For Immediate Release

Jim Trippon, publisher of Global Profits Alert, is available for interview, analysis and commentary on the stock market and the future of America.

This article or quotations from it may be used with attribution and reference link to Jim Trippon's www.GlobalProfitsAlert.com.

Contact: Kelley Damiani 800-952-1099 email: kdamiani@trippon.com or simply hit reply to this email.

Wealth Manager Jim Trippon Predicts U.S. Market Volatility Will Continue Until October
Adviser Suggests Strategies to Profit in a Directionless Market


The past several weeks of market action have been a psychological roller coaster for investors, according to Jim Trippon, publisher of Global Profits Alert and a number of other leading investment newsletters.

“The markets’ high volatility gives the illusion that the stocks are experiencing strong rallies or deep selloffs, but when you look at week-to-week or month-to-month closing prices, a different picture appears,” Trippon warns. “Two weeks ago the S&P declined to 1010, and then rebounded to 1102 before closing right back in the middle of the range.”

“The market appears to be showing strong up and down trends in the short term,” Trippon says“, but the fact is we are bouncing up and down within a very volatile trading range.”

Trippon advises, “Trendless markets are always the riskiest due to the emotions they trigger among most investors. When the market gets to the bottom of the range, fear dominates and investors rashly sell out of positions or even short the market only to face a rebound.” But the dangers of making the wrong moves are just as great at the top of a trading range, Trippon warns.

Speaking from his headquarters in Houston, Trippon says the markets have gone nowhere since May 21st, but the large daily swings have created an emotional cloud of confusion.

“Looking back at last week’s action, all of the major indices were hammered after the disappointing consumer sentiment data released on Friday.” Trippon warns, “also, don’t forget that the Financial Reform bill passed last week brought even more uncertainty into the markets.”

The nervousness of the markets was highlighted as the second quarter reporting season got underway. Trippon points out, “there were 23 major S&P 500 companies that reported earnings, with 19 of them reporting better-than-expected EPS. There were fifteen that even beat their revenue estimates! But all companies were punished at the week’s end in a market plunge that spared no sector.”

The second quarter earnings season will pick up this week as a large number of companies release their results. Trippon predicts that, “they will continue to beat most estimates, but the market will continue to operate in the trading range, as ongoing nervousness about the U.S. economy gives investors a hare-trigger mentality.”

Trippon’s final word to investors: “There is only one way to make money in this environment. Trade the range on the upside and the downside!”