Back to top

Free: Subscribe to Profit from the Pros.

X

Get Zacks Bull & Bear of the Day, fresh market insights, and much more. No cost. No credit card. No catch.

 

Privacy Policy

View the PFP Archive

ZACKS
Breakeven is Better Than...

...Down.

That is the lesson from Wednesday's breakeven showing for US stocks. Even better is that shares were actually down a good spot early in the session before rising to the second highest close since the Great Recession.

What it tells you is that investors canít find many good reasons to sell stocks. Even when they have rallied almost continuously for the last 3 months. The natural outcome of shares not wanting to go down is that they will probably keep heading higher.

1500 is becoming solid support. Next stop is likely the all-time highs at 1565. At that time I suspect stocks will be ready to rest.

If you are regular readers of this column then you likely agree with this bullish view. But even those who are skeptical should read this latest article that will help you set up your next trades.

What You Need to Know about Your Stocks

Best,

Steve Reitmeister

Executive VP - Zacks.com

Zacks Investment Research

Follow Us:  

Sponsor

Why Haven't You Looked at Zacks' Top Stocks?

Just press a button and PRESTO Ė out pops the list of stocks from a market-beating strategy. In fact, since 2001, one screen has averaged a yearly gain of +67.4%. Even during 2008, while the market plunged -37.0%, those picks were up +15.3%.

Investors marvel that it's "like a license to print money." "No benchmark stands a chance!" Why wait another day?

See the latest picks free>>

Bull & Bear of the Day

Zacks Rank #1 Strong Buy

Herbalife (HLF)

This battle ground stock could be the mother of all short squeezes.

 

Zacks Rank #5 Strong Sell

Corinthian Colleges (COCO)

A shift in the for profit education landscape has impacted COCO.


Stock Picking Strategies

Explosive Stocks Under $10  ››

5 Windows on the Market  ››

Ahead of Wall Street  ››


Funds Commentary

Top 5 Zacks #1 Ranked Small-Cap Mutual Funds  ››

Pump Profits with This Gasoline ETF  ››

Palladium and Platinum ETFs to Soar?  ››


Options Strategies

Intrinsic Value and Time Value  ››


Video Reports

Top Dividend ETFs for 2013 (VIG, SCHD)

These ETFs focus on high-quality, low-risk companies that have solid growth potential.

Aggressive Growth Stock Picks for 2/6/13

Scotts Miracle Grow (SMG) and Big 5 Sporting Goods (BGFV) as discussed by Brian Bolan.

Market Is High On Momentum

Find out why our strategists feel momentum is a component to this market rally.

Sponsor

Start Every Day Ahead of Wall Street

Before you make a trade, get today's market news from Zacks' latest Ahead of Wall Street article. With timely information from Zacks' analysts, each daily article features a preview of where the market is headed. Plus, Bull and Bear stocks of the day, Zacks #1s on the move, stock research reports, earnings and economic news, and a top-headline analyst blog. All of it in one easy-to-follow place to give you the edge.

Get the latest news>>


Manage Your Newsletter Subscriptions

Update Preferences         Update Your Profile         Unsubscribe         Feedback         Send to a Friend
 

This free resource is being sent by Zacks.com to our subscribers. We look for investment resources and inform you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable.

All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, brokerage, market making or asset management activities of any securities. Visit www.zacks.com/performance for information about the performance numbers displayed in this press release.

Zacks Emails

If you would prefer to not receive future profit-producing emails from Zacks.com the primary purpose of which is the commercial advertisement or promotion of a commercial product or service, then please click here and confirm your request. If you have trouble with the unsubscribe link, please email support@zacks.com.

Zacks Investment Research, Inc.
111 N. Canal St., Suite 1101
Chicago, Illinois 60606