Buy for Now, but Stay Tuned for Overbought Signs

Since 1984, Stephen Todd has been the editor and publisher of the Todd Market Forecast, a monthly newsletter with emphasis on the stock market, but also with sections about gold, oil, currencies and bonds. Mr. Todd spent a number of years as an engineer in a steel mill before becoming a stock broker with a number of firms, including E.F. Hutton, Bache and Paine Webber. He has published articles on the economy and the stock market in Barron’s, Stock Market Magazine, Futures Magazine, The National Educator and others. His stock market commentary is heard on CNBC, Bloomberg, Associated Press Radio, Business Radio Network, CKNW in Vancouver, British Columbia, KFWB, Los Angeles and ROBTV in Toronto, Ontario.