Day Trading & Forex Forum

MarketWatch.com

The economy is moving in the right direction, and stocks should follow suit once we get past the FOMC meeting and October jobs report this week, says Burt White, the chief investment officer at LPL Financial. The news of the day bears this out, he says. "Warren Buffett sees positive growth in the economy, factory orders are showing positive growth in the economy," White says. And he doesn't think a pullback will be able to take hold. "Every bear on the street has gotten their clocks cleaned, and there's a whole lot of folks who've been waiting for a pullback to put money in," says White.

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