Crank that into a market and it will drag lower than whale droppings at the bottom of the deep blue sea. |
Drug companies are being hit by the Merck trial. But since their valuations are still cheap, we might see a sharp rebound in their stock prices soon. |
Earlier this year, home-builder stocks were going up like Superman. Today's drop in the home sales report provided a good excuse for managers to finally sell those stocks and lock in some profits. |
Earnings are ancient history. The first quarter is under our belt. The market is now looking to the fourth quarter and ahead. |
Everybody knows that the economy is going to do better sometime, that the stock market will recover sometime. It's a question of when you are ready to make a bet. |
Fluctuation is normal after a run-up. The economic news is not good and it's not going to be good for a while, but we are in recovery mode. |
I think that markets are doing well considering everything we're going through. We're going to be in a tight trading range with a few pops upward here and there for the next few weeks, but we're going to come out of this (period) better off. |
I think the main thing that's going right for the market is that we still have a very healthy economy, with rising earnings and benign inflation. On a technical side, I think the correction ended three weeks ago. The market has been slowly recovering its sea legs. We had five days up in a row on the Nasdaq composite, and that is the reason why the profit taking yesterday. But the big picture still remains very positive, |
I think we are transitioning from a bearish mood to a bullish mood, |
I think we are transitioning from a bearish mood to a bullish mood. |
I think we could see the Dow close at 11,000 and the S&P close at 1,300. We could get some bad news but based on what I know right now, I think those are reasonable levels to attain. |
I'm very optimistic on the long bond. The fundamentals are there and the technical underpinnings are still positive. |
IBM ( IBM : Research , Estimates ) is a very well-managed company, it looks to us like the shares have made a bottom, that the short-term trend is improving, that momentum is improving. And the company has had some disappointing comments to make. But that's already in the price of the stock. And the stock is down some 40-ish percent from its high, and very well managed. |
If we find him dead, I think the Dow goes up 100 points and it's a short-term top. If we catch him alive, the market goes up maybe 50 points and then goes down. |
Investors are taking the easy way out ? they're sitting on their hands. The main confusion is a lack of confidence in just when the economy will turn up and the economy will improve. The prime mood in the market is one of no conviction. |