I think the market has done quite well in what is supposed to be the worst month of the year, but at some point you're going to run into an overbought condition, |
...There is no scientific way of determining where the Nasdaq bottom is...the money is flowing into safer havens. |
'If it's just one,' that's the whole premise. That this is not the first in a series, this one isolated incident and then we're on to better things. This is a miscalculation. |
[Calling August a] hazy, hot and hateful month, ... TGIO — thank God it's over. |
[Tuesday's] trading will be drab because of meat and potatoes issues, not a Kerry/Edwards combo. |
a buffer to the downside. |
A lot of the market is beginning to resist the downside because it's already been hurt so badly. That's what I think will be the primary factor next week. |
A lot of the results yesterday have been a little disappointing. Microsoft had a decent quarter but was a little below expectations. It was the same with both Amazon and Coke. |
A quarter-point rate hike would send a message of steady as she goes. |
All the sacred cows of one year ago are getting decimated, |
All the sacred cows of one year ago are getting decimated. |
At this point, the task of the component suppliers is to find enough chips to meet the demand, ... But there's always the psychological turning point as to when you begin to slow the demand down. I think that's the problem. I think it's been overdone, and I think the chip stocks are very good buys here. |
Attention will be focused on the statement that follows the 2:15 p.m. ET rate announcement, as it will give us a better indication on the Fed's future course of action. Noteworthy is that the tendency has been for the market to rally ahead of the Fed meeting and to sell-on-the-news after the announcement, ... While the market is advancing, it is on light volume due to this being a Monday in the slow month of August in front of tomorrow's economic policy uncertainty. |
Attention will be focused on the statement that follows the 2:15 p.m. ET rate announcement, as it will give us a better indication on the Fed's future course of action. Noteworthy is that the tendency has been for the market to rally ahead of the Fed meeting and to sell-on-the-news after the announcement. While the market is advancing, it is on light volume due to this being a Monday in the slow month of August in front of tomorrow's economic policy uncertainty. |
Basically, the (people on the) sidelines are coming in. The economic signals are just too strong to ignore. |