Springer Financial Advisors President Quoted in CNBC Article

Keith Springer provides in-depth analysis on the stocks markets reaction to the recently released economic data reports in CNBC article, Stocks Hold Solid Gains Before Close.
 
Feb. 22, 2011 - PRLog -- SACRAMENTO, Calif. Feb 17, 2011 – Keith Springer provides in-depth analysis on the stocks markets reaction to the recently released economic data reports.

According to Abby Schultz, reporter for CNBC, “Stocks traded just off the highs of the day as the market close neared amid light volume after a slew of economic news, including rising inflation and strong regional manufacturing data.”

The market should continue to do well, said Keith Springer, president of Springer Financial Advisors in Sacramento, as long as the Federal Reserve keeps buying bonds to stimulate the economy. Springer said the economic data released Thursday confirms "this economy can’t stand on its own without the stimulus."

Another positive for the market: "You still have a non-believing public," Springer said. Many individual investors remain sidelined, or have their money in bond funds, and haven't participated in the market's surge over the last few months. "The trading public has been out of this market for a long time," he said.

To view more print and TV media interviews with Keith, visit www.KeithSpringer.com and click the “in the news” link, email Keith@KeithSpringer.com or call (916) 925-8900.

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About Springer Financial Advisors: Keith Springer is a financial planner, a market technician, a financial writer, founder of Top Down Tactical™ and President of Springer Financial Advisors in Sacramento CA, a SEC Registered Investment Advisor.
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