The performance of dividend-paying stocks has more to do with the fundamentals in their industries.

Searching for diversified yields, both in and outside the U.S., is the way to go. Many investors have discovered this.

Investors could get in trouble in the search for yields by buying a stock that has a high yield only because the stock price is going down.

Technology is either beloved or beleaguered, if you've noticed over the last several years. It's just a leadership group. And so when they're beloved, everybody thinks we need to buy them. When they're beleaguered, everybody thinks we need to sell. I think technology is one of the big huge piece of our economy and will continue to be a big piece of the economy in the S&P.

The expectation was that first-quarter earnings and commentary would show us that conditions are bad, but with the exception of a few high-profile disappointments, the commentary has been mild to better.

Yesterday was a pretty good up day, but we were well oversold, so we shouldn't probably get too excited about that. This is just the beginning of the heavy earnings results from the third quarter, and from everything we're seeing so far, the results are pretty mixed, but guidance in general is kind of cautious for the fourth quarter.