Salient to Investors: David Sowerby at Loomis Sayles said earnings continue to surprise on the upside, plus a slight improvement in manufacturing. 71 percent of S&P 500 companies beaten analysts’ quarterly estimates. Darrell Cronk at Wells Fargo Private Bank said the consumer is showing he is willing to jump back in and seek out a job. Thomas
READ MORE... →Salient to Investors: From November 1957 to October 2007, the Best 6 Months strategy (sell in May and come back in November) gained 38 times, lost 12 times, for an average annual gain of 7% versus the worst 6 months of the year which lost 18 times for a less than 1% average annual
READ MORE... →Salient to Investors: Jeffrey Hirsch at Stock Trader’s Almanac writes: Presidential elections have a profound impact on the economy and the stock market. The last two years of the 44 administrations since 1833 produced a total net market gain of 724 percent versus the 273.1 percent gain of the first two years. Presidents
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