As the Dow industrials approach 13,000 for the first time, investors will keep a close eye on the heavy flow of quarterly earnings while new data on consumer sentiment and the pace of the U.S. economy stream … via The Washington Post
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If the stock market strikes you as even more indecisive than usual lately, there is a ready explanation. via Asbury Park Press
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An immediate annuity may not just provide income, it may help portfolios grow more than those without one. via Baltimore Sun
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“If all I was seeing was one piece of good news, that might not repeat”
Buy low, sell high.
Naturally. But much easier said than done.
So how about buying high?
Simpler, even if it goes against the conventional wisdom. But sometimes, with a little care, it can be profitable.
Some experts see evidence that stocks reaching 52-week highs aren’t necessarily primed for a fall, and, in fact, often continue to advance in the following months.
Analysts caution that willy-nilly buying of shares at 52-week highs isn’t a smart idea. But with some research into company fundamentals, careful selection of stocks can pay off. Read more
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Midlander Dave Camp disagreed Friday with most other House Republicans and the White House. via Midland Daily News
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The Dow Jones industrial average notched another record Friday, but left eager investors waiting to see the stock market’s leading index click past 13,000 points. via San Jose Mercury News
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