Market Wrap-Up for July 17 (STT, KO, MOS, MAT, MTB, more)

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The markets weren't enthralled early on by this morning's commentary from Federal Reserve chairman Ben Bernanke, who once again repeated the Fed is prepared to take whatever means possible to keep the economy from coming off the tracks. However that early concern faded by midday as the likelihood of further bailouts were back on the table.

As for stock-related headlines, earnings were driving some of the action as well. Some names not faring as well included transport play J.B. Hunt ( JBHT ), State Street Corp ( STT ), and uniform provider Cintas Corp ( CTAS ). On the flipside, there were some earnings plays bucking the early selling, including Mattel ( MAT ), M&T Bank ( MTB ), Coca-Cola ( KO ), and Mosaic ( MOS ), which announced a doubling of their annual dividend payout. Again, Mosaic is in the commodity space (fertilizer play) so the dividend payouts can be much more volatile and not as consistent as other sectors we follow.

Check Your Time Frame Gauge

Whenever the market sprinkles in a bit of volatility (which is more often than we like), investors tend to get panicky. Unfortunately, even seasoned dividend investors fall prey to the effects of big intraday moves.

When it comes to making money over the long-term, the "instant results" generation is at a huge disadvantage. Thanks to the mainstream business media, most of the focus today is on checking your financial scoreboard several times per day. As a result, many modern market watchers are more like gamblers than real investors. It's gotten to the point where most people will simply ask "What did the market do today?" to get a gauge on their current wealth status.

It is not surprising to see the occasional free trial user of our Dividend.com Premium service reach out to us after just a couple of days into their 14-day free no obligation ( no credit card required) to let us know they didn't get anything out of our service, and want to cancel immediately. You can be certain that most of these folks are better situated with the fast money crowd. They'll see results, all right, but probably not the kind they were expecting. As I've repeated time and time again, the vast majority of all short-term traders lose money.

Our Dividend.com Premium service is pretty unique in the stock world. Our focus is on long-term results, not short-term trading. Our recommendations are made very carefully and thoughtfully, and we're not afraid to tell subscribers when we believe the market has run a bit too far. The feedback we've received from our subscribers has been tremendous, and we thank those subscribers who've shared the story of their successes with us.

So if you or someone you know is frequently caught up in the manic daily market headlines, take a step back. Remember that dividend investing is the most prudent, proven way to make money in the stock market. As long as you stay the course and put money to work consistently, you'll outperform nearly every short-term trader over the long term.

Income, Income, Income

At Dividend.com, we maintain our focus on the best income-producing investments the markets have to offer during time of heightened volatility. We want to make sure we have only the most pullback-resistant names on our Best Dividend Stocks List . Also, if we see the market putting in what looks like a decent bottom, we will be prepared to scale up the list of stocks we like. Stay tuned and be sure to look for Dividend.com Premium member alerts along the way. Don't count on the government or your employer to set you up for a remarkable retirement. Take control, do your own research, and achieve your goals yourself!

Go Beyond This Newsletter

We know many of you enjoy reading the daily newsletter, but remember that with our Dividend.com Premium service, the newsletter is just one small component of what we offer. Here are the "Big Three" benefits of our Premium service:

- The Best Dividend Stocks List is used by tens of thousands of investors to help build their own portfolios.

- Creating your own Watchlist allows you to track the performance, news, and upcoming dividend payouts of the particular stocks you care about.

- Finally, we offer the most complete and easy-to-use dividend data on the web. Many subscribers use this data as part of a "Dividend Capture" trading strategy, but long-term investors can use it to keep track of impending payouts. Just visit our Ex-Dividend Calendar for a complete outlook on which companies will be paying out soon.

We don't ask for a credit card to use our free trial, and we don't bill you when your trial ends. No obligation whatsoever! So keep enjoying the newsletter, but please give Dividend.com Premium a shot if you haven't already subscribed!

Thanks for reading everybody. I'll see you tomorrow!

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



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Created by Dividend.com


This article appears in: Investing , Stocks

Referenced Stocks: CTAS , JBHT , KO , MAT , MOS

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