Kevin Bannon
Kevin Bannon
Kevin Bannonis a former American men's college basketball head coach who most recently served as head coach at Rutgers University from 1997 through 2001. Prior to that he spent eight years as head coach of Rider University's team and seven more as the coach of Trenton State College. He is a native of Verona, New Jersey, having graduated from Verona High School in 1975, and holds a bachelor's degree in management from St. Peter's College in Jersey City, New Jersey...
advantage again analyze ask beyond buying chance component earnings factor headline investors looking opportunity people reports rocket season shortage sit stock temporary tend terrific
In earnings season especially, people will tend to ask first and analyze later. So I think what investors should be doing is looking at the earnings reports beyond the headline numbers. A stock may be off sharply for a temporary reason, a shortage of a component that is a terrific buying opportunity. A stock may rocket up again for a non-recurring factor that is a chance to sell. Investors should just take advantage of the opportunity to sit back and capitalize.
again attuned companies company confidence consumer earnings good high invest overly pickup quality talking trying ups
Again (with the UPS pick), a lot of the same kind of issues. A company with very, very good quality earnings. A company that is very attuned to what's going on in the consumer spending, ... And a company that has some pro-cyclical elements. We are talking about a pickup in the economy. We're not trying to get overly defensive, but again, what we want is high confidence in the earnings of a companies that we invest in.
ahead basis behind clearly fed job knows neither nor points raise rates time
Everyone knows the Fed will raise rates 50 basis points when it's at one time or two time. I think what you want is a Fed that's on the job and this Fed is clearly on the job and I would say they're neither ahead nor behind right now.
area brings buy easier energy environment good growth leaders power pricing tech
In an environment where growth is going to be slower, where pricing power is not easier to find, that brings you back, I think, to tech and telecom that have been the leaders of the market. Tech is up these days; telecom is down. There's probably a better area to buy in. And I think that energy is a good area as well,
drive prices
What's going to drive prices in the end is earnings,
companies cuts home maybe retailing spent stocks tax
We think some of the retailing stocks are interesting, ... The tax cuts will be spent on companies like Home Depot or maybe Tiffany.
answer believe inflation looks market reason severe stock terrible
Is there any reason to really believe we're going to be in a severe recession, or have a terrible inflation problem? I'd say the answer is no. On that basis, the stock market still looks like a pretty interesting place.
coming economy fed hot inflation maybe notion suddenly worried
After being worried that the economy was too hot and that inflation was coming back, suddenly you have this notion that maybe the economy is a little soft, that maybe the Fed has been a little overzealous.
bond bowl convinced economy investors market might party punch stock stocks
The thing that's weighing on the stock market is the bond market, ... That's because bond investors are convinced the party in the economy is getting too boisterous, the (Federal Reserve's) going to come in and take the punch bowl away, and I think that might keep stocks under wraps here.
fun help party sort travel
Pretty much 90-percent of their travel party has never been to New Jersey. So it?s kind of fun to sort of help out a little bit.
action corporate executive form forthright less people remind
When things go wrong, people just want action and this is action in the form of a deadline, ... It does remind people that not every corporate executive is not being less than forthright with their statements.
good looking sentiment talking
When the sentiment changes, we could probably get a pretty good rally, because that is what we're talking about, sentiment. The fundamentals are looking fine.
companies second uncertain
A lot of companies are kind of pre-announcing uncertain second halves, or disappointing second halves.
activity basically believe coming cut economic economy interest rates releases stopped suggesting tax
A lot of the economic releases are basically suggesting that economic activity has stopped declining, ... With interest rates coming down and the tax cut in the works, you've got to believe the economy will be expanding.