Posts Tagged ‘IXJ’

Sentiment Shift – Bulls Are Running

Wednesday, March 17th, 2010

In meeting the goal of being objective when presenting finance news on Big Moving Stock, and having already highlighted notable bears Robert Prechter, Mish Shedlock, and Dr Doom Marc Faber – John Challenger of Challenger, Gray & Christmas was featured on Yahoo Tech Ticker and says the US Economy is poised for Jobs Growth.

“The economy is poised to start seeing unemployment begin to drop. Employers who’ve been very cautious will begin to start turning the temp workers they are hiring into permanent people”

John makes some really good points and remember bull markets are created on pessimism and worry while they die on euphoria. Meanwhile stocks are leaping today with GOOG, DECK, SMTS, PLCM, GMCR, and EQIX leading the way.