BeaconEquity.com announces the publication of an article covering the bottoming out of the stock market and the anticipated upcoming rebound.
Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m
In the article the author writes:
"With the Standard & Poor's 500 index down better than 52% from its October 2007 peak, ‘bottom callers’ have come out of their bomb shelters to seek public record of their latest call, with helmets firmly strapped as insurance, of course. … One of these brave souls, Sam Stovall, chief equity strategist at Standard & Poors Equity Research isn't quite calling a bottom yet, but believes that the fall in stocks since October 2007 has been deep and fast, ranking third in depth since 1929 and taking only 13 months compared with 21 months in the past.”
Stocks act as a leading economic indicator, and looking back at our nation’s economic history may give insight as to what’s to come:
“Stovall believes we're approaching the zone of a bottom in U.S. stocks. Stocks typically act as a leading economic indicator of future economic growth, usually bottoming between six to nine months before the economy turns as measured by corporate earnings and the unemployment rate. … According to Stovall's timetable, the S&P 500 may bottom in the coming weeks, rebounding very sharply as hedge funds race to enter equities at the first sign of recovery.”
To read the entire article visit http://www.beaconequity.com/m
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Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
