Best Bull Market Ever…Now What? Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights The three-year anniversary of the bull market took place on Friday, March 9. This has been the strongest bull market since WWII. The average return in year four of prior bull markets was 12.9%, close to our 8 – 12%* return [...]
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Arab Spring 2 Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights This year, oil prices have started off on a similar path to last year, but disturbingly are already about $10 higher than they were last year. Oil prices have climbed to just below the threshold where demand for oil has weakened in the [...]
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The Great American Race Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights Today at “The Great American Race,” NASCAR’s Daytona 500, a contestant in another great American race, Rick Santorum, will have his logo on the hood of the number 26 car. Following the “crash” of 2008, the Federal Reserve (Fed) has the yellow [...]
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Following the Path Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights The stock market, measured by the S&P 500, has posted a high single-digit gain for the year, and the S&P 500 index is around 1,350. Sound familiar? It should. It is exactly what happened last year. Last year, stocks shed their gains for [...]
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The Worst Earnings Season in Years Still Beats Expectations Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights Earnings have mattered a lot for the U.S. stock market. Over the past three years, earnings are up about 58% and the S&P 500 is up about 55%. Yet, in recent weeks, stocks have been rising even [...]
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