How the market interprets some of the earnings next week will be the broader focus. With the employment report out of the way and the inflation report due a ways away, the market will focus more specifically on companies. |
HP was surprisingly strong and that should boost the PCs tomorrow, but AMAT may cut into the semis, |
HP was surprisingly strong and that should boost the PCs tomorrow, but AMAT may cut into the semis. |
I agree that this was a psychological boost because the Fed is freaked that the consumer is starting to back out, and they want to...try to make the Christmas season a little more palatable, |
I am not looking at long-term because it is working against investments. There's certainly going to be an implied warning (by the Fed) which means that we're 'on hold' until August. |
I believe that the future of McDonald's is going to be their international growth. Let's not forget what President Bush is trying to do in Russia. Russia eventually is going to have to be our friend versus all this nonsense terrorism that's going on in the world, ... So, does the overseas market concern me? It doesn't because they are looking to marginalize that growth of 1-to-2 percent and diversify at the same time. I think the bad things are behind it and I like the stock. |
I believe the Asian markets are stabilizing and if you look at the Japanese market, I think the market has put in a bottom in Japan as well and that cannot hurt the U.S. market in the intermediate term. |
I believe the Fed will engineer this slowdown and it won't result in a hard landing, |
I can't see it. Not in the Nasdaq. |
I do believe an investor shouldn't change their philosophy just because it's post-Fed, ... I think the aggressive, more short term oriented philosophy that has worked the first seven months of the year will still be the philosophy until that strategy is proven to be wrong. |
I do believe it's the weakening economy, where cyclical stocks can only gain strength on the anticipation of an economy solidifying, and any evidence of an economy slowing more than expected is not good news. |
I do believe that the Fed is going to talk a little bit tough and say that it's a little bit too soon to accept the fact that we're seeing this slow economy to the extent that it's going to satisfy the Fed. And I believe that is what is going to keep the market in check. And it's another situation the Fed wants to try to control. They do want to keep this market in check. And we're going to have a slowing economy, and it's going to have dramatic effects on how investors look at the investment horizon going forward, at least for the next half of the year as we adjust to this slowing economy and the eventual peak in interest rates, |
I do think [the Bali bombing] is weighing on the market today. |
I don't expect zero earnings growth next year, but I do expect slower growth. |
I don't know where the bottom is going to be, but I am getting more optimistic as each day goes by that we are approaching something. |