As we get through the earnings in the next few weeks, we'll see some positive surprises, which should help stabilize the market. And then, once we get past the election, I think we're going to see a pickup. |
At the same time, there is this increased market volatility that exaggerates these swings. |
Based upon how we've seen retail stocks perform, any continued low (consumer confidence) number puts a crimp in the Christmas spending story, |
Based upon how we've seen retail stocks perform, any continued low (consumer confidence) number puts a crimp in the Christmas spending story. |
Better-than-expected LEI implies a strong economy. It also implies higher interest rates. |
Biotechnology is not going away and if investors are looking for an entry point, this might be it. |
Cisco's story was that inventory concerns and demand driven problems are not fixable as early as Wall Street expected, ... People are understanding the impact of what Cisco said. Wall Street wants to believe things are rosy in that sector and they're just not. |
Don't buy your favorite stock until you see the earnings statement. It's better to have the trend with you than guess at a bottom. |
Don't expect 86 percent this year on the tech stocks, ... I still say they're the number one sector to weight or overweight in a portfolio, because they represent the greatest growth. Your companies at 8-to-10 percent are languishing. Companies with earnings, who cares. It's a 100 times earnings. It's 30 percent growth that matters in this market. |
Earnings are coming in better than expected, and they're helping the market preserve the rally, but the overriding concern to me is high energy prices and what the Fed is doing. |
Either people are going to reposition away from technology and seek a home in the migration away from technology, which is why you have other sectors moving, ... For those who are tech players, it's going to leave those stocks that may have some concerns over future earnings and it's going to stay there. |
Either people are going to reposition away from technology and seek a home in the migration away from technology, which is why you have other sectors moving. For those who are tech players, it's going to leave those stocks that may have some concerns over future earnings and it's going to stay there. |
Either you believe the markets or so don't believe the markets. There's no in-between here. The bulls are very vigorous and the bears are very vigorous. |
Energy prices, which were lower, have turned up. I think we quickly came to the reality that a less-than-expected outcome from Hurricane Rita doesn't take away from the worse-than-expected outcome from Katrina. |
Energy up on a day-to-day basis is a factor. Crude is approaching $70 a barrel and natural gas is up too. |