The Dividend Daily

The market continues to trade with a manic personality. The volatility, spikes, dips, and plain old reactions to each and every news blip is making many that have been in the investment business for many years question how they should be maneuvering in such an environment. We are continuing to make adjustments as we see fit, and will certainly not hesitate to trim some the “Best Dividend Stocks” list down as we have been doing recently.

Volume for today was fairly disappointing considering the 200 point rally in the Dow and 50 point move in the NASDAQ. We finished with 4.85 Billion shares traded on the NYSE and 2.07 Billion shares traded over on the NASDAQ. Dividend earnings winners from today include, World Wrestling Entertainment (WWE), Microchip Technology (MCHP), CenturyTel (CTL) and Qualcomm (QCOM). Dividend plays that disappointed investors with their results include Prudential (PRU), CVS Caremark (CVS), Allstate (ALL) and Murphy Oil (MUR).

Monthly retail sales figures were out for many retailers. Among today’s dividend winners in that sector were names like Abercrombie & Fitch (ANF), Dollar Tree (DLTR) and Gap, Inc. (GPS). Retailers that came in below what analysts had expected included Buckle Inc. (BKE), American Eagle Outfitters (AEO) and J.C. Penney (JCP).

We removed a dividend stock from our “recommended” list earlier today on some disappointing earnings news. Be sure to check out that post if you did not read the e-mail alert we sent out earlier today.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.