Stocks have been showing real strength throughout this earnings season, and it does look like the bulls want to make a run at 1000 for the S&P 500.
All along, I have said stocks would end the year somewhere around that level, though I was thinking we would see one more major dip first. That still remains a distinct possibility, especially with forecasts of Dow 14,000 starting to hit Yahoo Finance.
But for now, I suggest taking a wait-and-see approach. If you’re a Dividend Superstars subscriber, your core stocks are piling up gains now. So there’s no need to go whole hog on a ton of new positions just yet.
Related posts:
- Interesting Article on Investor Expectations Are investors setting themselves up for disappointment? Sure seems that way … http://finance.yahoo.com/retirement/article/108608/why-many-investors-keep-fooling-themselves?mod=retire-planning Something I continually stress in Dividend Superstars...
- The solution to government waste … It’s … Wait for it … Wait for it … To form a governmental oversight committee on the matter! http://finance.yahoo.com/news/Obama-to-announce-plans-to-apf-2226973376.html?x=0&sec=topStories&pos=8&asset=&ccode=...
- Want Value in Today’s Market? Look here … Here’s an interesting Money magazine article about finding value in today’s market … You’ll notice that it reinforces much of what...
{ 2 comments… read them below or add one }
How is one to believe what we are reading when it comes to earnings,sales, expenses…
The SEC is ineffective or perhaps colluding with all of the data a rational investor uses to make investment decisions. I don’t believe any turn around is hear or near. China is the next big lie to come into the light. All this talk of expansion… sales it is all B.S. I believe the only thing the govt. has left is lies and deception. The stock market is a scam. No over sight or penalties for ” modern accounting praticies” ie fraud! The SEC needs cleaned up the Fed needs a full I repeat full audit. Untill that happens the stock market is a suckers game. Reports cannot be trusted.
what are the core stocks we should own