19 ordspråk av Cummins Catherwood
Cummins Catherwood
A couple things this morning are being driven exclusively by the option expiration tomorrow. It's just a fact of life that you get some abnormal activity in the week before, and certainly the week of, the option expiration.
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All of corporate America is going to use Katrina as an excuse for all of their problems.
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Clearly, the signal event of the day was the explosion in Saudi Arabia, which provided some excitement in energy. But we're clearly in a place where people don't want to own the wrong stuff over the weekend. Everybody's sort of meandering along.
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I expect a mildly positive day. Without a doubt we are beginning to see earnings figures, and they have been more positive than negative.
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I wouldn't go near that sector now because we're in the process of unraveling,
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I wouldn't go near that sector now because we're in the process of unraveling.
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It's better that it's up than down,
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People are hoping it's only going to be as bad as they said it would be.
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Texas Instruments is hitting a new high and that's always encouraging. There are these points of light that are stimulating interest in technology, and it's a developing trend that's positive.
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The crude inventory figure is pushing up oil prices and that is hurting the markets. That is preventing investors from being too euphoric.
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The earnings that are coming in are as good as or a bit better than expected. When you see that, it tends to pump up the market's mood a bit.
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The last couple of days, most of these reports have been pretty disappointing, and I was beginning to feel that maybe the trend was not our friend.
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There's concern about the ramifications of the Delphi bankruptcy.
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These businesses will go from being great to being pretty good and expectations are being dashed. This is a very tough time for people in the investment business to make returns.
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We still keep seeing better-than-expected earnings. That gives me encouragement about our economy.
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