Industrial Average and invest equally in each for the duration of the following year. They are high yielding, they are dogs, i.e. The investors were out of favor with it. It was popularized in the 1991 book Beating the Dow by Michael O Higgins.

It wasn't the right strategy for 2021, when the Dogs generated a 16% return, underperforming the 21% rise for the Dow Jones Industrial Average DJIA and the 29% rise for the S&P 500 index SPX. The dogs have returned 1%, outperforming their non-canine Dow counterparts that have dropped 6% and the S&P 500 by 9%. An investor can get similar returns without any risk, and that is when they can go to cash.

Jake Gordon, an analyst at Bespoke Investment Group, said that this year has marked the widest gap between the Dogs and the broad Dow 30 through the first 18 trading days of the year.

Apple AAPL, rose 4% in premarket trade reported fiscal first-quarter earnings and sales well ahead of estimates, as CEO Tim Cook told The Wall Street Journal that it expected revenue in the current quarter to grow. What are the opinions of analysts about Apple.

Robinhood Markets HOOD, slumped 14% in the premarket after the online broker's results disappointed investors. Robinhood shares have dropped 85% from their August peak.

One Dog of the Dow, Chevron, fell as the oil major missed earnings estimates.

There is a crowded slate of economic data, with the personal income data which includes the personal-consumption expenditures price index at 8: 30 a.m. Eastern, along with the employment cost index, and the final reading of the University of Michigan's consumer-sentiment index due at 10 a.m.

A mixed start, judging by stock futures, with the S&P 500 ES 00 contract lower and the Nasdaq 100 NQ 00 contract higher.

The yield on the 10 year Treasury TMUBMUSD 10 Y was 1.84%.

Here are the most active tickers on MarketWatch as of 6 a.m. Eastern.

Watch CNBC s Jim Cramer douse an ARK with some Sark to make an exchange-traded fund metaphor.

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The emailed version will be sent at around 7: 30 a.m. Eastern.