A lot of the gains are due to the earnings story. I think the market can deal with one or two more interest rate hikes and believe that the Fed is not going beyond neutral. |
A rebound in energy (prices) could be one of the excuses for a mid-December trading peak (in stocks). |
A worse-than-expected number tomorrow will discount what happened this week. If we get an inflationary number, the market will go down, but I think it all clears up by mid-June. |
After last week's great run, the market is directionless, ... We're somewhat hostage until we get more proof that the economy is slowing. |
After last week's great run, the market is directionless. We're somewhat hostage until we get more proof that the economy is slowing. |
All eyes will be on Microsoft to see where they come out based on the Goldman (Sachs) downgrading. |
All eyes will be turned to the Fed. The market will be driven in and around the Fed meeting ? it could be a sell on the story because 50 basis points (a half-percentage point) is already built into the market. |
All the non-tech players have been hiding out and making money, but now that's starting to wither away. |
And (Chase) is trading at 10 times next year's earnings. I think the stock is very cheap from a valuation basis, and it's not something that will move immediately. There are cost restructurings to go into this merger; but over time, I think the stock looks good. And I have a 12-month target of around $60 on that, |
And (Chase) is trading at 10 times next year's earnings. I think the stock is very cheap from a valuation basis, and it's not something that will move immediately. There are cost restructurings to go into this merger; but over time, I think the stock looks good. And I have a 12-month target of around $60 on that. |
Any conglomerate is going to come under question. |
Anybody who has all their money in one sector is making a big mistake, |
Anything goes this week. You had a great week last week and it shows there were buyers willing to come in just on the thought of stabilization. |
Anything that shows the economy is slowing will be taken very well by the market. But the Fed is still out there and I don't think we should get used to the (idea) the Fed going to stop (raising rates) in June. |
As long as we continue to see good earnings and the reaction to good earnings positive, then you will see Nasdaq as the sector of choice. The Dow is being weighted by this conflicting (economic) story -- stronger consumer spending and OK-looking inflation numbers. But the tech (sector) is merrily rolling along. |