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Like a Moth to a Flame

Stocks ended the week on a high note at 1518. That is a scant 3% away from the all-time highs at 1565.

Will we make it there soon?

Momentum is strong. It's almost like 1565 must be touched. The same way a moth must touch a flame. It's just too mesmerizing.

If you take that analogy further, then yes, the moth (or investors) may recoil for a while afterwards. Yet their fascination will return.

Stay long with 1565 in your sights.

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Steve Reitmeister

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Zacks Investment Research

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Bull & Bear of the Day

Zacks Rank #1 Strong Buy

CoreLogic (CLGX)

CoreLogic will continue to benefit from the current mortgage refinancing boom.


Zacks Rank #5 Strong Sell

Bebe Stores (BEBE)

This fashion retailer is unlikely to see better days anytime soon.

Stock Picking Strategies

Explosive Stocks Under $10  ››

Caution Flag for Bull Momentum  ››

4 Stocks To Play The Global Travel Boom  ››

Funds Commentary

Highest Yielding Zacks #1 Ranked Mutual Funds  ››

Top Ranked Telecom ETF in Focus: VOX  ››

India ETFs Slump on Weak GDP Forecast  ››

Options Strategies

Buying Puts to Protect Profits & Hedge Risk  ››

Video Reports

Is This Expansion Still On Track?

The Latest GDP Forecasts Don't Look to be a Fresh Source of Worry

This Week?s Growth & Income Stocks (EVR) and (FL)

Growth & Income Stock Strategist, Todd Bunton, highlights Evercore Partners (EVR) and Foot Locker (FL).

Caution Flag for Bull Momentum

Looking at the technical and fundamental headwinds before S&P can launch assault on 1550.


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