We're going to see more software acquisitions at higher valuations. Stocks naturally will trade higher when you raise the bar.
We're going to need to see follow-through from Intel. Good news from Intel could set a tone and start to give those that were most fearful about the outlook for chip stocks less reason to be concerned.
Fundamentally cheap stocks are often held in low regard by market participants. Something may be tainting their perception in investors' minds.
Global stocks bottomed in June 1921, but global economies didn't hit bottom for fully two more years.
Sometimes it takes longer to create value, but if the companies generate more earnings, the stocks will ultimately reflect that.
Obviously, Alcoa really disappointed the market today. But we've also had a big run-up since the start of the year, and considering that, I think stocks are holding up pretty well.
Obviously, Alcoa really disappointed the market today, ... But we've also had a big run-up since the start of the year, and considering that, I think stocks are holding up pretty well.
Nobody's going to buy these stocks on third quarter guidance and numbers.
never got the impression that margin debt was part of the support for Internet stocks until the last two months.
Right now, I've recommended Boeing ( BA : Research , Estimates ) for the last couple of months. I did downgrade that about two weeks on the price move. I still think the stocks continue to perform however, although I think the gains will be modest from here in the near term.