98 ordspråk av Tony Dwyer
Tony Dwyer
(The report) combined with strong earnings growth and merger activity should lead to the upside for the general market.
|
A lot of people are waiting for that climatic whoosh lower,
|
Bottoms aren't made easily. Nobody wakes up one day and says, 'OK, we're at the low time to buy.' It's a lot of hard work.
|
But that's not to say growth stocks are a sell either. They always grow and ultimately, you are going to make money in any environment.
|
Cash flow estimates, we think, are too low and we have a buy on the stock; we think it can move higher here.
|
Clearly, there is a pent-up demand, but there has to be a reason to buy. We may see a little technical bounce in the next day or two, but it won't amount to much. There's still too much negativity out there.
|
Earnings have grown much more than stock prices. I would be a broad buyer of stocks for the next year.
|
Economic growth is going to be much better next year and that's what's boosting stock prices now.
|
Equities ultimately follow the direction of corporate earnings, which are still heading higher, I think the market has become extremely attractive no matter what [measure] you use.
|
Everybody is done with the year now, so it's just going to be traders that dominate the tape. I think that you're going to see a lot of intraday volatility without much real movement.
|
From a fundamental standpoint, the retailing stocks have been hit pretty hard. Staples is as cheap as it gets relative to where it is historically traded on a [price-earnings] multiple basis,
|
I constantly hear the market can't keep going higher, that this advance has gone too far to fast and that a major decline is imminent. But every time I try to find an indicator to make me want to sell, I find something that makes me want to stay long and get longer instead.
|
I don't know if 'bailing' is the right word, maybe profit-taking is more like it. You have to take into account how much the Nasdaq is up.
|
I don't think you've go out and sell every bank stock you own. I just think you may want to wait a little bit to buy some,
|
I expect double-digit growth in earnings for the third quarter. We always go through these earnings pre-announcements. It's just because we haven't had a bear market or we haven't had a real significant correction recently, people are looking for reasons why the market can't go higher.
|