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Profit from the Pros

Stocks Poised For More Gains, Dow Makes New All-Time High

Stocks closed mixed, but the Dow made a new all-time high, and the S&P made a new all-time high close.

The markets are in a great spot right now.

Stocks should continue to respond well to positive economic news.

But with the Fed reiterating their support for a rate cut to "sustain the expansion" if needed, even a little bit of bad news could be good for the market.

Expectations are high that the Fed cuts rates by at least a quarter point at their next FOMC meeting on July 30th and 31st.

And it's looking more and more likely that a half a point rate cut (or more) should be seen by year's end.

In the meantime, the markets are poised to keep the gains coming.

We had a great first half. Actually a record first half.

And I'm expecting the second half to be just as good, if not better.

I've said it before, and I'll say it again – these are historic times for the economy and the market.

And with historic times comes historic opportunity.

If you wished you would've traded the market differently up to this point, don't worry.

Just be sure to do it now.

There's a lot more upside to go.

So make sure you're taking full advantage of it!


Kevin Matras

Executive Vice President, Zacks Investment Research


Stocks Under $10 to Buy Today

Zacks is now revealing its most compelling picks priced under $10 per share (but perhaps not for long). These high-quality companies have prospects for gains of up to 2X and more. Recently, our recommendations have closed returns as high as +129.9%, +63.2% and +55.3%.

These stocks offer the best of both worlds: immediate growth potential AND the strong likelihood of long-term profitability.

Special opportunity ends midnight Sunday, July 14.

See Stocks Now >>

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