Four Stocks for a Resilient Market
David Brown submits:
Despite the global gloom that continues to cause significant concern about economic recovery virtually everywhere, the market pushed right through the resistance wall last week, threatened to give it back on Friday and Monday morning, but then continued forging ahead Monday.
It is difficult to grasp the resilience of the U.S. equity markets in light of our domestic crises – the staggering debt, unemployment hanging tight at close to 10 percent, the health care struggle, which may or may not be resolved by the bill that just passed Congress. There seems to be an implicit assumption by the marketplace that none of these looming dark clouds will actually threaten the ability of corporate America to shine on with at least modest profits.
Investing, Long Term Investment, stock market | admin March 23, 2010
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