Strength in US Stocks Leads Global Markets Higher

BRANDON, Fla. - April 1, 2013 - PRLog -- April 1, 2013 — The S&P 500 index broke out to new all-time highs on Friday, which could generate significant momentum as retail investors look to move into riskier assets.  Both the fundamental and technical picture for US stocks looks robust.

A recent article published in Wealth Advisor Club (http://thewealthadvisorsclub.com/business/1095/sp-500-poised-to-test-an-all-time-high.php/), suggests that strong US economic data in the housing and employment sectors are the catalysts behind the climb in US equity bourses.

According to the article, February New and Existing Home Sales were better than expected and the Case Shiller Housing price index for January showed the strongest increase seen in the past 12-months.  Despite recent volatility introduced by fears over the Cypriot banking system, the US markets have gained strong momentum and are likely to continue to move higher.

One of the headwinds that could affect the US rally is the recent decline in Japanese sentiment.  Japan's Tankan survey which was released on Monday April 1, 2013 showed modest improvement in sentiment, while still producing a negative number.  Declining capital expenditures is also making it difficult for the Japanese economy to fire on all cylinders.

For more information visit http: http://thewealthadvisorsclub.com/business/1095/sp-500-poi...