Dow Average Rises to Five-Year High Amid Housing Report – Bloomberg 02-27-13

Salient to Investors:

75 percent of the S&P 500 companies so far reporting quarterly results have beaten estimates. The S&P 500 is at 14.96 times reported earnings versus the average of 16.4 since 1954.

Peter Nesvold at Jefferies says 2013 will be ‘The Year of Transports’.

Read the full article at http://www.bloomberg.com/news/2013-02-27/u-s-stock-futures-fluctuate-before-home-sales-data.html

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