We're nearing an inflection point. I think the market will start to work higher as investors become more comfortable with higher oil prices -- particularly if oil can fall below $50 -- and after the presidential election. |
We've had a great rally and I think that's going to continue. |
We've taken a couple of body blows and are still standing. And I think that's pretty encouraging. |
What really happened today is the retail sales report set the right tone, ... It appears that consumer spending is down. |
What unnerved the market the most and will continue to keep moving it was Greenspan's comments about the treasury market, ... The comments basically took a lot of financial stocks off guard, all the banks and brokers. That paired with PPI created a bit of a panic. |
What we have now is an economy that's slowing down, ... I think we're going to see some cyclicality to tech earnings. |
What we have now is an economy that's slowing down. I think we're going to see some cyclicality to tech earnings. |
What's going to be key over the next week and determine how stocks perform is the interplay of pre-announcements versus brokerage upgrades, ... The corporate news will become more relevant than the economic news as we get closer to the period of quarterly reporting. |
What's going to be key over the next week and determine how stocks perform is the interplay of pre-announcements versus brokerage upgrades. The corporate news will become more relevant than the economic news as we get closer to the period of quarterly reporting. |
Whether the catalyst was the cessation of tax selling or just a rally from a truly depressed area, the Nasdaq is attracting some bargain hunting. I would suggest stocks were over discounting shorter-term problems that have already been announced. |
With the exception of the Dow, it (was) eerily quiet, waiting for Cisco's results, ... The Dow is clearly the strongest (today) and it's because there's still a lot of money flowing out of technology. |
With the exception of the Dow, it (was) eerily quiet, waiting for Cisco's results. The Dow is clearly the strongest (today) and it's because there's still a lot of money flowing out of technology. |
You buy the market when the fundamentals are the weakest. I think the fundamentals are turning and I don't think people realize it yet. |
You had to be in tech to win in this period. |
You're going to get a lot more volatility on a day like today, but some of this activity, in combination with the Microsoft announcement, has clearly accelerated the volume on the day. |