Stocks rose today, thanks in part to forecast-beating earnings reports and the perception that the current slow economic growth will lead the Federal Reserve to continue its stimulus policies. “We are right at the heart of earnings season so everything at this point of time is very earnings driven,” Mark Spellman, a portfolio manager at Value Line Funds in New York, said. “Earnings have been as good if not slightly better than expected. We’ve done a lot on the cost side. What people want to see is continued progress in the sales line.”
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers:
Claim your free copy of Dr. Mark Skousen's and Tim Plaehn's new report:
High Yield Havens: 3 Dividend Plays To Safely Hold Forever
Access your free report below:
*By submitting your email, you'll receive this free report, along with complimentary access to Skousen CAFE' and Investors Alley, along with associated financial content and special offers. We value your privacy. You will not be spammed, ever. Period.