I can't say this is the bottom, but things are lining up better than they have in the past. |
I don't know if you're aware of it, but we're losing Lake Tahoe. |
It was a frenzy that got out of hand, ... The certifications calmed things down. |
It was a frenzy that got out of hand. The certifications calmed things down. |
It's very confusing. But the markets have sold off so considerably that they're more balanced now. |
Overseas markets are up strongly and the S&P 500 is trying to rally. So I hope bond yields don't get carried away and cause further risk to stock prices. |
Some of those pressures on energy will ease in another month or so, hopefully, ... Stocks aren't a commodity. We have longer expectations. We're looking past the 50-cent increase (in gasoline prices), and that's why stocks can withstand it. |
The initial reaction will be a knee jerk down. But there's enough momentum here at the start of the year that people are looking to buy the dips. |
The market is getting toward the October lows, ... but there's still a sense of complacency. As far as sentiment is concerned, we're in a lukewarm area, not red hot. |
There are some subtle signs of change. People should pay attention to them. |
There is this concern over Aug. 14, ... It might be used as a catalyst for selling. |
There is this concern over Aug. 14. It might be used as a catalyst for selling. |
There seems to be some stabilization. Stocks that were collapsing just aren't acting that way anymore. |
There's an incentive to try to collectively move prices higher at the end of the year. Investors don't want to be caught short. |