Alan Skrainka
Alan Skrainka
focus individual investors noise numbers separate week
Individual investors have to separate the statistical noise of week to week numbers and focus on the big picture.
confusion earnings focus future hot interest picture sector tech turns
Techs were hot and everything else was not on confusion about the future of interest rates. When the interest-rate picture is cloudy, the focus turns to earnings. And earnings in the tech sector have been good.
focused interest investors measures rates return seeing value
You're seeing a return to traditional measures of value as investors become more focused on things like (price-to-earnings ratios), interest rates and earnings.
central fact focusing four greenspan increased investors needs rates saying slow work
Investors are focusing on Greenspan and the fact that he said they (the central bank) had increased rates four times and it did little to slow the economy. He is saying more work needs to be done.
continues dominated economic focused goals market remains stay
I think the market remains hypersensitive to these (economic) reports. You should stay focused on your long-term goals and not short-term economic reports, but the market continues to be dominated by fear, uncertainty and confusion.
again brakes earnings few focus investors people seat shifting tap volatile
I think it was a very volatile and directionless week. Investors should tap on the brakes a few times and strap on their seat belts. (Last week) was very earnings driven, and now it's shifting and people are going to focus once again on value.
bond broader fed investors market pushed raise talking weak
The bond market was so weak all day that it pushed the broader market lower. Investors weren't talking about if the Fed will raise rates, but how much.
continues economy market reports rest struggle
The rest of the market continues to struggle with reports that continue to show the economy is too strong.
fed prepare
The Fed often overshoots and I think you have to prepare for that outcome.
costs hopeful inflation labor series serious strong unit
I'm hopeful that we're nearing the end of this series of tightening. I don't think we have a serious inflation problem. With strong productivity, unit labor costs are under control.
ibm looks market unchanged
Take IBM out and the market looks pretty much unchanged on the day.
close five next reasonably relative talking
It's (Johnson & Johnson) very reasonably priced, relative to its prospects, and while J&J may be at a yearly high, again, we think it is pretty close to its five-year low, if you are talking about the next five years.
business economy great happening overall owners small stake stock
Small business owners have a great stake not only in what's going on in the stock market, but what's happening in the overall economy as a result.
acted analysis customers earnings fed growth guess market neutral next overall points practice price promptly service shifting solid technical trend year
We feel we can do a service to our customers if we just get the overall trend right. We don't really practice technical analysis or try to guess the price points next week. But the trend does look like it's higher, because the Fed now is probably shifting into neutral earnings are very strong. And because the Fed acted promptly they ensured we would have another year of solid growth next year. That is what the market is anticipating.