Back to top

View the PFP Archive

ZACKS
By Jove, I Think They've Got It!

Recently strong economic activity has been met with lower stock prices because it meant the QE taper is coming sooner rather than later. Now we all know the taper is on the way. And so we can get back to a more NORMAL reaction to positive economic news as we did with Thursday's gains.

In particular, I am talking about Q2 GDP being revised up from 1.7% to 2.5%. That's a big deal. Also we got another printing of the weekly Jobless Claims under 350K which bodes well for another month of 150-200K jobs added. That will hopefully be on display next week when the key employment reports come out.

With Syria, the debt limit and a new Fed chair still unknowns, the market may not roar higher just yet. That is why choppy, range bound activity is likely in the offing. But beyond this period of uncertainly lies greater odds for stocks to move higher.

I am 100% long in preparation for whenever other investors want join me in this logical conclusion.

Featured Commentaries:

•  Making Money in a Choppy Market

•  This Week's Aggressive Growth Stocks

•  Railroad Industry Stock Outlook - Aug/Sep 2013

•  Zacks #1 Ranked China Funds

Best,

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

Executive Vice President

Zacks Investment Research

Follow Us:  

Please login to Zacks.com or register to post a comment.

Sponsor

Find Your Own #1 Stocks

Starting today, you can master the nearly market-tripling Zacks Rank stock-picking system in the easiest way possible. Learn to make money no matter which way the market heads. No classes. No seminars. No need to wait for winning stock picks - simply roll up your sleeves and find them yourself.

Act Today, August 30, and you will also receive a hardbound copy of Finding #1 Stocks by Kevin Matras free of charge.

Get your free book now>>>

Bull & Bear of the Day

Zacks Rank #1

Magna Intl (MGA)

The auto industry is operating at full throttle.

 

Zacks Rank #5

Hibbett Sports (HIBB)

This sporting good retailer is struggling at the plate.


Stock Picking Strategies

5 Stocks Posting Their First Profit  ››

S&P Path of Least Resistance = Lower  ››

The #1 Trading Strategy for Today's Market  ››


Funds Commentary

The 5 Highest Yielding Zacks #1 Ranked High Yield Bond Mutual Funds  ››

Indonesia ETFs Surge on Surprise Rate Hike  ››

Oil ETFs Jump on Syria Turmoil  ››


Options Strategies

Calendar Call Spread: A Neutral to Bullish Strategy  ››


Video Reports

Silver ETFs: Can the Surge Continue? SLV, SIVR

Silver prices have jumped on renewed demand from the industrial sector.

September Market Hurdles

Zacks strategists weigh in on what the main market influencers will be for the new trading month.

This Week's Growth & Income Stocks: (HD) (EWBC)

Growth & Income Stock Strategist, Todd Bunton, highlights Home Depot (HD) and East West Bancorp (EWBC) on August 28, 2013.

Earnings HQ

Today's Noteworthy Earnings Before the Bell:   ››  BIGYGESOL

Today's Noteworthy Earnings After the Bell:   ››  No Significant Releases. Check calendar for specifics.

Get the First Calendar Made for Traders.

Visit the Zacks Earnings Calendar

Recent Earnings Winners

Company Symbol Reported Surprise %Price Chg
METHODE ELECTRS INC MEI Aug 29 +0.36% +32.50%
K12 INC LRN Aug 29 +0.06% +11.23%
PACIFIC SUNWEAR OF CA INC PSUN Aug 29 +0.02% +10.73%
SHILOH INDUSTRIES INC SHLO Aug 29 +0.31% +8.41%
CONTROL4 CORP CTRL Aug 29 +0.04% +6.06%

See All »

Best Earnings ESP Stocks  

Company Symbol Consensus
Est.
Most
Accurate Est.
Reports Zacks Rank ESP
UTD NATURAL FDS UNFI 0.60 0.62 Sep 10 2 +3.33
COOPER COS COO 1.70 1.72 Sep 5 2 +1.18
DOLLAR GENERAL DG 0.74 0.75 Sep 4 2 +1.35
CONNS INC CONN 0.60 0.62 Sep 5 2 +3.33
GOLAR LNG PARTN GMLP 0.60 0.61 Aug 29 2 +1.67
Don't trade these stocks until you have read the Zacks ESP Guide

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