Charles Crane
Charles Crane
Charles Spencer Cranewas a businessman and politician in Hawaii...
anxiety area evidence fed growth high investors maybe mounting revenue robust seem technology true
There doesn't seem to be any one trigger. The idea of technology being such a high growth area is true but maybe revenue growth isn't as robust as anticipated. It's more one of anxiety by investors that evidence is mounting the Fed may need to be more aggressive.
good looks market stocks
Even in an overvalued market, you'll still be able to find good stocks to buy. The market still looks okay.
glasses lining months seemed silver
Every silver lining has a cloud. All the glasses that seemed half-full 12 months ago look half-empty now.
along bond couple employment fed gold good hold last news reasonable report stocks
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.
course useful
Of course I'll look at it; it will be useful information.
beach bulls crossed fingers keeping next week
Next week I'm keeping my fingers crossed that the bulls will come back from the beach and do a little buying.
east explosion market middle news sort
News of some sort of explosion over in the Middle East was conveniently coincidental with the market downturn, so I've got to think that had something to do with it.
companies earnings exception growth likely number quarter range rather second visible warned
Second quarter earnings are very likely to be satisfactory in aggregate. A number of visible companies have warned of disappointments, but they are the exception rather than the rule. Earnings growth will probably be in the high-teens range when everything is tallied up.
close earnings fed hope seen
We've seen very satisfactory earnings growth. There's a hope that the Fed is close to the end of its tightening campaign.
four jumping last next seen stocks three
We've seen a lot of jumping around in stocks the last three or four sessions, and I think we'll see more of the same next week.
bias book couple looking market news next period point positive quieter sort summer suspect technology time
I think we could re-write the book a little bit. The other sort of traditional way of looking at the market is that you get a summer rally. And I suspect that we will get a positive bias to this market at some point in time over the next couple of months. However, I do think that you're probably in that quieter period for news and developments in the technology sector.
coming earnings good half meet mind question reality remain second sector seeing technology terrific
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.
advice block bottom investor lottery market noise resist temptation
I think the advice to any investor is try to block out as much macro noise as you can but resist the temptation to think this is a market bottom -- it's a lottery ticket.
basis couple either fed finished further points
I think they are. I think that the Fed either finished its tightening for this cycle, or it has 25 basis points to go in a couple of weeks. I do not see the Fed tightening further in August.