The market continues to react to positive earnings reports, which is always an encouraging sign since we like to see markets react to news – good or bad. Last year the market seemed to defy logic, ignoring negative news, continually trending upwards and lulling investors into a false sense of security. I discussed this fact on Fox Business “After the Bell” yesterday with hosts Liz Claman and David Asman. Links to the appearance are embedded in the pictures below.
During the segment we also touched on Twitter earnings, which dominated headlines yesterday afternoon. While stocks like Twitter may not align with our philosophy at Fort Pitt, I explain why a company like AT&T — with a nice dividend — fits with our long-term portfolio strategy.