NEW YORK (TheStreet) -- After starting 2014 with a three-day losing streak, equity markets are higher on Tuesday.
Asked by TheStreet's Gregg Greenberg if stocks had regained their momentum, Jason Weisberg of Seaport Securities said they had never lost it in the first place.
Elaborating, he said investors don't want to see stocks rocket higher. Instead, they would rather see equities make gradual moves higher before pulling back a bit and resuming the uptrend.
Some high-flying stocks, including Netflix (NFLX) and Twitter (TWTR), have hit a bit of a rough patch, Weisberg said. Although Twitter still hasn't proven itself to the market, he said the stock, and social media in general, should enjoy a strong 2014.
As for the upcoming earnings season, Weisberg said many investors are focused on rising interest rates. As long as rates do not rise incredibly fast, there is no reason equities should be adversely affected.
He suggested investors put more emphasis on corporate guidance rather than the earnings. If the guidance is good, the stocks should do well, Weisberg concluded.
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