The S&P 500 does not look expensive based on the forward valuation that many investors are used to seeing, but it’s getting close based on the “new normal”.
Outlook
We are far from a level of market euphoria. There hasn't been a peak with anywhere near the current level of low market bullishness for nearly two decades now.
This week’s rally that sent the S&P 500 to multi-year highs also kept transportation stocks from reaching new multi-year lows. That’s huge news!
I never thought I would say this, but Ben Bernanke is looking very smart right now with his wait-and-see approach to turning on more economic stimulus.
Here are five tips to keep in mind to help you enjoy your retirement with a sense of financial security:
ECB chief Mario Draghi’s announced bailout plan this week is not a cure-all for the European debt crisis, but it has real substance.
Will stocks continue to climb the wall of worry, or does an increase in insider stock sales suggest that Mr. Market is ready to take a tumble?
Don’t worry: Hades has not frozen over. Yet bond king Bill Gross makes the case in his latest missive as to why stocks could outperform bonds.
A profit warning from any one company is rarely a danger sign for the entire economy and the stock market. FedEx may be the exception.
A stock market rally into the latter months of 2012 looks iffy, at best, judging by the latest chart of market breadth.