Positive Company Earnings

Recently, and today included, there have been a slew of earnings reports from the major companies. Apple for example, as expected, posted very impressive results. Most of the data is positive. Many indices are now at or close to 6-month highs. The problem for the amateur investor now is the feeling that buying now could turn out to be buying at the top of a rally. However, if you take a longer period historical view than a couple of months, and go back to say August 2008, the chart will show fairly horizontal for many big-cap companies. I must admit it's a difficult psychological barrier to dip into the market now given the recent rallies.

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