The Week Ahead: A September Buying Opportunity?

To the surprise of the apparently cautious Wall Street analysts and hedge fund managers, stocks continued higher last week. Fund managers are holding a higher level of cash as they have a list of reasons why stocks can't go any higher. In last week's column Are Wall Street Pros Too Negative? I pointed out that a recent survey of Wall Street strategists revealed they are recommending that their clients have just 51% in stocks. This is a level that has signaled a 22% gain in the following year. Th...