The Dividend Daily

The market had been pulling back some today, but further allocations into equities out of bonds could have been part of the reason for the late-day lift. The start of the year has been strong for the most part, but pullbacks are to be expected in any healthy market as well. With plenty of earnings out next week, we’ll likely see more investors shuffling their portfolios around. Just a reminder, markets are closed Monday for the Martin Luther King holiday.

As for earnings today, investors liked the results from companies such as State Street (STT), Morgan Stanley (MS), General Electric (GE), and Schlumberger (SLB). On the flip side, investors were selling stocks like Intel Corp (INTC), American Express (AXP), and Capital One Financial (COF). The weakness in the credit card-focused names did carry over a tad to processing giants Visa (V) and Mastercard (MA).

Always Be Prepared to Make Adjustments

Similar to great football coaches who make in-game adjustments to improve their teams’ performance, investors must always be flexible and ready to make portfolio changes when times dictate. You’ve probably noticed we’ve shuffled some names in and out of our Recommended list in the past couple of days here at Dividend.com. These changes were made after we carefully crunched a whole bunch of data at the beginning of the year.

As much as we would love to keep the same opinion on stocks we have liked for a considerable amount of time, fundamentals will sometimes come into play, and names we may have liked for a while need to take a breather or possibly be sold in rare cases.

Do you know what makes a great scientist? It’s their ability to shift their point of view when better evidence emerges. As investors, we should take the same approach when analyzing our investment strategies in our overall pursuit of financial well-being.

Two Dividend Stocks Removed from Recommended List

We removed two new names from our recommended list this morning, so be sure to check out this post if you missed the alert we sent out to Premium members earlier.

Looking Toward Next Week

Looking ahead to the next week for stocks, we will get a slew of earnings from across many sectors, with companies like Starbucks (SBUX), 3M (MMM), Procter & Gamble (T), Lockheed Martin (LMT), Apple (AAPL) reporting results.

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