We think some of these stocks have had 15, 20 percent pullbacks here and they've become attractive. |
We're always going to have some companies in the morass of reporting companies that aren't up to speed. Generally, the earnings for the quarter are good. |
We're in a funny space. Too much good news is not good news because the market worries about the Fed. |
We've been thinking that the Nasdaq, as an index, would likely outperform a lot of the other indexes this year. It's a lot about secular growth. We're seeing growth in technology. And for the most part, it's been a tech year. |
You're not becoming richer as a result of the split. Many times, a company will split its stock to get the absolute price of the stock back down to a level where individuals may be comfortable purchasing 100 shares. But you know, [when] you split the price of the stock, you [simply] have twice as much stock at half the price. |
You've got good home sales figures showing some decent economic growth, and you've got crude oil prices up. You put those together, and that creates worries that the Fed is going to keep going on rates. |
You've got interest rates on your side, inflation on your side. Earnings look good in the second quarter and we think they will be good for the balance of the year. We don't see the indicators to suggest we've got problems at this point. |