Monday, January 09, 2012

@AllAmerInvest Stock Market Trend, Chart, Video Is The Bull Market Over for Stocks?, Corporate Profits Slow


Stock market trend continues slightly positive as the S&P 500 approaches the critical 1290 area. 


Still watching the slope of the 40 and 200 day averages closely. Any sharp upturn would indicate that the sideways consolidation is over, and that, the market is ready to move sharply higher. A close below the 40 day would be a red flag.


U.S. Corporate Profit Growth Slows as Europe Drags

U.S. corporations ended 2011 with the slowest profit growth in two years.

Standard & Poor’s 500 Index companies may have earned $24.74 a share (SPX) in the fourth quarter, according to analysts’ estimates compiled by Bloomberg as of Jan. 6. The projected 6 percent gain is the smallest against a year-earlier quarter (SPWPPRCT) since September 2009, just after the U.S. recovery began.

All American Investor

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Is the bull market over for stocks?






Original content Bob DeMarco, All American Investor

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