Ken Tower
Ken Tower
almost face factor major nervous people trouble
These are things that people can be nervous about and, yes, they're concerns. But let's face it: the world has trouble almost every day. It's probably not a major factor for our market.
four months moving people seen stocks value
This is pretty much a continuation of what we've seen for four months now. The value stocks are doing better and people are moving out of technology.
absence built cash common explain historical inclined last low might people problem record sideline similar throughout volume weakness
You might be inclined to explain away last week's weakness by noting the low volume and people on vacation, but the historical record of year-end rallies was built on similar conditions. More likely, the absence of sideline cash will become a common problem throughout the year.
chinese hold incredible people torture water
It's only Chinese water torture to people who hold the Dow. For those in the Nasdaq it's an incredible party.
decline good looking market people reaction terms torture water
Finally, the market got a reaction after that water torture of a decline in July. People reacted, which is very good in terms of looking for a bottom.
market order people
Paradoxically you need people to be more discouraged in order for there to be a market bottom.
good jones money people spend spending
Liz Claiborne is one; Tommy Hilfiger is another; Jones New York. There are a lot of them that look good now, ... People aren't going to spend their money on some things, but they're spending it on others.
hearings impact investor people rally
These hearings have an impact on investor psychology, they make people nervous, and that's why we're having a rally at the close.
buy companies highs investment maybe people stock stocks support survive
You want to look at stocks that are making multiyear highs or all-time highs. Those companies have a lot of support out there in the investment community. People think these companies are doing well, but if you want to buy a stock that's up from $1 to $3, maybe they survive and maybe they don't, that's just a riskier approach.
break expect experience market narrow range remain trading trapped
In my experience the market doesn't remain trapped in that kind of narrow trading range for long. So expect the market to break out. But which way?
august averages coming downside larger late leadership left low major presumably sign support trading
I'm left with the sense that this is a trading-range market, not a larger decline. The major averages are now coming down to their late August lows, which are presumably the low end of this trading range. There wasn't any real sign of a reversal yesterday, but support is nearby and downside leadership is poor.
almost cycle moving spending stocks universal
There's this almost universal sense that we're in this big cap-ex spending cycle and the big stocks should be moving on that, but they haven't been.
compelling correction investors likely money month move reason sidelines traders
The correction is likely to go on for another month or two, ... before there's really a compelling reason for investors and traders to move more money from the sidelines into the markets.
above broad low ready sector stay stocks technology turn week
If (Microsoft) can stay above 80, then the whole broad sector of technology stocks may have bottomed out this week and had a re-test low and be ready to turn higher.