Back to top

Free: Subscribe to Profit from the Pros

Zacks' Bull Stock of the Day, morning market e-briefing, strategies for picking the best stocks, funds, ETFs, and options plus more.

Join 500,000+ investors in-the-know.

Privacy Policy


View the PFP Archive

Will 1600 Hold?

Stocks blasted above 1600 on a strong monthly jobs report. Not only was this month above expectations, but even more impressive, last month was revised higher by 50,000 jobs. This had stocks off to the races.

I know it is hard to fathom how a higher than normal 7.5% unemployment rate translates into stocks reaching record highs. That boils down to the following:

1) The direction of the economy is more important than the absolute strength of the economy. It has been improving for 4 years and that creates a positive investment environment.

2) Don't Fight the Fed: QE has effectively pushed down bond rates to levels that make all other forms of investment more attractive. Namely real estate and stocks.

These are the trends that matter. It doesn't mean that stocks will go up every day or week or month. And yes, this bull may tire soon. But with the evidence in hand, then I will not be selling this May. Nor will I be walking away. I am here for the stay.

Featured Commentaries:

•  Base Metal ETFs Soar on Strong Data

•  Top 5 Zacks #1 Ranked Putnam Funds

•  Why is Life Insurance Important When You are Married?

•  Realistic Retirement Budgeting


Steve Reitmeister

Executive VP -

Zacks Investment Research

Follow Us:  


Why Haven't You Looked at Zacks' Top Stocks?

Just press a button and PRESTO - out pops the list of stocks from a market-beating strategy. In fact, since 2001, one screen has averaged a yearly gain of +67.4%. Even during 2008, while the market plunged -37.0%, those picks were up +15.3%.

Investors marvel that it's "like a license to print money." "No benchmark stands a chance!" Why wait another day?

See the latest picks free>>

Bull & Bear of the Day

Zacks Rank #1 Strong Buy

Private Bancorp (PVTB)

You won't lose interest in this top ranked banking stock, as growth and earnings estimates are both increasing.


Zacks Rank #5 Strong Sell

Pan American Silver (PAAS)

The shine is gone from this low rated stock as silver prices have been weak and earnings estimates decline.

Stock Picking Strategies

The Megaphone Chart Pattern  ››

4 Big Winners from this Earnings Season  ››

Q1 Earnings Season in Final Stretch  ››

Funds Commentary

Top 5 Zacks #1 Ranked Healthcare Mutual Funds  ››

Is This China ETF About To Surge?  ››

First Trust Launches Senior Loan ETF  ››

Options Strategies

Winning With Option Volatility  ››

Video Reports

Market Focuses on Macros

Zacks experts weigh in on the slew of macro data out this week and which might steal the show.

Revenue Weakness Stands Out in Q1 Earnings Season

The earnings performance isn't that different from what we have been seeing in recent quarters, but revenues are weak.

Roundtable Top Picks for the Week of Apr. 29th

Ideas for Insurance, Paper Products and eCommerce. Opportunities covered include SPDR S&P Insurance ETF (KIE), RockTenn (RKT) and (OSTK).


Start Every Day Ahead of Wall Street

Before you make a trade, get today's market news from Zacks' latest Ahead of Wall Street article. With timely information from Zacks analysts, each daily article features a preview of where the market is headed. Plus, Bull and Bear stocks of the day, Zacks #1s on the move, stock research reports, earnings and economic news, and a top-headline analyst blog. All of it in one easy-to-follow place to give you the edge.

Get the latest news>>

Manage Your Newsletter Subscriptions

Update Preferences         Update Your Profile         Unsubscribe         Feedback         Send to a Friend

This free resource is being sent by 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.

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 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 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

Zacks Investment Research, Inc.
111 N. Canal St., Suite 1101
Chicago, Illinois 60606