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
Q2 Starts with a Thud

I'm going to give you a quick market update today because I want to turn your attention to a breakthrough that will greatly benefit this service going forward.

Stocks started the 2nd quarter probing to new highs. Then at 10am ET the ISM Manufacturing survey disappointed investors with a 51.3 showing versus 54.0 expectations. From that point forward investors quickly snatched some profits out of the market.

I wouldn't sweat that report so much. Why? First, because 51.3 is still expansionary and thus good for the economy. Second, the PMI Manufacturing Index, also released Monday morning, shows an acceleration to 54.6. So ISM could be giving a false read. Lastly, manufacturing is about 1/5th the size of the services component of the US economy. And the services sector is quite healthy.

The key for the next leg of the market will rest on the jobs data later this week. Gladly this is an area showing renewed strength. So keep your eyes on the ADP Report on Wednesday followed by the Government Employment Situation on Friday.

Featured Commentaries:

•  Searching For Answers (A Look at Search Engine Stocks)

•  Time for Large Caps?

•  Top 5 Zacks #1 Ranked Federated Mutual Funds

•  Can I Not Pay Federal Taxes for a Few Months?

•  Can I Shift After-Tax Funds From My 401(k) to a Roth IRA?

Best,

Steve Reitmeister

Executive VP - Zacks.com

Zacks Investment Research

Follow Us:  

Sponsor

Urgent Warning: Sell These 13 Danger Stocks Now

This is my biggest prediction yet for 2013. If you own any of these 13 big-name stocks, I can't warn you enough. These stocks have serious problems lurking under the surface and you must dump them immediately!

I reveal the names in my FREE eye-opening report, available only for a limited time.

Click here for FREE instant access to this urgent bulletin.

Bull & Bear of the Day

Zacks Rank #1 Strong Buy

Whirlpool (WHR)

A top rank and a strong economic backdrop in housing make this a Whirlpool you don't want to get out of.

 

Zacks Rank #5 Strong Sell

Rentech Nitrogen (RNF)

This fertilizer maker is starting to stink thanks to high input costs which threaten to eat into its bottom line.


Stock Picking Strategies

Top Stocks with Big Potential Catch-Up Moves  ››

"Buy Low, Sell High" is a Lie  ››

Ahead of Wall Street  ››


Funds Commentary

Top 5 Zacks #1 Ranked Energy Mutual Funds  ››

Time to Buy the Australian Dollar ETF?  ››

Inside the Surging Mexico ETF  ››


Options Strategies

Why Some Have More ‘Luck’ in Options Than Others  ››


Video Reports

Institutional Buying

Aggressive growth stocks seeing institutional buying discussed by Brian Bolan, Corrections Corp (CXW) and Trulia (TRLA).

Spring Correction Coming? No Signs Yet

Bullish trends are still intact and dips will likely be bought.

This Week's Growth & Income Stocks: (EXR) (EV)

Growth & Income Stock Strategist, Todd Bunton, highlights Extra Space Storage (EXR) and Eaton Vance (EV) on March 27, 2013.

Sponsor

Increase Investment Returns with Free Zacks' Portfolio Tracker

Follow your investments easily in one place. Get free email updates that alert you to major events affecting your stocks and funds, including time recommendation changes, earnings announcements and, most importantly, earnings estimate revisions.

Click to Learn More>>


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