Jon Burnham
Jon Burnham
business days improve later market overall telling
You're going to see some down days here and there, but what the market is telling you overall is that business is going to improve later in the year, ... The market's not always right, but often it is. I think it is now.
change continue happens incredible stocks until
This is an incredible thing that's going on in these stocks and it's going to continue for a while until something happens to change it,
change stocks strong tech
The tech stocks are pretty strong and we won't see much change in that,
changes expect few low major might next picture
I don't expect any major changes next week. There might be a few big days, a few low days, but at the end of the day the picture will look much the same (as this week).
amazon companies earnings employees noticed problems rid starting visibility
I do not see any earnings visibility in Amazon and in fact, I noticed how they are getting rid of some of their employees and starting to do the things that other companies that have problems do,
bet difficult october
October can be a difficult month, so I don't want to bet on October, ... But I don't think it will be terrible.
billions company earning estimates expensive four great ibm internet next others plays research three
IBM Â ( IBM : Research , Estimates ) is another company which I think is one of great Internet plays in the next three or four years, and one of the differences between IBM and others is they're earning billions of dollars. So I think IBM can be bought. I don't think it's expensive here.
certainly growth percent quarter seeing third
We won't see 15 percent growth like we're seeing in the third quarter (of 2005), but I think certainly low- to mid-single digits.
bad bit funds individual market nervous
It's a very nervous market right now. It reacts violently. You have any bit of news, bad or good, and the hedge funds are all over it. That's who's controlling this market, not the individual investor.
acted bush concession corporate market moving news people profits reverse small worry
This kind of news makes the market feel better for the moment, but when you're in this kind of bearish trend, some small concession isn't going to reverse direction. A lot of people thought Bush should have acted sooner. Even with this moving forward, the market has other things to worry about, like the economy, corporate profits and Iraq.
darkest saying
There's a saying that it's always darkest before dawn,
areas explain involved understand
I try not to get involved in any areas that I don't understand or that I can't explain to myself what is going on,
coming news
The news that's been coming out has been awful.
build expect good higher market moving shape whether
Whether we build on the 10,000 or not, I think the market is in good shape and I expect it to keep moving higher through the end of the year.