CNBC Stock Blog
- 10 Dividend Picks For Your Portfolio: Chief Investors
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Retail Earnings and Sales to Improve in Q4: Analyst
- 4 Food Stocks to Stuff in Your Portfolio: Analyst
- S&P at 1050-1200 Trading Range Next Year: Strategist
- Art Cashin: Caution 'Growing' in Financials, Dividend Moves
- 3 Software Stock Picks from Lazard's Senior Analyst
- Investors Bet on a New Year's Rally For eBay
- Why You Should Play the Reflation Trade: Stock Picker
MOST SHARED
- Kuoni CEO Sees Recovery in Travel Sector
- Gold Retreats from Record High as Dollar Rebounds
- Dubai Struggles to Ease Debt Fears; Investors Rattled
- Chinese Overcapacity is Worsening, EU Chamber Warns
- Wal-Mart Price Pressure Hurts China Workers: Report
- Fannie Mae to Tighten Lending Standards: Report
- Great Britain, No Longer That Great: Investor
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Euro Shares Record Biggest Drop in 7 Months
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- Dubai Struggles to Ease Debt Fears; Investors Rattled
- US Companies Already Moving on Curbing Emissions
- Fannie Mae to Tighten Lending Standards: Report
- Investing in Good Karma – and Making a Profit
- Retailers Should Believe in Christmas Miracles
- Wal-Mart Price Pressure Hurts China Workers: Report
- Bankruptcies Jump, Hitting Highest Level in Four Years
- Steepest Black Friday Discounts, Revealed
- Where Do Pardoned Turkeys Go?
RSS FEED
Text Size 
CNBC News Associate
Stocks are moving higher for the sixth day in a row and many investors are asking if is this rally is for real and does this market have legs? Bill Spiropoulos, CEO of CoreStates Capital Advisors and JJ Burns, president of JJ Burns & Company shared their market outlooks.
“This market has been doubted and disbelieved every step of the way since March and the return to normalcy continues,” Spiropoulos told CNBC. “All of the indicators are as if the consumers are coming out from under the bed and there’s going to be a big inventory build and we haven’t seen the impact of that yet.”
Spiropoulos said investors are afraid of the unknown and the next shoe to fall, despite the “many positives” to focus on in the markets.
In the meantime, Burns said he expects some consolidation and stocks to end lower than its current range by year-end.
“The Latin American markets show much more compelling valuations,” he said. “Even emerging markets are beyond a little bit of fair value but I’d rather have a little bit more of my money there because I think anemic growth in America is consistent. I think more growth is going to happen overseas than in America.”
CNBC Data Pages:
More Market Intelligence:
- Beware 'Trampling Effect' When Market Tops: Strategist
- Expect 10-15% Upside — Or More: Fund Manager
- How To Play China's 'Amazing' Run: Analysts
______________________________
CNBC Slideshows:
______________________________
CNBC's Companies in the News:
Wal-Mart [WMT
Loading...
()
]
Apple [AAPL
Loading...
()
]
Nokia [NOK
Loading...
()
]
GlaxoSmithKline [GSK
Loading...
()
]
______________________________
Disclosures:
No immediate information was available for Burns or Spiropoulos.
______________________________
Data is a real-time snapshot *Data is delayed at least 15 minutes