A Replay of 2010?

Posted June 8, 2011

Investors are starting to pick up on the similarity of this year’s stock market action (and newspaper headlines) with that of 2010 suggesting that the market has entered into a “correction” like the one it went through from April to September of 2010. The reasons cited for last year’s correction have resurfaced again: The Fed’s QE2 (quantitative easing) will end soon, the European debt crisis and a weakening economy.

S&P 500 Large Cap Index Weekly Chart June 8, 2011

Click below to read more including the Longer-term outlook.

www.artnunes.com/wp-content/uploads/2011/06/06082011.pdf