Apr 15, 2012

Ryan Detrick (Schaefer's): More reasons to be bullish than bearish

There are definitely concerns out there, and we can't simply ignore them. A slowdown in China or more issues in Europe could put a major stop to the bull market, but overall, we continue to feel there are still more reasons to be bullish than bearish for longer-term investors. In the near term, some continuation of the recently choppy price action could occur -- but eventually, that will give way to higher prices, as the dour outlooks on the economy and stock market will once again be proven too gloomy.

~ Ryan Detrick, Schaefer's Investment Research, "Monday Morning Outlook," April 13, 2012

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