You are being directed to ZacksTrade, a division of Zacks & Company and licensed broker-dealer. ZacksTrade and Zacks.com are separate but affiliated companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Tuesday was another day when most investment news outlets seemed out of sync with each other. That is because there is no clear cause and effect that would lead to the 1% decline of US stocks.
I am not saying they won't try and make some kind of explanation... like pinning it on QE or the Japanese. However, how is that story truly different than the end of last week when stocks rallied over 2% in 2 sessions???
What does it all mean Reity?
Forgive me for repeating myself, but welcome to the range bound market. That is because stocks have already rallied mightily to a point where bullish and bearish interests are balanced. Now they will wrestle for supremacy.
As we get lower in the range towards 1600, Bulls will take the upper hand. Then as we climb towards the highs at 1687, then the Bears will assume control.
In the end, I expect the bulls to win out as there is no reason to assume the 4 year bull rally is over yet. Trade accordingly.
Others pay thousands of dollars to see such privileged, sensitive information. Yet, we have arranged for you to receive weekly highlights with the Best of Our Best at a tiny fraction of the cost.
Steve Reitmeister, who heads up all of Zacks' portfolio recommendation services, knows which expert has the hottest hand and when a compelling trade is about to be triggered. Then he will confide to you a very tight selection of our best moves and insights.
Kevin Matras shows how to find winning stock picking ideas in the government's economic reports, especially the recent Employment Situation report. Highlighted stocks include RPXC, PII, AN, LOPE and ACHC.
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.
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.
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.
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 email@example.com.