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

When You Assume...

Here are my assumptions at this stage:

•  DC will find some temporary patch to keep the government running.

•  Then they will negotiate some partial solution that keeps kicking the can down the road, like every other debt ridden nation, yet does not really disrupt the current economic growth.

•  GDP will stay in the muddle through neighborhood of +2%.

•  Both ISMs will average 53-55 (lukewarm).

•  Weekly jobless claims come down to 300K average.

•  Monthly job adds melt up to 200K per month which allows us to get under 7% unemployment in the Spring of 2014.

•  S&P 500 earnings will not come in at $121 per share in 2014 like currently expected. $115 closer to reality which equates to 6-7% growth over 2013.

•  Treasury rates float up to 3.25 - 3.5% next year. (Any higher spells trouble for stock valuations).

Add it all up and stocks will rise to around 1900 on S&P in 2014. Then they will run out of steam without more robust earnings growth. If that does not come AND there is no recession in the air, then stocks will go sideways for a long time until a new catalyst emerges to show the way forward (up or down).

(Note that any error in forecast can be blamed on the crystal ball I bought from the Acme Corporation?that is where Wile E. Coyote gets all his advanced products ;-)

Assuming I am right...and I usually do pretty well in this department...then there is plenty of reason to keep a bullish stance in your portfolio.

Featured Commentaries:

•  5 Bullish Chart Set-Ups

•  3 Strategies To Profit This Earnings Season

•  How to Evaluated Annuity Insurers

•  Ahead of Wall Street for Monday October 14th


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

Executive Vice President

Zacks Investment Research

Follow Us:  

Please login to or register to post a comment.


Only Zacks' Hottest Trades. Only $5.

Others pay thousands of dollars to see such privileged, sensitive information. But starting now, you can receive a hand selection of the Best of Our Best, just 2-3 buy recommendations each week at a tiny fraction of their worth.

These trades trounce the market in both win rate and performance. They also cost less than any other Zacks service. Small wonder they have become by far our most popular.

Find out about these "Must Buys".

Bull & Bear of the Day

Zacks Rank #1

Valeant Pharma (VRX)

It's not organic, but this growth is still very healthy and delicious to large investors.


Zacks Rank #5

Uni-Pixel (UNXL)

Electronic device markets are competitive and this company has yet to prove it has the touch.

Stock Picking Strategies

Using the Short Ratio to Forecast Turning Points  ››

Shutdown and Fear = Great Q3 Earnings Season  ››

Q3 Earnings Season Takes the Spotlight  ››

Funds Commentary

Zacks #1 Ranked Precious Metals Funds  ››

Hedge Your Portfolio with Low Volatility ETFs  ››

Top Ranked Emerging Asia-Pacific ETF in Focus  ››

Options Strategies

How To Win With Options  ››

Video Reports

Godot Isn't Coming = Sell the Rallies

Why the odds of a bigger correction have increased as the DC brawl throws rocks at my ?Big 3? market windows.

Top Emerging Markets ETFs for Q4

South Korea and Taiwan may outperform going forward (EWY, EWT).

An International Round-up

These Three Factors Clarify the Global Market Situation.

Earnings HQ

Today's Noteworthy Earnings Before the Bell:   ››  No Significant Releases. Check calendar for specifics.

Today's Noteworthy Earnings After the Bell:   ››  JBHTPKGBROWTFCSTLY

Get the First Calendar Made for Traders.

Visit the Zacks Earnings Calendar

Recent Earnings Winners

Company Symbol Reported Surprise %Price Chg
INFOSYS LTD INFY Oct 11 +0.73% +6.21%
LINKTONE LTD LTON Oct 11 +0.40% +3.47%
WEBSTER FINL CP WBS Oct 11 +0.49% +2.64%
INDUSTRL&CML BK IDCBY Oct 11 +0.64% +0.70%

See All »

Best Earnings ESP Stocks  

Company Symbol Consensus
Accurate Est.
Reports Zacks Rank ESP
S Y BANCORP INC SYBT 0.49 0.51 Oct 23 1 +4.08
TIM PARTICP-ADR TSU 0.36 0.42 Oct 29 1 +16.67
WADDELL&REED -A WDR 0.72 0.73 Oct 29 1 +1.39
ADV MICRO DEV AMD 0.02 0.03 Oct 17 1 +50.00
PLEXUS CORP PLXS 0.67 0.68 Oct 23 1 +1.49
Don't trade these stocks until you have read the Zacks ESP Guide ?


3 Ways to Make Money from Market Volatility

Today, Zacks members are invited to download a revealing Kevin Matras Special Report for FREE. Our Zacks research expert strips away the mystery from three powerful, often misunderstood strategies that have been steady, conservative money makers in up-and-down markets like we're seeing now.

You probably never even heard of two of them. Don't miss Kevin's step-by-step explanation of how he personally made +98.7% in less than five months.

Get the report free >>

Manage Your Newsletter Subscriptions

Update Preferences         Update Your Profile         Unsubscribe All         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