Wednesday, May 30, 2012

The underlying fundamentals driving our economy are still in descent shape: nine out of ten people in the workforce are employed and firms are highly profitable.

The concers about Greece, Spain and Ireland may be over-rated.

On a day like this, when all 30 of the Dow Jones Industrials are down, it is usually a good time to buy equities. This graph from Google.com indicates that we may be getting confirmation from the MACD line. Notice that it's ready to cross and move up.

With the ten-year Treasury note yielding 1.62%, investors will be forced into stocks in order to generate a yield for their portfolios.

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