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Navellier & Associates - Market Hits New Highs, Most Investors are Still Cautious

Posted by Gabriel Burczyk | Founder & CEO
May 15, 2013


Louis Navellier examines the Fed's effort to find ways to wind down its quantitative easing policies.

"The S&P 500 gained another 1.2% last week, reaching a new all-time high of 1633.70. The Dow and Russell 2000 also hit record highs. With over 87% of S&P 500 companies reporting first quarter results, two-thirds (67%) exceeded analysts’ earnings estimates, but only 47% beat sales estimates. After this somewhat disappointing result, Wall Street will now begin to look forward to a hopefully more robust second-quarter sales and earnings season, resulting from improving economic growth this quarter."

PDF Download  Download Navellier's Full Commentary Here

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Blog Authors

Gabriel Burczyk
Gabriel Burczyk,
Founder & CEO
Valerie De Vol
Valerie De Vol, IACCP®
Chief Operating Officer
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Seton McAndrews, CFP®
Vice President - Investments
Doug Hutchinson

Doug Hutchinson, CFA®
Director of Research and Trading
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Katie O'Connor
Director of Client Services
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