It's the tail end of the month, so the market is probably going to stay in a tight trading range, looking over the shoulder of the bond pit. |
Its a bit of a Nasdaq melt down here, |
Last week, we encountered an ugly week for stocks as the market discounted higher interest rates, |
Last week, we encountered an ugly week for stocks as the market discounted higher interest rates. |
Long-term investors should stay the course, ... No one should be diving into this market with the notion that they'll make fast money because that's not the case. |
Long-term, the stock is a buy, ... It's a solid company and it had some troubles and I think a lot of that has already been discounted. So I continue to like Dell and buy in on pullbacks. |
Long-term, the stock is a buy. It's a solid company and it had some troubles and I think a lot of that has already been discounted. So I continue to like Dell and buy in on pullbacks. |
M&A propelled the market earlier, ... But an upward move in oil above $66 took the wind out of the market in the absence of economic news. |
Many (tech and telecom stocks) are undervalued. If we have a period of slow growth followed by an acceleration in the economy, I think we could see money flow back, and the one thing that's been very consistent in this market is the rotation factor, ... It tells everyone money is not leaving the stock market. |
Many (tech and telecom stocks) are undervalued. If we have a period of slow growth followed by an acceleration in the economy, I think we could see money flow back, and the one thing that's been very consistent in this market is the rotation factor. It tells everyone money is not leaving the stock market. |
Many retail investors were in panic mode, however many of them slowly began to come back to the marketplace as the cloud of uncertainty began to lift. |
Markets are basically in a holding pattern. We had some good economic numbers, but it's Friday ahead of a long Christmas weekend so people aren't going to make much a commitment. |
Mr. Greenspan certainly left the door open about a possible hike. That whole testimony yesterday (Tuesday), while it relieved the market a bit, is being scrutinized today. |
Mr. Greenspan didn't say anything new but his comments were one of the reasons we saw this early spurt take the market up and wane in the afternoon. But when it's all said and done, what the market is really grasping for here is some really good earnings in technology stocks. |
Mr. Greenspan may have just given us some time here. I think within the next 10 to 12 days this market is probably going to consolidate and stay with a 300-400 point range. ... When we get another interest rate cut, then the market can sail above that 9,000 level. |