Attached are two graphs that were shared with us by Navellier & Associates. I find them to provide useful insight into what direction the market may be heading. According to these graphs fourth quarter earnings are expected to increase by over 271%, while the composite leading indicators of the Organization for Economic Co-operation and Development (OECD) all signal an upcoming expansion in economic activity. We continue to be optimistic and feel that these indicators and expected earnings prove that we are not alone in our optimism.
Click each chart to open a full sized version.
Posted on
Mon, August 24, 2009
by Andy Anderson