Stocks Higher, But Buyers Not Completely Convinced

April 24, 2014

Stocks are moving higher as many companies have reported strong earnings for the first quarter. Apple, Facebook and Verizon have all turned in good numbers. Doreen Mogavero, Founder of Mogavero Lee believes the reason why stocks aren't taking off is because retail investors aren't willing to take the risk. Many traders believe there will be a correction and don't want to commit new money. Conflicting economic data today hasn't helped bolster investor confidence.