Jon Burnham
Jon Burnham
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.
change stocks strong tech
The tech stocks are pretty strong and we won't see much change in that,
anytime bad everybody expects facts knew knows news nobody quarter
They already pre-announced the bad quarter and nobody knows when this is going to end. The facts are everybody knew Cisco's quarter was going to be bad and no one expects it to get better anytime soon, so the news on Cisco was no news.
cuts earnings expected improving interest lower reaction stock tax trend whether
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.
believes bob crisis fact global leave leaving raging shows washington
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.
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.
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,
sector tech
I still like the tech sector very much,
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,
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).
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.
bad fine good ignoring market pull
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,
coming news
The news that's been coming out has been awful.