May 2014 Intelligent Investor (Part 3) Opening Statement

Opening Statement from May 2014 Intelligent Investor (Part 3)
First published on May 7, 2014 for subscribers to the Intelligent Investor

Moving past this period, we feel there is a good chance the market could break out above current highs, perhaps by fall (that is not to say we won’t make new highs prior to that period; we are talking about setting new highs during a clear bullish trend). But again, this will largely depend on the big variables. This and other scenarios will be covered in the market forecasting presentation.