Stocks Have a Case of Acrophobia?

Profit from the Pros Stocks Have a Case of Acrophobia? Stocks bolted higher out of the gate Tuesday to retest the all-time highs once again. Once there investors got a case of acrophobia (fear of heights). Afterwards stocks floated back down slowly like a feather. We have seen this act many times in recent history, which is a unique aspect of this rally. It is in a way a self-healing market as it takes profits bit by bit over time. This is as opposed to the traditional bull market that rages higher often leading to painful corrections. The fact is that we have ample catalysts in place to touch 2200...and beyond. That includes the stellar new homes sales data from Tuesday which is near a 9 year high. So don't let this acrophobia act fool you. We have higher heights to climb this year. Best, Steve Reitmeister Executive Vice President, Zacks Investment Research Sponsor [Bear Market Warning] You know that all bull markets must come to an end. When this one runs out of steam, will you be prepared? The time to protect yourself is NOW, before the danger is knocking at the door. Zacks has created a Bear Market Game Plan to help you recognize the signs, prepare in advance, and actually profit from the inevitable downturn. Last time the bear struck, it wiped out 58% of the stock market's value. Investors were devastated. Retirements were postponed for years. Make sure this one doesn't catch you by surprise. Deadline to receive our urgent Special Report is Sunday, August 28. [Download Zacks' Bear Market Game Plan Free >>] Most Popular Articles from Zacks.com [Technical Analysis and Fundamental Analysis Combined] Kevin Matras goes over a screen that's crushing the market this year. It's called TA and FA Winners. See how it works and how you can use it too. Highlighted stocks include AVID, PCMI, AMKR, AOSL and HWAY. [Read More »] [Oil & Gas Stock Roundup: Exxon, Chevron & Hess to Bid Jointly for Mexico Drilling Rights] On the news front, oil giants Exxon Mobil Corp. (XOM), Chevron Corp. (CVX) and Hess Corp. (HES) have joined forces to bid for deepwater drilling rights in Mexico. [Read More »] [Top 5 Stocks That Brokers Favor Right Now] Broker ratings are often the driving force behind a stock's performance. [Read More »] [Time for Cloud Computing ETF on Upbeat Earnings?] Cloud computing ETF performs well in Q2 earnings season on decent-to-upbeat results. [Read More »] [KFC Sunscreen Thinks Outside the Fill-Up Box] Kentucky fried genius marketing move creates a stir with chicken-scented sunscreen. [Read More »] Sponsor [Why Haven't You Looked at Zacks Top Stocks?] Starting now, you can get instant access to the latest picks from our market-beating strategies that produce average gains of +20.6%, +31.1%, +54.7% and +57.6% per year. Zacks will also give you a free Special Report, Top 5 Valuation Secrets, which could dramatically change the way you invest. [Learn more now >>] [Bull of the Day: Urban Outfitters (URBN)] After a blowout quarter that brought about record sales, investors should outfit their portfolios with this hot retailer. [Read More »] [Bear of the Day: Fogo de Chao (FOGO)] A miss on earnings and falling estimates is a recipe for a lower stock price. [Read More »] [New Zacks Strong Buys for August 24th] Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today. [Read More »] [Customize Your Profit from the Pros Delivery] Connect with Us: [Facebook] [Twitter] [StockTwits] Contact Info: Phone: 1.800.767.3771 ext. 9339 Email: [support@zacks.com] [Terms] | [Privacy] | [Unsubscribe] [Zacks] You are registered to receive this "Profit From The Pros" e-mail newsletter at {EMAIL}