Pfizer was up by 29 cents today - from $17.28 to $17.57. A 1.7% move is pretty nice when on balance the market was flat.
Over the last six years, the average pre-dividend rally has been 2.8 times the amount of the quarterly dividend which in this case would be 50 cents a share. Already we have seen 29 cents of that expected 50 or so.
Remember, every time the price goes up 5 cents during the day, THAT is JFM buying. When it goes down 5 cents during the day, THAT is negative window dressing. You MUST look at each of these separately and not just lump ups and downs together. On the surface it may APPEAR that the stock has not gone up, but with a little deep thinking by one sherlock holmes, you realize just what is REALLY happening.