Sunday, December 6, 2009

Bernie Schaeffer Gold still a buy , Dec-Jan historically a strong season for Stocks

It is not too late to get on board of the Rally, Bernie Schaeffer Says


Dec-Jan historically a strong season for Stocks


Bernie Schaeffer, chairman of Schaeffer's Investment Research, says it's way premature to start worrying about a Fed rate hike and sees "no fundamental reason" for the dollar to keep rallying."I would be a buyer," Schaeffer added, expressing particular favor for retail stocks. He recommends the SPDR S&P Retail (XRT), and well as J. Crew, Polo Ralph Lauren, Netflix, Office Depot, and Starbucks.

No comments:

Post a Comment

DAILY NEWS ON BOOZE