Weekly Market Commentary, May 24, 2010 Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights We believe this pullback is merely part of the higher volatility in the markets we have been expecting this year to accompany the transition from recovery to sustainable growth. We offer ten reasons why we expect the markets to rebound [...]
Read the full article »
From the category archives:
LPL Financial Research
This month I’m featuring an important research White Paper written by Burt White, LPL Financial’s Chief Investment Officer. I call it a “Coffee Cup” read, because you’ll want to settle in with a cup of joe and contemplate his foresight. Below are highlights, and I recommend downloading the full PDF report for your convenience. -Rose [...]
Read the full article »
Over the past week, the LPL Financial Current Conditions Index rose slightly to 236, the highest level in the past year. The stock market has tracked the CCI closely this year as it did last year reflecting the attention investors are paying to real time measures of economic and market conditions as they assess the [...]
Read the full article »
Quote of the week It is wonderful what we can do if we are always doing – George Washington New home sales up … 26.9%? Yes. The stampede was on in March as buyers raced to qualify for expiring tax credits, leading to the greatest month-over-month jump in new home purchases since 1963. According to [...]
Read the full article »
Buy in June and Stay Tuned
by Rose Greene, CFP on June 2, 2010
Weekly Market Commentary, June 1, 2010 Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights “Sell in May and go away” only works about one-third of the time. With a pullback having already taken place, we find little value in this old adage. We believe investors should “buy in June and stay tuned” this year. [...]
Read the full article »