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Follow on Google News | Keith Springer Quoted in CNNMoney.comKeith Springer provides in-depth analysis as the markets prepare for next week’s corporate reports
By: Keith Springer Stocks seesaw ahead of earnings barrage SACRAMENTO, Calif. Jan. 14, 2011 – Keith Springer provides in-depth analysis as the markets prepare for next week’s corporate reports. According to Julianne Pepitone, reporter for CNNMoney.com, “U.S. stocks flip-flopped on either side of breakeven Friday as investors shrugged off lackluster economic data, and shifted focus to next week's avalanche of corporate reports.” "The market's moves are extraordinary, considering this morning's economic reports were not good," said Keith Springer, head of Springer Financial Advisors in Sacramento, CA.” Both inflation and retail sales rose in December, according to separate Commerce Department reports. "JPMorgan is a precursor to stellar earnings next week, and that's what's really driving markets now," Springer added. Stocks are overbought right now, and the market is due for a correction, Springer said. But rather than moving sharply lower, the market is "resting" by merely moving sideways. "JPMorgan investors are really looking for a dividend -- that's what's going to move the stock," Springer said. To view more print and live media interviews with Keith, visit www.KeithSpringer.com and click the “Keith in the Media” link, email Keith@KeithSpringer.com or call (916) 925-8900. About Springer Financial Advisors: Keith Springer is a financial planner, a market technician, a financial writer, founder of Top Down Tactical™ and President and founder of Springer Financial Advisors in Sacramento CA, a SEC Registered Investment Advisor. He has developed a proprietary process for successfully building tax-efficient and retirement portfolios and has been providing specialty wealth management services for over 25 years. # # # Keith Springer presedent of Springer Financial Advisors, a SEC Registered Investment Advisory Firm.He has successfully built tax-efficient retirement portfolios and has been providing specialty wealth management services for over 25 years. End
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