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ZACKS.COM
PROFIT from the PROS
Tactics that Work in Good Markets and Bad
As you all know, investors have been very focused on European Debt, US economy and Chinese growth. For a while US economic news was strong enough to keep investors from getting overly concerned about the re-emergence of the European debt problem. But now with recent economic reports coming in a notch softer, it may not take many more negative headlines out of Europe to push stocks down further.
Right now we keep getting support each time we hit 1370 on the S&P. But I sense that odds are increasing that we will soon head under that mark with 1300 being a logical next level of support.
This does not change my long term view calling for Muddle Through economic growth in the US which is good enough to push stocks higher over time. But it does say to me that the rally that started last October at 1099 is now over. This is the healthy and logical correction that follows a rally of that magnitude. So investors should consider some defensive strategies in the near term.
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狗仔卡
发表于 2012-4-20 02:46 PM
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发表于 2012-4-20 02:51 PM
