322 ordspråk av Art Hogan
Art Hogan
It's two times oversubscribed, ... That keeps a lot of cash on the sidelines.
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It's two times oversubscribed. That keeps a lot of cash on the sidelines.
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Just because Oracle is up and is optimistic about the future is not getting us excited about everything, ... Nobody's convinced there will be a rebound in the second half.
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Last week energy and interest rates were the focus on Wall Street. It will probably be the same this week, as well as a few mid-quarter updates,
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Last week, we were worried about a sluggish economy, Wednesday it was back to inflation,
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Many are beating lowered expectations, but no one is saying anything good about the future,
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Microsoft's news was put into perspective as the day moved along. The path of least resistance continues to be to the upside for this market.
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My guess is we're going to have some positive action after last week's selling. We're in the last week of the month and the last week of a quarter, so there's some momentum there. If the stream of economic data is as positive as it's been, we're going to see some strength from that.
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Nervousness is building ahead of the one-year anniversary of September 11, and it's bound to continue until we get that date behind us,
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Next week we really kick that (warnings) season off. There's going to be more Gateways out there, and that's not going to help. People will make the argument that a lot of that bad news has been priced into the market already, but it certainly wasn't yesterday.
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No one thinks the Fed is going to raise rates, so to what avail does a benign PPI number do to the market,
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Not to be heartless, but this is very good for Wall Street, ... And I think that is why we are seeing this market take off in the early going.
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Nothing happened in the markets today, ... We opened at 9:30 am and we closed at 4 p.m.
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Obviously we're in an environment with the friendlier interest rates, ... The first sector that does well (after cuts) -- except for the credit card issuers -- is the retail stores.
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Obviously, we are still concerned about how much the economy is slowing going forward. There are a lot of people who aren't making bets on this marketplace.
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