A Return to Stock-Picking
With the central banks largely out of the way now, the biggest fear of many market players is that the market no longer has any major catalysts to drive it higher. After all, it has been moving higher all summer in anticipation that the printing presses would be unleashed again, but there haven't been many positives economically and there is great concern that earnings may show the effects of a struggling Europe and China.
The optimistic view is that if we are less focused on macroeconomic matters, maybe we'll have a better market for stock-picking. One of the challenges of the market for quite some time is that we have had to constantly dance to the next major headline. It didn't matter what stocks you were buying, as most would move in tandem with the news....201 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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