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

New Breakout Underway?

The 50 day moving average stands at 1619. Stocks flickered above momentarily Thursday, but in the end couldn't handle the heat. This makes six straight sessions below the bar.

Note that on a fundamental basis stocks should be well above given recent economic strength. Also consider this equation:

Less QE = higher bond rates = bond fund losses = stocks more attractive.

Unfortunately far too many investors got this equation wrong the past few weeks. Now they are starting to react properly to the improving economic picture including today's positive Personal Income & Outlays report which maps over to another quarter of solid GDP activity.

The odds are increasing that we will get back above the 50 day soon. Perhaps not on this first effort, but by the 2nd or 3rd attempt. So look for a day in the near future with prices falling back towards 1600 and then buy in for the likely resumption of the long term bull rally.

Featured Commentaries:

•  3 ETFs to Buy for Obama's Climate Change Plan

•  This Week's Growth & Income Stocks

•  Zacks #1 Ranked Energy Mutual Funds

•  Profiting from an Iron Condor in an Uncertain Market


Steve Reitmeister (aka Reity...pronounced "Righty")

Executive Vice President

Zacks Investment Research

Follow Us:  

Please login to or register to post a comment.


All Zacks' Private Buys & Sells. $1.

Today you can take advantage of the offer that has stood the investment research industry on its head. See all of our real-time moves. One month. One dollar. Not one cent of obligation. Bolster your portfolio with the best short-term trades and long-term investments no matter what the market is doing. Some are so exclusive they've been closed to new investors. Note: This opportunity may be withdrawn at any time.

See our latest stocks today>>

Bull & Bear of the Day

Zacks Rank #1 Strong Buy

Ryland (RYL)

Do you have to be crazy to buy the homebuilders now? The housing recovery is only just picking up steam.


Zacks Rank #5 Strong Sell

Titan International (TWI)

This tire maker recently warned about excess inventories and that it would be cutting guidance.

Stock Picking Strategies

Stock Picking Strategies: The Short Ratio  ››

Overcome Doubt and Learn to Trade with Confidence  ››

REIT Industry Review & Stock Picks - June 2013  ››

Funds Commentary

5 Highest Yielding Zacks #1 Ranked Government Bond Mutual Funds  ››

3 ETFs for Your Portfolio This Summer  ››

South Korea ETF Surges on Solid Economic Data  ››

Options Strategies

Buying Puts to Protect Profits and Hedge Risk  ››

Video Reports

Time to Bank on Regional Bank ETFs

Regional Banks are in the best position to benefit from the steepening yield curve (KBWR, KRE).

This Week's Value Stock Picks: (SYKE) (OVTI)- June 25, 2013

Tracey Ryniec, Zacks Value Stock Strategist, profiles Sykes Enterprises (SYKE) and OmniVision Technologies (OVTI).

Looking Ahead to the Second Half

Our experts discuss major market influencers as we near the second half of the year.


Increase Investment Returns with Free Zacks' Portfolio Tracker

Follow your investments easily in one place. Get free email updates that alert you to major events affecting your stocks and funds, including time recommendation changes, earnings announcements and, most importantly, earnings estimate revisions.

Click to Learn More>>

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