It has been a great run through the end of June, but will the stock market keep up its momentum in the second half?
I recently talked with WTOP in Washington, D.C., about the market’s nice run of about 14% through the first six months and the outlook for the next six months.
In a nutshell, I think there can be a lot of confidence in the long-term but in the short-term we face a roller-coaster ride after the front-loaded returns in 2013.
I recommend the iShares Biotechnology ETF (IBB) as an opportunity in the months and years ahead, and materials stocks as investments to avoid.
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