Value Investing the David Herro Way
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We are back in buy mode, with the help of Morningstar Inc.'s Fund Manager of the Decade.
This week marked an important turning point for the stock market. As we discussed in yesterday's blog, pessimism and selling reached climactic levels Wednesday - Thursday. Coupled with Friday's headline jobs report featuring the lowest unemployment rate since July 2008, markets have rebounded convincingly. Technical strategist Chris Verrone of Strategas Research Partners LLC describes the price action as follows: