Keith Springer Quoted in MarketWatch

President of Capital Financial Advisory Services in Sacramento California Keith Springer Quoted in MarketWatch

US Stocks Close Higher, Led By Tech, Industrial Sectors

SACRAMENTO, Calif. (MMD Newswire) May 19, 2010 -- Keith Springer provides in-depth analysis on the markets comeback as investor confidence rises.

According to MarketWatch's Donna Kardos, "U.S. stocks climbed Wednesday as a strong earnings forecast from International Business Machines lifted the technology sector while companies that benefit from global growth, including DuPont and Caterpillar, rose following reports of better-than-expected economic growth in the euro zone."

"It looks like the bulls are back in charge," said Keith Springer, president of Capital Financial Advisory Services, a Sacramento, California based investment advisory firm. "The stability in the euro zone was definitely a big reason for the rally. Those positive [GDP] numbers are giving U.S. investors confidence to go and step back in to our markets."

The Dow Jones Industrial Average rose 148.65 points, or 1.38%, to 10896.91, its highest close since May 4. IBM led the Dow's gains, up 5.79, or 4.6%, to 132.68," Kardos continued.

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Keith Springer, President of Capital Financial Advisory Services, a SEC Registered Investment Advisory Firm, frequently provides commentary and analysis for various global and national media outlets. He has developed a proprietary process for successfully building tax-efficient retirement portfolios and has been providing specialty wealth management services for over 25 years.