The market remains concerned with the progress of the earnings beyond the second quarter. |
The market's already nervous and the semis (semiconductors) have cracked, |
The market's already nervous and the semis (semiconductors) have cracked. |
The markets are really going to be determined by what the Fed has to say. We'll be looking for more definitive talk from the Federal government and (Alan) Greenspan to get some indication of what the Fed is really thinking. |
The markets do not like global crises, whether they're political or economic. They do have ramifications in the world. Our export market may be hurt somewhat due to that. |
The media sector is a great sector to be in, |
The moves in media stocks are never earnings based. |
The Nasdaq broke its support levels last week because of IBM, Cisco, and Computer Associates. The S&P was weighed down by its tech exposure. Another key story next week is whether the Dow follows the rest of the market or can it continue to hold in the gains. |
The Nasdaq is a different ball game. It's not a credit-sensitive sector. |
The next three percent move for the S&P could be up, and that would take us to important resistance levels. The question is what is the bias beyond that, what is the next five percent for the market? That's not clear. |
The number is going to be received as neutral. There was worry that something stronger would keep the [Federal Reserve] going. This came in at a very sweet range. There is a bit of concern with a bit of wage inflation, which corroborates yesterday's poor productivity numbers. |
The numbers look good, but it's two quarters in a row that analysts are skeptical about how they're reporting their numbers. |
The only way I can see why the market is not reacting to several negatives out there is the anticipation of one more (rate) hike and we're done. |
The P&G story is a lot more significant than just its relationship to P&G. |
The payroll numbers were extraordinarily supportive for the economy. But counter to that, the report brings back the Fed and inflationary prospects, and that's why you see just a modest up day. |