U.S. Stocks Fluctuate on Fed Comments, Economic Reports- Bloomberg 06-28-13

Salient to Investors:

Robert Pavlik at Banyan Partners said the message various Fed governors are trying to send is no clearer than what was talked about by Bernanke last week, and sees no reason to buy on the pullback, and since there was not much follow through at least on the institutional level.

Jeffrey Lacker at FRB of Richmond said financial markets will remain volatile as policy makers debate tapering.

Michael James at Wedbush Securities said the only thing we can count on for next week is continued trader-driven volatility, in both directions.

Read the full article at  http://www.bloomberg.com/news/2013-06-28/u-s-stock-futures-advance-pfizer-gains-as-nike-declines.html

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