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Zacks #1 Stocks on the Move 04/15/2014

Company Name Symbol %Change
GENERAL MOLY GMO
10.20%
ENERNOC INC ENOC
8.62%
GENERAL FINA GFN
5.67%
ODYSSEY MARI OMEX
5.50%
QIHOO 360 TE QIHU
4.38%

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ZACKS
The Future for Stocks

Stocks are riding a 4 day winning streak to a close at 1652 on Tuesday. And looking back to the recent lows on June 24th the stock market is up a healthy +5.9%.

But Reity, how does it look going forward?

We are only about 2% away from the all-time high of 1687 set in late May. Certainly it seems we are on course for that level and likely up to 1700. However, I sense that point will offer the next gut check for investors with a likely extended consolidation period to follow.

Traders may want to take some profits there and then reload with a likely year-end target between 1750 and 1800.

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Best,

Steve Reitmeister (aka Reity...pronounced "Righty")

Executive Vice President

Zacks Investment Research

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Funds Commentary

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Options Strategies

Profiting With Straddles This Earnings Season  ››


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