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Q&A: Today's Market

Some commentators have been calling the current rise in the market a Bear Market Rally.  How can we distinguish a bear market rally from a rally that signals the first leg of a new bull market?

First off, the talking heads on TV like to “scare” you since bear market news typically boosts their ratings.  On my blog I provided five reasons why I believe that market forces have converged to help corporate earnings and the overall stock market.  What it comes down to is that I believe we are in the early stages of a new bull market.  I do admit that many financial stocks are a mess and that we remain in a very narrow stock market, but under no circumstance do I believe that you should sell all of your stocks in preparation for a bear market. There are too many great stocks, in hot sectors that are currently receiving A-grades in PortfolioGrader Pro to be sitting on the sidelines. Specifically, I can’t see ignoring agriculture and many oil-related stocks, they’re performing phenomenally!

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Week of 07.21.08
Video Demo    
Stock Symbol Grade  
BP PLC (ADS)BPBBUY
Chevron Corp.CVXBBUY
Exxon Mobil CoXOMCHOLD
Hess Corp.HESABUY
PetroChina Co.PTRBBUY
Sunoco Inc.SUNDSELL
Tesoro Corp.TSOFSELL
Stock Symbol Grade  
Brinker InternEATCHOLD
CBRL Group IncCBRLDSELL
Cheesecake FacCAKECHOLD
DineEquity IncDINFSELL
P.F. Chang's CPFCBCHOLD
Ruby Tuesday IRTFSELL
Ruth's HospitaRUTHFSELL
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