Stock expert George Brooks gives his take on the market’s activity.
“The market continues down the two-way street with last year's big winners under pressure by profit takers, at a time cash-laden institutions attempt to put money to work.
Negatives are comprised of the usual suspects, namely will the economy stall, and the real health of the nation’s banking/real estate system. This makes for a trader’s market, and on occasion, after one of many downdrafts in prices – an investor’s market...”
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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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