Maxioms by Douglas Altabef
Earnings have been good, but what you're starting to see is a return to the attitude about earnings that we read more
Earnings have been good, but what you're starting to see is a return to the attitude about earnings that we saw in the late 1990's, where you're seeing more talk about whisper numbers, higher expectations, and a more punitive reaction to numbers that disappoint.
We think one of the more exciting opportunities this year in the market are in the tech sector.
We think one of the more exciting opportunities this year in the market are in the tech sector.
The forecasts for the second-half of the year for the most part seem to support a recovery, but to some read more
The forecasts for the second-half of the year for the most part seem to support a recovery, but to some extent, that's already priced into the market, so you're not seeing that much stock reaction. There's not a lot of conviction and some people will take profits. But I think there will continue to be a moderately upwards bias for the remainder of the year.
The market is in a wait-and-see mode. It's waiting for confirmation of an economic recovery, some kind of resolution on read more
The market is in a wait-and-see mode. It's waiting for confirmation of an economic recovery, some kind of resolution on Iraq and on what the Federal Reserve is going to do in its meeting this month.
On any given day, the market is taking its cue from forecasts and results. Juniper was negative, so that's spilling read more
On any given day, the market is taking its cue from forecasts and results. Juniper was negative, so that's spilling through the Nasdaq. I think, overall, though, the trend through the rest of the year and into early next year will be more positive.