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Why Hit New Highs on Tuesday?

Sometimes when there is no good reason for stocks to go down, then they just go up instead. That certainly was the case on Tuesday as there was no fresh news to act as a catalyst for the +1% gain.

The rest of the week does have a smattering of important economic reports which could further bolster the markets advance. Or if truly negative, then finally initiate a correction.

Wednesday: Empire State Mfg, Industrial Production

Thursday: Jobless Claims, Housing Starts, Philly Fed

Friday: Consumer Sentiment

Until proven otherwise the smart money is betting on higher share prices. You should too.

Featured Commentaries:

•  Top Rated Zacks Rank Sectors

•  Anatomy of Success: National Retail Properties

•  The Best ETF to Play Japan's Surge

•  This Week's Top Value Stocks


Steve Reitmeister

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Zacks Investment Research

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Bull & Bear of the Day

Zacks Rank #1 Strong Buy


With strong earnings momentum and very reasonable valuation, this stock could be a great match for your portfolio.


Zacks Rank #5 Strong Sell

Rackspace Hosting (RAX)

With declining earnings estimates and premium valuation, are more dark clouds ahead for this cloud computing company?

Stock Picking Strategies

3 Arguments for Buying the Dips  ››

Double-Down on These Gaming Stocks  ››

Spotlight on Market and FED Exit Plan  ››

Funds Commentary

Top 5 Zacks #1 Ranked High Yield Mutual Funds  ››

Cambria Launches Shareholder Yield ETF (SYLD)  ››

Defensive Sector ETFs Leading the Market  ››

Options Strategies

Options Strategies: Intrinsic Value and Time Value  ››

Video Reports

This Week's Value Stock Picks: (ICON) (OME)- May 14, 2013

Value stock strategist, Tracey Ryniec, discusses Iconix Brand Group (ICON) and Omega Protein (OME).

Roundtable Top Picks for the Week of May 13th

Ideas for Home Furnishings, Retail Entertainment and Media. Stocks covered include Conn's Inc. (CONN), Fortune Brands Home & Security (FBHS) and Walt Disney Co. (DIS).

Record Earnings in Q1 Despite Weak Revenues

Let's try to make sense of how earnings could be in record territory when top-lines are so weak.


What's Today's Top Rated Mutual Fund?

Use the Zacks Mutual Fund Rank, a quantitative ratings system designed to help you find the best funds to beat the market. See which ones to buy, which to sell and track your favorite mutual fund family.

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