Theorizing a Bullish Trend

Richard Moroney of Dow Theory Forecasts thinks the outlook for stocks is brightening and names some small- and mid-cap favorites

Richard Moroney sees reasons for optimism about the stock market. The editor of the Dow Theory Forecasts newsletter and portfolio manager for Horizon Investment Services says the plus signs include a broadening of the market and the return of money to technology stocks. He's also encouraged that investors seem to be looking beyond the current softness in corporate earnings.

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