Techs took the brunt of the selling yesterday, so that may be why they're performing a little better today, ... There is also a sort of sincere belief that next year, and even in the next six months, tech and telecom will perform better, so that may be reflected in the buying, as well. |
Techs took the brunt of the selling yesterday, so that may be why they're performing a little better today. There is also a sort of sincere belief that next year, and even in the next six months, tech and telecom will perform better, so that may be reflected in the buying, as well. |
That may be a ... distraction, |
The (earnings) numbers are good but they are not great. The atmosphere is different (this week) in that the expectations are a bit higher. |
The [technology] group is still in limbo. |
The air of enthusiasm is starting to seep out of the markets and there's a realization that it's going to take a long time to go from recession to expansion. |
The bears came out this week and didn't spook everyone off. When the market was too weak, there were buyers and as long as there are buyers on weakness we're OK. |
The catalyst for the upside is that these companies really need to start beating earnings estimates. Cash is king, and I think patience is important now. |
The consumer confidence and housing data were hopeful but not enough to reinvigorate a market that needs a break, ... We need numbers to beat estimates. Also, today's data put lots of pressure on tomorrow's (Wednesday's) personal income and (University of Michigan) consumer sentiment numbers to show improvement. |
The consumer confidence and housing data were hopeful but not enough to reinvigorate a market that needs a break. We need numbers to beat estimates. Also, today's data put lots of pressure on tomorrow's (Wednesday's) personal income and (University of Michigan) consumer sentiment numbers to show improvement. |
The damage is already done, |
The damage is already done. Investors are willing to go in and buy on the weakness. There is enough conviction that 25 basis points (one-quarter percentage point) is already built in. |
The Dow [showed] some resolve. I think it [had] to do with a key report on employment that indicates the jobs picture may be firming up. |
The drug stocks are really what's impressing us. They are doing tremendously well. |
The economically sensitive stocks are doing well. Historically, that's a sign that the economy is improving. |