As second quarter earnings have been booked and historically strong as we will see. We need to keep an eye on the third quarter. We are already getting bullish guidance third quarter is off to a great start with "rosy" outlooks from the likes of Samsung.
The bears will be trying to huff and puff and blow the house down, but the world economy is maintaining its robustness and due to this global economy US stocks stand to continue to gain and the US bears will be forced into early hibernation.
In the global economy we have reason to maintain our healthy outlook for international stars like NM, FRO, and BKBO.
As we near October you will hear the bears talking about past October's like we heard them try to use the "go away in May" slogan recently. Those that listened to them are still running behind trying to catch up with this locomotive.
Maybe the bears have spent too long in this past hibernation and waking up to the fact that we are in a new paradigm.
With strong emerging country economies the bears are not accustomed to the chiseled face and sinewy body of this new bull snorting strongly from both nostrils and pawing the earth in challenge.
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