So the message here, spread your investments around, ... If you've gotten hurt this year in technology, learn from that and diversify your investments. |
That part of their business was very strong in the previously reported quarter, and that's why the stock is rebounding, |
The [sharp rise in] futures this morning reflected strong earnings, and we do think earnings are strong and the economy is strong, ... It is a possible that if earnings keep coming in strong that there will be a reconnect with the markets and corporate performance. |
The benign inflation data and the belief that the Fed may be closer to the end than had previously been thought has helped the market this week. |
The brokerage earnings are by far the toughest to predict, because so much depends on how their internal investment performance was. |
The chain deflator is something that (Fed chair) Alan Greenspan supposedly watches closely, and it has so far remained pretty benign even while the consumer price index has risen, |
The company he envisions is small enough to avoid antitrust issues, but big enough to be a real player, ... I'd buy stock in that kind of company. |
The company he envisions is small enough to avoid antitrust issues, but big enough to be a real player. I'd buy stock in that kind of company. |
The CPI number this morning sparked a rally in both stock and bond markets, ... But beyond the initial reaction, I think we're going to remain stuck in this range until other issues get resolved. |
The CPI number this morning sparked a rally in both stock and bond markets. But beyond the initial reaction, I think we're going to remain stuck in this range until other issues get resolved. |
The Dow and S&P are down because of Pfizer and the pharmaceutical sector, and oil is still a factor. But the indexes are not down as much as you might think they would be, which to me shows some underlying strength is still in place. |
The Dow continues to outperform, ... This cyclical bias has been pretty consistent the last two weeks, with the exception of yesterday, when technology was participating, too. |
The fear that's out there is forward looking, with people worrying about inflation and what the Federal Reserve might do in the months ahead. So the numbers next week won't help, although we do get a lot of earnings, which is good. |
The fourth-quarter earnings are expected to show growth from a year ago, and there have been very few pre-announcements one way or the other, which is positive, ... But it's not unusual to see this kind of choppiness as traders maneuver around and decide what they want to be in ahead of the earnings. |
The impression is that corporations are being increasingly cautious in their projections for the first quarter, which is a trend that you've seen for the last few quarters. I think the companies are taking current economic and business conditions and projecting them onto the future earnings, rather than incorporating the impact the improving economy might have on earnings. |