Following two sessions of growth that put the S&P 500 within five points of its record high, stocks fell today as investors hesitated to inject more money into the markets while waiting for the release of this week’s economic growth and jobs data. “The market is in a quandary right now,” Colleen Supran, a principal at San Francisco-based Bingham, Osborn & Scarborough, said. “For jobs, you’re just hoping you still see some steady traction, but it’s hard to predict, because a healthy jobs market might also mean that the Fed feels more comfortable with an earlier tapering date. It’ll be a little choppy.”
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.