Tuesday, July 13, 2010

Stock Market Earnings

The quarterly earnings parade started yesterday and the early signs are positive. Today marks the 6th straight up day in the market (assuming it holds) following 7 straight down days. Remember... markets go up and down, not up and up. For what its worth- July is the best overall month for the S&P 500 for the 1928-2009 timeframe (in case you are curious- September is usually the worst).