Salient to Investors:
Terry Sandven likes the risk reward for equities but says it’s a ride the highs, buy the dips market.
Frederic Dickson at D.A. Davidson said investors are tiptoeing in to figure out if it’s too hot or too cold.
The majority of economists expect the Fed will lower its benchmark rate to 0.5 percent from 0.75 percent on May 2.
74 percent of 270 S&P 500 Index companies so far reporting have beaten estimates, and analyst are turning more bullish on corporate earnings, expecting Index earnings gained 1.1 percent in Q1 2013.
George Soros disclosed a stake in JC Penney.
Read the full article at http://www.bloomberg.com/news/2013-04-26/u-s-stock-futures-drop-as-investors-await-gdp-report.html
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