Charles Crane
Charles Crane
Charles Spencer Cranewas a businessman and politician in Hawaii...
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.
certainly concerns cooler crew cycle diminished economic evidence few gone greenspan happened housing investors landing last prior raising rates seen soft starting stocks strongest weak weeks
Interestingly enough, the housing stocks have been on of the strongest sectors this week. I think what's happened is that these stocks were weak prior to where we are right now in the economic cycle because of concerns about Mr. Greenspan and crew raising rates still further. Those concerns have diminished. They haven't completely gone away, but they certainly have diminished in the last few weeks as we've seen more evidence of a cooler economy. Hence, you're starting to see investors say OK, we're probably cruising in for a soft landing and housing should do well in that.
busy consider critical extremely good market next react week
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.
benefits domino energy enjoy higher lead oil pack prices sector service tend
The sector that will lead the pack is energy. All energy prices are high. And as one domino falls, many other tend to follow. The oil service sector will enjoy the benefits of higher oil prices too.
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.
against books bottom company ends evidence line looking market mighty modicum prepared similar sooner
The sooner we can line up company A against company B and have some modicum of evidence the books have been prepared in a similar fashion, the better off the market is going to be. Even if the bottom line ends up looking mighty lean.
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.
advice broad calls individual issues market opposed predict trying value
My broad advice is to concentrate on individual issues as opposed to trying to predict where the market is going. Making market calls is of very little value whatsoever.
cause earnings expect few negative surprises
Most analysts expect it to be a bumpy earnings season. A few negative surprises could cause a little indigestion for stocks.
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.
course useful
Of course I'll look at it; it will be useful information.
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.
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.
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.