Benzinga recently had a chance to speak with John Canally, Senior Vice President and Economist at LPL Financial, about the current state of the U.S. economy following the disappointing March jobs report.
Canally discussed the upside remaining in the stock market, which sectors are his favorites and where he sees the next major profit opportunity for traders.
Upside Remaining
The S&P 500 is now about 33 percent higher than it was prior to the Financial Crisis. However, Canally told Benzinga that he sees room for further upside.
“We’re in the middle of an economic cycle, and usually the middle of an economic cycle means good news for earnings, and of course, earnings drives stock prices,” Canally explained.
/www.benzinga.com/analyst-ratings/analyst-color/15/04/5408445/expert-traders-will-make-a-lot-of-money-from-this-market alt=Expert: Traders Will Make 'A Lot Of Money' From This Market Transition>Full story available on Benzinga.com
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