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...
- Follow-up on Complainers … I just dug up the link to the WSJ story I was talking about. Here it is … http://finance.yahoo.com/career-work/article/108129/life-on-severance-comfort-then-crisis.html;_ylt=Ape3KGI07UTdjjK..2rpffT6BK1_;_ylu=X3oDMTEyaHRyOXF1BHBvcwM4BHNlYwNhcnRpY2xlBHNsawN3ZXdlcmVzdHVwaWQ-?mod=career-salary_negotiation Separately,...
- Berkshire Hathaway Is Now “Optionable” I have written a lot about Warren Buffett’s Berkshire Hathaway, including details on the company’s own options positions. And in...
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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.