Beverly Hills 1/13/2010 4:52:55 AM
News / Business

What Does the Beginning of Corporate Earnings Season Mean

George Brook's Brooksie's Market Blog, EQUITIES Magazine

“New highs across the board, but still profit taking in 2009’s winners, which puts a lid on any attempt to run. At some point here, that profit taking will run its course. The selling will provide an entry point for investors who missed them at lower levels.

 

Today: Look for a lower open and bumpy trading as selling in 2009’s winners accelerates reflecting a rush to lock in profits before others sell and depress stocks further. Smacks of opportunity…”

 

To continue reading this post and to read more of George Brooks’ Market Blog, click here.

 

About George Brooks:

 

George Brooks started in the investment business as a stock broker in 1962 and quickly gravitated to the research end of the business, first undertaking his own vast study of fundamental and technical analysis, then taking a position as director of stock market and economic studies for a leading money manager and publisher. In 1973, he formed his own firm to provide daily market timing and stock selections for two regional NYSE member firms, as well as special situation research and written analysis for leading investment advisory publications.

 

About EQUITIES:

 

Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.

 

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