Michael Farr
Michael Farr
Michael Farris a British expert on the comic series The Adventures of Tintin and its creator, Hergé. He has written several books on the subject as well as translating several others into English. A former reporter, he has also written about other subjects...
dropping moving start
Now that the dropping has stopped, when do we start with the moving back up? That is the big question.
defense increased matter spending
But, no matter who wins, we're going to see increased defense spending and a lot of that is already priced into the defense stocks,
argentina bad company economy enron financial nailed poor services
Poor J.P. Morgan. The company has got nailed on everything from Enron to Argentina and bad loans, ... But if we see the economy recover, the financial services will do well.
employers lots people
Lots of employers don't want people around who aren't loyal,
accounts help learned maybe momentum open painful past
Let's get back on that momentum boat, let's see if we can open our day-trading accounts again, ... But I can't help but think, where have you been for the past year? Haven't you learned anything? And wasn't it painful enough for you? Maybe we need some more pain, but I don't think we are going to get a lot more of it.
companies consumer dollars recessions sector spending spent tech trying
We need dollars being spent again, ... Most recessions always end because the consumer turns. I think a lot of it is going to be in the tech sector and the tech recovery. Most companies weren't spending on tech as they've been just desperately trying to make their quarterly numbers.
beginning begins bit july kinds leadership looked market might report rest search seeing shown sort summer
I think we've been in a search for leadership in the market. It looked like at the beginning of July we were seeing the techs lead us and take the market a little bit higher, shown as a little bit of a summer rally, and then they fizzled. And so did the rest of the market. And we've just sort of swooped lower. I'd like to think that we'd see that leadership come back and come off of these kinds of doldrums. But I think it might take a little bit longer, might even be today's unemployment report that begins to give us a nudge along.
bottom cash economy market overall seem seems stock
I think things overall look pretty good. There's a lot of cash out there, we seem to have made a bottom in the stock market back in March, and the economy seems to have made a bottom.
bit drive information looking next
I think we are looking for that next bit of information that's going to drive us.
emphasis hang jobs people warn
I warn people not to put too much emphasis on earnings. Look for jobs where you can hang your hat. Where you can be happy.
bad bear beaten bit bull call company consistent earnings good great healthy investment market met produced seem
I think the short-term indicators probably are not a particularly healthy sign, ... Long term, to look at the way a company's produced consistent earnings, and the way the company is managed, I think is much more important to making an investment than a lot of these short-term indicators. But, in a bull market, there's no such thing as bad news. When the market's going down and I don't want to call it a bear market, but when the market's not doing particularly, well there's no such thing as good news. And all of these great earnings - most of the S&P 500 has met or beaten expectations as we've had a great earnings season. And the market doesn't really seem to care. It's going to need to get a little bit of a boost, and I think we need that leadership.
career interests likely people spend stay successful suits time wise
People are more likely to enjoy, stay in and be successful at a career that suits their interests and skills. For these reasons, they would be wise to spend some time considering what they want.
bank certainly earnings growth liked management murky owned terms values
owned it for some time. We've liked Bank One ( ONE ) for some time. They've been kind of murky in terms of guidance. Management has made some analysts nervous. But we think that the values are certainly there. Earnings growth is there. So, Bank One would be one of ours, too.
bit coming earnings haven money safe stocks
I think you're getting a bit of a safe haven -- stocks with earnings look good. If money is coming out of the Nasdaq, it is going into Dow stocks.