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LINDSEY VONN
CNBC.com web-only interview
Downhill skier Lindsay Vonn

JeeYeon Park

CNBC.com Writer

JeeYeon Park is a writer for CNBC.com.

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  • This is nothing but a relief rally in a secular bear market and we’ll be in a secular bear market for another 10 to 15 years, said David Hefty, principal of Cornerstone Wealth Management.

  • Pros Say: US Market Rally Likely to Continue Friday, 17 Jul 2009 | 3:48 PM ET

    The Dow turned lower in late morning trading as investors continued to digest earnings reports from a slew of top-tier companies. After turning positive mid-morning, the blue-chip average slipped back into negative territory, joining the two other major indexes. An economic report showing an unexpected rise in new housing starts and building permits helped stoke some enthusiasm. Wall Street will attempt to make it a perfect week for the bulls—with the Dow, the S&P 500 and the Nasdaq rising in all four trading days so far this week. Read and listen to what the experts had to say...

  • The quarterly reports for the big banks were terrible across the board, but stocks are up because the psychology and the method of valuing bank stocks have changed, said Richard Bove, financial strategist at Rochdale Securities.