Short term, technology has had a sharp technical rebound so I wouldn't be surprised to see technology take a breather. Consistent steady growers could be making a rebound like consumer stocks and pharmaceutical stocks that have had a poor month. |
Short term, the economy may look okay, but earnings look awful. |
Short-term, (the Fed's move) was priced into the markets, |
Short-term, (the Fed's move) was priced into the markets. |
The bad earnings story is a thing of the past. |
The chances of this happening are improving, but that doesn't mean that it's happening right now. |
The Fed is cutting rates and injecting liquidity into the market, ... Financials are doing well because people are expecting a cut in rates. |
The Fed is cutting rates and injecting liquidity into the market. Financials are doing well because people are expecting a cut in rates. |
The focus is on the Fed tomorrow (Tuesday) and whether that will get people revived about the economy. The market is really starting to look reasonably priced for the first time since 1998 -- relative to expectations and where interest rates are today. |
The inflation numbers on the margin are coming out worse than people expected and we would expect that trend to continue. |
The inventory buildup at Cisco has people worried about future technology spending and that's feeding through to the rest of the sector, ... Valuations are still very high in the tech sector so any bad news hurts. |
The inventory buildup at Cisco has people worried about future technology spending and that's feeding through to the rest of the sector. Valuations are still very high in the tech sector so any bad news hurts. |
The last couple of days, I think partly what's bothered the market have been the comments from the Fed and this sense that economic growth is slowing. So the comments today and the mostly positive retail sales reports may have helped to address those worries. |
The low P/E end of the market still looks pretty good. I think this is the kind of trend that could last for a year or two. |
The manufacturing sector is going to continue to show bad news over the next three to six months, but if we get the indication that consumers are starting to buy more, then things like the NAPM will start to reverse themselves later this year, |