Monday, September 13, 2010

S&P Hits 1120...Is 1200 Next?

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The seasonal slump came early this year and the S&P is poised to finish 2010 with a bang, according to Katie Stockton, chief market technician at MKM Partners.

With the potential for major political change in the wind, the stock market may well be poised to reassert historical performance characteristics. Thus, investors may stand to significantly benefit next year. *Below chart from Navellier & Associates

2 weeks ago Itz called for 1120 to be tested...

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