Hugh Johnson
Hugh Johnson
Hugh Johnson OBEis a British author and expert on wine. He is considered the world's best-selling wine writer. His 1961 tasting of a bottle of 1540 Steinwein from the German vineyard Würzburger Stein is considered to potentially be one of the oldest wines to have ever been tasted...
ProfessionNon-Fiction Author
Date of Birth10 March 1939
buying sign stock
Individuals are buying stock with the idea that it will become even more overvalued. That's a sign of speculation.
period technology
I like the large-cap technology names. Over a three- to five-year period they are going to be real winners.
hard statements sweeping technology
It's very hard to make sweeping statements when it comes to technology.
attach attribute certainly clear event hard managers money release
It's very hard to attribute it to an event or release because there is none. I certainly wouldn't attach any significance to it. The professional money managers aren't doing much. They want to take a clear look at third-quarter earnings.
correction hope
It's too speculative. I hope that we get an correction soon, it's unhealthy.
call meaningful soon
It's too soon to call it a meaningful trend.
canada coming might run southern time warming year
It's coming from southern Canada. We're in that time of year where even Canada is warming up now. We might make a run at 70 by the end of the week.
amazing consensus shifted wall
It's amazing how the consensus has shifted on Wall Street,
believe continue convinced earnings fed foot growth interest investors migration rates reduce reflection toward until value
It's a migration toward value as a reflection that investors believe the growth rates of earnings are slowing. It will continue until investors are convinced that the Fed will take its foot off the break, or reduce interest rates.
It's disappointing because usually there is a year-end rally.
buy higher offer oil shell
Shell Oil has made an offer to Barrett, ... I think they're going to have to make a higher offer to buy the company.
adapting company compared good great growth high job rather ratio stock thinks trading unusually
That's a growth stock that is trading at an unusually high price-earnings ratio compared to growth, ... It's being priced as a rather racy e-commerce company. They've done a really good job (of adapting to the Internet) -- that company thinks great, they have a great culture.
december higher income personal profits
Their (Exxon's) profits were very strong, and December personal income was higher than forecast.
difference good news number report
The ISM report was good news in two ways. There's a big difference between contraction and a slowdown; and the number still showed expansion.