Joseph Battipaglia
Joseph Battipaglia
add continue enthusiasm fuel future investors levels record run starting stocks technology
The enthusiasm investors have for stocks that have rallied us back to record levels will continue in place for the future and now that technology stocks are starting to run again, ... It's only going to add more fuel to the fire.
direction economy giving information market mixed piece struggling
The market is struggling for new direction. Each new piece of information on the economy is giving mixed signals,
changing earnings estimates expecting fact raising reflects technology therefore
The market's done really well considering it's September, ... I think that reflects the changing fundamentals and the fact that analysts are expecting better things from the earnings and therefore raising estimates and issuing upgrades, in particular, in the technology sector.
capital clip companies earnings grow irrational market percent placing rational rewarded unit
The market is being very rational where it's placing capital and the companies that can grow their unit volume, get revenues and earnings going at a 30 to 40 percent clip are being rewarded accordingly, ... I see nothing irrational about it.
context correct include market process proper small work
The market can correct here and work its way down to 7,500. But it's all in the context of proper valuations and a broadening process that will include small and mid-cap stocks.
basis concern evidence leg market next quarter roll third weak
The market anticipated a very weak third quarter. There was concern this would roll over into an on-going problem. Once we have evidence that it is not and the third quarter comes in a little better than expected, that will be the basis for the next leg up,