January May Seem “Super,” but Don’t Be Bowled Over Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights The upcoming Super Bowl will test the stock market’s historical correlations with the calendar and events that proved rewarding to investors in 2011. Investors’ New Year’s resolution may have been to buy stocks after five years of [...]
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From the monthly archives:
January 2012
State of the Union Preview Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights President Obama’s State of the Union (SOTU), scheduled for Tuesday, January 24, is unlikely to be a big market mover. In fact, most SOTU speeches see less than a 1% move in the stock market on the following day. However, the [...]
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European Upgrade Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights S&P’s downgrade overshadowed meaningful developments over the past two weeks in Europe which we would call an upgrade in dealing with the debt problems. The events of the past week show that the rating change at S&P, while warranted, is a lagging indicator of [...]
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What Investors Should be Watching This Earnings Season Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights This week is the start of the fourth quarter 2011 earnings reporting season with big, well-known companies like Alcoa and JPMorgan Chase due to report fourth quarter results. This is the first quarter in over two years that [...]
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Stock Market’s Flat 2011 May Suggest Booming 2012 Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights During the last trading day of 2011, volatility drove the S&P 500 down in the final seconds to leave the Index unchanged from where it started the year and the total return at a mere 2%. There have [...]
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