Keith Springer President of Springer Financial Advisors Quoted in The Wall Street Journal

May 5, 2011 - PRLog -- SACRAMENTO, Calif.  – Keith Springer discusses the effects of the surprises in the earnings reports on the stock market and what he plans to do in preparation for the next earnings season.

According to Jonathan Cheng, reporter for the Wall Street Journal, “U.S. stocks slipped as investors bought companies in the defensive telecommunications and utilities sectors.”

"My big fear is not that earnings falter, but that the surprises can't be met any more going forward," said Keith Springer, president of Springer Financial Advisors in Sacramento, CA. "Stocks go up based on earnings, they need to have surprises to keep going, and you can only have so many surprises in this cycle."

Mr. Springer said he's snapping up utilities and other defensive stocks with the expectation that the bull market will run another three to six months before running up to resistance in the next earnings season.

To view more print and TV media interviews with Keith, visit www.KeithSpringer.com and click the “in the news” link, email Keith@KeithSpringer.com or call (916) 925-8900. In addition to his work as an expert financial advisor, Keith provides customized mortgages and consulting for homeowners. This information can be found at www.capfasloans.com.

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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.