If we started to hit some new lows intraday on the Dow and the Transports, a lot of people would sell because a number of newsletters follow the theory and a lot of fast money trades off the Dow Theory. |
Often it will be in the annual report. Certainly, securities analysts are continuously asking the question to make sure that in fact the companies are up to speed. |
Our sense is there's not a whole lot left in the bond market because we're not worried about recession. We're certainly not worried about profits and so I think the money comes back to stocks before too much longer. |
The fact that hourly wages were so small and, in fact, the work week was down -- it is very positive. It means there are not a lot of wage pressures, not a lot of demands to add new workers. |
The key thing is to remember there's a good cushion of money underlying the market, we're still seeing good flows into mutual funds and there's ample liquidity out there. Remember, we're coming up on earnings reporting season and we expect that to be a pretty good reporting season once again with lots of upside surprises, |
The key thing is to remember there's a good cushion of money underlying the market, we're still seeing good flows into mutual funds and there's ample liquidity out there. Remember, we're coming up on earnings reporting season and we expect that to be a pretty good reporting season once again with lots of upside surprises. |
The semiconductor group is not terribly expensive, ... This is the bottom of the food chain in technology, and that's where you want to be. |
The stock tends to run and then rest, run and then rest, |
Their recurring revenue from the cellular sales is actually doing better than they think. Growth rate may be bumped up, profits looking pretty good, sales looking good. I think it maybe time to start fishing in that pond again. |
There's still plenty of liquidity. Earnings have been spectacular, over two-thirds of the companies reporting so far in the S&P 500 have had upside surprises, ... Remember, strong growth gives you strong earnings. And the key thing is that inflation is still somewhere over the horizon. |
There's still plenty of liquidity. Earnings have been spectacular, over two-thirds of the companies reporting so far in the S&P 500 have had upside surprises. Remember, strong growth gives you strong earnings. And the key thing is that inflation is still somewhere over the horizon. |
These are companies that, through cost cutting, can continue to deliver upside surprises, ... Even if they don't get a lot of pricing help. Which I don't think they're going to get. |
This is one of the great correlations, ... People used to watch this religiously (and) still do. |
This is one of the great correlations. People used to watch this religiously (and) still do. |
Three things out there: very, very positive liquidity, a growing economy, and rising corporate profits. Put those three things together stock prices have only one way to go and that's up. |