Charles Crane Good Quotations

I think that we are seeing some terrific earnings coming out of the technology sector here in the second quarter. The reality is that earnings are going to remain good in the second half of the year. The question on everybody's mind is are they going to be good enough to meet expectations.

We've had a lot of good news in the last couple of months. Most recently, we had the Fed hold the line, we had another employment report that was reasonable and now we've had gold plunge -- all of which have been encouraging to the bond market. Stocks have come along with the bond market.

Even in an overvalued market, you'll still be able to find good stocks to buy. The market still looks okay.

The growth end seems expensive and the value end doesn't look good either. The overall market has been well supported by enthusiasm for technology but the gloss has been tarnished on the whole technology juggernaut.

The market is extremely high-strung right now and it's going to react excessively to any news, good or bad. Next week is what I consider to be one of the market's critical weeks. It's going to be a busy week.