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U.S. Stocks Have Risen Five Weeks in a Row - Navellier

Posted by Seton McAndrews | CFP®, Vice President Investments
August 15, 2012

Louis Navellier takes a look at the market distractions, productivity in the US and the rise in commodities. "Don't look now, but the S&P 500 rose each day last week and each of the last five weeks. However, I see a mixed market in individual stocks. Some winners are consolidating, while many beaten-down stocks are firming up. Stocks exhibiting the most relative strength are primarily the high-dividend stocks and those providing higher sales guidance, but as the second-quarter earnings announcement season draws to a close, we could see a sideways market on low volume while traders take their late-August hiatus."

Navellier & Associates, Inc.