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Analyst Browne Is No Longer Bullish, Recommends Taking Profits

Posted Feb 1st 2010 2:30PM by Connie Madon (RSS feed)
Filed under: Analyst Reports, Indices, Market Matters, Money and Finance Today

January is the time for predictions. The stock market is a favorite arena. Stock analyst Michael Browne of Sofaer Global Research has changed his stance on the U.S. stock market. Bank in March 2009, he accurately predicted the start of a bull move in stocks.

Now, however, he says the bull move is over and is recommending that investors take profits. When asked if he was bearish, he said: "Am I bearish? no, but I am no longer a bull."

Continue reading Analyst Browne Is No Longer Bullish, Recommends Taking Profits

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