Al Goldman
Al Goldman
companies dramatic good message normal pause pulling rally
We've had a dramatic rally this year, and we're getting a normal pause today. The companies that are pulling back are the ones that have had very good runs. So far, that's the message of the market.
early emotions extremely fear gain greed highs march market people reached reaching record rule stock year yelling
Two emotions rule the stock market ? one is greed and one is fear. In March 2000, greed was extreme, the market was at record highs and people were yelling 'where has this gain been all my life?' But by February, early March of this year (2001), fear had reached a an extremely high level, reaching a crescendo on March 22.
age-and-aging bull defensive economies growth markets putting start stocks
When bull markets and economies start putting on some age, the bigger-name defensive growth stocks get more attention.
correction early economy economy-and-economics four inflation market message pressure strong tank today
We've had a strong economy for four years now and no inflation, so I don't see inflation as a problem, ... The market went into the tank early today because the message was our correction just wasn't over yet and then, of course, pressure from the techs.
employment paid respects today
We paid our respects today to the employment figures.
bit bull favor market near next odds period powerful remain short term
We have been and we remain in a very powerful bull market, ... in near term basis, the market has come long way in short period of time? and odds favor a bit of a time-out in the next week.
confidence earnings gone low per share wall win
It is understandable why confidence is so low with what's gone on in Wall Street, but at the end of the day earnings per share will win the day.
factor internal market momentum next number points week
The number one factor next week will be the market's own internal dynamic. In other words, how much more momentum does the market have after going up 1,000 points in one month?
blue bottom crank deep drag lower market whale
Crank that into a market and it will drag lower than whale droppings at the bottom of the deep blue sea.
christmas confidence consumer ought people
Consumer confidence is a blow-out number. It also ought to make people feel better about Christmas sales.
close ending far fed hike news rate support today
The news so far today would support those who think the Fed is not close to ending its rate hike cycle.
numbers
The numbers are very significant for the markets,
bear bull dead mood
It's not going to be a one-way trip. But the bear is dead and we're transitioning from a bear mood to a bull mood.
catch change glass good half last market modest month mood rally shift
The big change in this market the last month or so has been a mood shift from 'the glass is half empty' to 'the glass is half full', and that's why we've had a good rally and a very modest time-out to catch our breath.