Morning Stock Talk - Tower: The rally still has legs
"There are still people under invested in equities and so every time the market goes down a little bit, it's an opportunity." That's the take from Ken Tower, senior vice president at Quantitative Analysis Service. He tells Steve Potisk, "investors are anticipating at least a bottoming in the economic downturn and then the question is going to be how much of a rebound do we get?" According to Tower, the rally still has "some legs to it." Download this Podcast (Duration: 00:07:27, Format: *.MP3) Dow Jones' MarketWatch Morning Stock Talk discusses the big stock movers, economic data and investment trends with Wall Street's top analysts, strategists and traders. Hear about what's driving the stock market from those in the know.. |