In the face of geopolitical tension and oil up almost 4% for the day, the market held up extremely well. Today could've been a nasty day, but everything still performed well. This was a decent end to a lackluster week. |
Inflation is not the problem; growth is. |
Intel was generally positive, but I think the stock had run up into the meeting, so that's why you're not seeing much reaction. |
Is it a slow-growth economy? |
Is there still valuation concern out there? The answer is yes, |
Is there still valuation concern out there? The answer is yes. |
It does not provide a great backdrop, at least for now. |
It doesn't really determine that this year is going to be a down year. What it really indicates is the confusion over whether we're in a growth economy or not. |
It has turned itself into a more rational market -- earnings are important and top line growth is important. Stocks have to prove themselves and many of them are not passing muster. There's no need to be a hero and step in front of earnings. |
It is a market looking at the future. |
It is just an affirmation that the Nasdaq represents the growth sector of the investment universe. That is where much money is being put to work the last month. |
It is profit warnings and it's taking down more of the market than it probably should. The profit warnings are very specific to stocks that have not been performing well anyway. |
It is quite astounding. One week revenue-based companies are forbidden (psychologically) from investors' minds and one week later, as interest rate (fears) return, technology (stock) is the place to be because they are less affected. |
It looks like everything but tech is the name of the game. We have a continuing rotation away from technology. People are absolutely concerned about valuations in technology and it is shown again in the Dell report. |
It was a little better than a typical September, but it didn't provide any big positive surprises. |