Jon Burnham
Jon Burnham
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,
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The tech stocks are pretty strong and we won't see much change in that,
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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).
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In a word, I would describe the market action right now as 'Yuck,' ... We're in a bear market for the time being. Things are pretty bleak and people are overreacting to every little thing, but this will pass.
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It's not good news that we've broken through the July lows but analysts are pouncing on every stock, including the greatest names in the business such as General Electric. We've seen some unbelievably disappointing calls on some heavy-hitting names,
unknown
The big unknown in this is the geopolitical situation,
lift market markets move strong trading weaker
If not for the strong earnings, I think the market would be a lot weaker than it is. But that's not enough to lift the market out of a trading range. There's just too much uncertainty for markets to move higher.
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The Fed is our friend. They are going to reduce interest rates by as much as they need.
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Earnings are expected to be good, and whether you see a stock reaction right away or not, we're still in an upward trend overall, powered by the earnings, the lower interest rates, the tax cuts and the improving economy.
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We've had a good run-up, so it's fine to pull back a little. The important thing is that the market is ignoring bad or lackluster news. You don't see that when something tops, just at bottoms,
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Bob Rubin did not feel he could leave Washington while the global crisis was raging on. And the fact that he's leaving now shows us that he believes the crisis is well under control.
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Easing rates will not improve the situation but increasing liquidity will. The central bank needs to get money into the system. I think the economy has problems but it's not going into a depression. It's corporate America that's doing everything to undermine investor confidence. Corporate malfeasance is horrendous.
america bank central corporate easing economy improve increasing investor money needs problems rates situation undermine
Easing rates will not improve the situation but increasing liquidity will, ... The central bank needs to get money into the system. I think the economy has problems but it's not going into a depression. It's corporate America that's doing everything to undermine investor confidence. Corporate malfeasance is horrendous.
easing improve increasing rates situation
Easing rates will not improve the situation but increasing liquidity will,