Maxioms by Douglas Altabef
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.
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.
Clearly you're seeing conflicting signs about the economy and the market reacting to that.
Clearly you're seeing conflicting signs about the economy and the market reacting to that.
Profit news continues to be good, and we are seeing some relief from the profit taking of the last few read more
Profit news continues to be good, and we are seeing some relief from the profit taking of the last few weeks. But there is an ongoing tug-of-war between 'we've come too far too fast,' and 'the economic recovery is strong' and you're seeing that played out on a day-to-day basis.
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.
