[Even so, he thinks oil exploration and production stocks may still be worth a look. Some of the stocks are trading as if oil is $50 a barrel whereas] oil is at $65 right now, ... So even if oil prices were to fall back, that sub-sector would still be undervalued. |
As the major indexes move near four-year highs, there are some risks for stocks. But the economy is growing at a solid pace, as the payrolls number showed, bond yields remain low and there is still excess of capital out there, looking for good returns. |
Consumers are going to be in for an ugly winter, heating their homes and fueling their cars, ... As a result, consumer spending in other areas is going to change. |
Earnings growth for the S&P 500 continues to be robust, and could end up beating north of 10 percent for the year. |
Gas prices are going to keep rising and that's going to have a negative impact on consumer spending and consumer sentiment. |
GDP will be revised up modestly, but I don't think it will be a big market mover, |
GDP will be revised up modestly, but I don't think it will be a big market mover. |
I think Greenspan basically said the obvious, that long rates are too low and against his desire for the economy to grow ... His comments indicated that the Fed will remain in a tightening stance and that we should see further raising as the year progresses. |
I think if the convention is perceived as successful, and you see the expected bounce in the polls for Bush (versus Democratic nominee, Sen. John Kerry), that might reassure investors and prove a short-term positive for stocks. |
I think now that that is digested, people are looking at some reasonable values; our view is that crude oil prices are going to remain high. |
I think the stock market is digesting a very strong end of the year. |
I think we are likely to remain in a trading range for some time. |
I'm not quite sure how he thought it was an economic deal at $5 ... I don't think that's the case. |
My preference would be to see a dramatic increase in the dividend; I think they'd get more bang for their buck. They clearly have the financial capability to triple it; I think they could attract more investors and get a higher stock price more readily. |
People have been concerned that Intel's margins are in contraction mode, so what they say about that will be noteworthy. |