Friday, July 31, 2009
Yahoo Finance, July 31, 2009
By RuggieWealthManagement @ 11:23 AM :: 1475 Views

Associated Press reporter David Pitt quotes Tom Hepner, investment adviser representative with Ruggie Wealth Management, in an article featured on Yahoo Finance about the stock market’s reaction to quarterly profit reports. Hepner explains that a realistic S&P 500 level is between 900 and 915 and there is likely to be some correction. "I think that the market has overextended itself," says Hepner.