U.S. Stocks Fall as Wal-Mart Tumbles Amid Economic Data – Bloomberg 02-15-13

Salient to Investors:

Terry Morris at National Penn Investors Trust said Wal-Mart’s sales slowdown indicates the consumer is not as ready to come back as Wall Street was hoping, meaning the market may be a little ahead of itself.

John Stoltzfus at Oppenheimer said the market is pausing with perhaps a modest downside bias ahead of the March 1 deadline in Washington.

The S&P 500 is at 15 times reported earnings, below its 6-decade average of 16.4.

Read the full article at http://www.bloomberg.com/news/2013-02-15/u-s-stock-futures-fall-as-g-20-meets-herbalife-surges.html

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