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Profit from the Pros

3 Strikes You're Out?

Stocks actually closed under 2200 for the third straight session on Friday. Is this truly a strike out for investors?

Definitely not!

Investors are often fearful of new heights in the short run. Just like all the hand wringing and gnashing of teeth that took place back in 2013 when investors were facing a shot to make new all-time highs at 1565.

So after a bit of consternation we finally broke above...and stayed above. In total the S&P is now 40% higher.

So as the saying goes; Buy High, Sell Higher!

Best,

Steve Reitmeister

Executive Vice President, Zacks Investment Research

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