Back to top

Real Time Insight

After a 6 month non-stop bull rally, stocks have peaked at just below 1700. Since then we have had a successful retest of 1600 and the 50 day moving average. Now stocks are floating higher in the range. 

So what will it take for stocks to breakout of this range? 

Take your pick of the following options. 

1) Stocks breakout higher after another strong earnings season or positive economic event (ex. strong jobs report, GDP etc). 

2) Stocks breakout higher with no fresh catalyst. Simply with no real bad news to hold them back, stocks clear 1700 as the bull rally continues.

3) Weak economic news hammers stocks as they go below 1600.

4) Stocks are overbought right now and it will not take any real catalyst to fall below 1600.

5) Other, please explain. 

Now it's your turn. How will things turn out and be sure to share the reasons why that you think that will be the case. 

Zacks Releases Their 7 Best Stocks for August, 2014

These 7 were hand-picked from the list of 220 Zacks Rank #1 Strong Buys with earnings estimate revisions that are sweeping upward. Their stock prices are expected to rise sooner than the others.

Today, this Special Report is available to new Zacks.com visitors free of charge.

Close This Panel X

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

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
RPC INC RES 24.91 +8.35%
LITHIA MOTO… LAD 94.59 +4.60%
DELTA AIR L… DAL 39.15 +3.90%
FLAMEL TECH… FLML 14.51 +3.50%
SOUTHWEST A… LUV 28.87 +2.92%