<< Return to page 1 - The Bad News Is the Good News
Good earnings growth is still
primary to investors.
With earnings this
season moving along better than expected, investors feel pretty good
about things overall.
They isolate oil as a
speculative one-off event, financials have bottomed and housing woes aren’t a
big deal overall.
To bears all this is selective
spin. But, the tape is the reality
and that’s the bottom line.
will be no post tomorrow as I’ll be giving a talk in the early evening
while in Boston and then we travel Thursday to Chicago arriving in the
Have a pleasant day.
The ETF Digest maintains positions in TLT,
TBT, XLE, MOO, XLB and ILF.