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Navellier & Associates - Market Sets New All-Time Highs on a Positive Jobs Report

Posted by Michael J. O'Connor | CWS®, Vice President Investments
May 6, 2013


Louis Navellier focuses this week's commentary on the latest jobs report and the possibility of more quantitative easing.

"The S&P 500 rose over 2% last week, hitting a new all-time high of 1614 on Friday, due in large part to a better than-expected jobs report combined with massive positive revisions to previous monthly job totals. So far in 2013, the S&P is up 13.2%. NASDAQ is catching up, gaining 3% last week, and the Dow touched 15,000 before retreating to a new closing high of 14,974."

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