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Zacks #1 Stocks on the Move 06/19/2013

Company Name Symbol %Change
SONIC FOUNDR SOFO
4.40%
SUPPORT.COM SPRT
3.75%
UNISYS UIS
3.31%
SHORETEL INC SHOR
3.22%
GREEN MTN CO GMCR
3.13%
Zacks ZACKS.COM
PROFIT from the PROS

Tactics that Work in Good Markets and Bad
 
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European Debt: Day of Reckoning

Stocks joyously rallied the last few weeks buoyed by a growing belief that European leaders were moving towards a comprehensive debt solution. That solution is supposed to be on display Wednesday. Yet activities from Tuesday cast grave doubt on whether a meaningful plan will be forthcoming. With that stocks sold off awaiting what will unfold on Wednesday.

Option 1: No deal is announced and they postpone til some future date. Likely outcome = stocks tumble.

Option 2: Half-hearted compromise struck in the 11th hour (kind of like our early August debt ceiling deal in the States). Likely outcome = stocks tumble given concerns that it’s not enough to contain the problem.

Option 3: Comprehensive deal is unveiled to the delight of investors. Likely outcome = stocks jolt higher. And in time press above the 200 day moving average. May even attempt run at 2011 highs.

We'll know the answer soon enough.

Now I want to share with you a review of Len Zacks' new book as shared by a reader on Amazon.com.

"Great book! Has some of the brightest minds in investment research as contributors. How did Zacks pull that off?

Since this book contains a comprehensive list of anomalies, every investor needs to read this book to build a foundation for investment ideas. This book can even help professional/institutional investors generate ideas. Personally, I've found the handbook useful in adding new ideas to my current process.

I kind of feel like the cat is now out of the bag though."


Discover Len's New Book on Amazon.com

Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

 

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Today's Top Stories: Wednesday- October 26, 2011

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NEW ZACKS VIDEOS:

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Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

p.s. What is the mission for Zacks Profit from the Pros? To find out how we will help you become a more successful investor, click here.

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