People have been talking for some time about large-cap stocks, and that's where the money is going today. They want to be in more secure companies that are going to benefit from global expansion. |
Right now it looks pretty benign, with people selling a little after the retail sales numbers, ... Long-term I'm bullish, but I'm getting concerned in the short-term as to what is going to sustain the psychology if the economy doesn't start to show more of a pick-up. |
Right now it looks pretty benign, with people selling a little after the retail sales numbers. Long-term I'm bullish, but I'm getting concerned in the short-term as to what is going to sustain the psychology if the economy doesn't start to show more of a pick-up. |
Right now, the market is in a bit of a fog, as it's being pushed and pulled in different directions. |
Sales were light and that's giving people a reason to take some money off the table after the great run we've had. SAP is hitting other tech sectors besides software because it's a high-tech bellwether that's being hit by something real. |
Short-term, what the market is taking from the GDP report is that inflation is higher, and there's less economic growth than we thought, and that's putting a crimp on things today, |
Short-term, what the market is taking from the GDP report is that inflation is higher, and there's less economic growth than we thought, and that's putting a crimp on things today. |
Stocks are really feeling the brunt of the expectation of higher rates. The market is down not only because of the change in language in the Fed statement, but because the Fed was not clear about the timing of the rates, and the market wanted more certainty. |
Stocks have priced in a lot of good news right now and you're seeing that in effect. Good news is bad news and bad news is bad news. |
That's why you get this blasé effect, ... The breadth is flat so it's really one of those days where it's not really exciting. |
The 2003 rally was on low interest rates and a weak dollar. Now, that's changed. The dollar bottomed in February, and I think people are realizing what higher rates are going to mean for the stock market. |
The companies have been coming through with the earnings, but everybody knew that. People have become accustomed to the earnings being good. There's no surprise element. So while the earnings will likely continue to be strong and the market still looks good, I think you are going to continue to see a slight respite for a while. |
The company, which has been a leader in the industry, failed to make a selling climax Wednesday, ... The stock went down sharply and almost closed up on the day. If a stock was to make a new low and then close higher on the day, in my opinion that would be a selling climax and be positive. |
The confidence number is tomorrow's most significant report, but it's not extremely important, ... People are still refinancing and have money in their pockets, even with the job market struggling. |
The confidence number is tomorrow's most significant report, but it's not extremely important. People are still refinancing and have money in their pockets, even with the job market struggling. |