We had a nice run last week, but we can't go straight up. I wouldn't be surprised to see some back-and-fill. |
we had an upward move for eight to 12 months, and at some point the market needs to consolidate. |
We may be in for a good trading session today. The good news from Japan and a pull-back in oil are positive, not only for companies but for consumers as well. |
We may see some of the capital expenditures spent this year were more or less pulled through from early 2005. All these tech purchases would have been done anyway but they've just been moved forward. |
We need to see a confirmation in the next few weeks. We need another session of gains of 1 to 2 percent for all the major indexes before I'll be confident that this is a bottom. |
We saw a fairly robust rotation out of fixed income and into stocks in the first two days of the quarter. The strength of that took some people by surprise, and now we're seeing markets drifting a bit. |
We see inflation rearing its head across the board. Contrary to what a lot of people have been saying, it's not just energy. |
We very much benefited this year from the still-low interest rates, with the Home Depot's and Lowe's of the world doing well, ... The whole universe of homebuilders and mortgagers did really well, too, but as interest rates continue to rise next year, that's going to dry up some. |
We were in this post-election trading range from November to April, and that broke down, ... The bull market has at least one more major run in it, but I think it's probably going to be sometime over the summer, when stocks get appreciably cheaper. |
We were in this post-election trading range from November to April, and that broke down. The bull market has at least one more major run in it, but I think it's probably going to be sometime over the summer, when stocks get appreciably cheaper. |
We'll see more of the same from the Fed until there's a marked improvement in hiring, |
We've been up for so long since May, two or three weeks of weakness is not a big deal. I wouldn't be surprised if we saw the doldrums of August lead to a nervous September, and that's how we create good buying opportunities. |
We've got a nice snapback today. We got shellacked over the last few days, so it's not surprising to see a little bounce back. |
We've seen expectations cut and cut and cut. When you lower the bar enough, eventually it becomes easy enough to hurdle over. |
What's going on is that fund managers have come to realize that economic growth is slower than they thought and inflation is higher, so they're backing off right now. There's no reason to jump in here and there's lots of confusion about the future. |