Ned Riley
Ned Riley
commentary everybody geared hope investors knows miserable optimism quarter second toward
Everybody knows the second quarter is going to be miserable but there's a sliver of optimism on the part of investors that would hope that the commentary would be geared toward a better scenario.
dead people period quarter
This is sort-of the real dead period for the quarter and it's also the summer, and a lot of people are on vacation,
companies corporate future governance quarters side tendency terms
But after all the corporate governance issues, there's a tendency now of erring on the side of ultra-conservatism in terms of what companies say about future quarters and that's going to continue.
april assert names people quarter tech
We're at the end of the quarter and people are consolidating a little bit. April could look better if we can see some tech names assert leadership.
casualty dismissed momentum mostly numbers pick profits quarter reverse war
The profits numbers will be mostly dismissed in the first quarter as a casualty of war. Now we'll see how much momentum we can pick up from the reverse of war negativity.
next picture profits quarter telling year
I think by the first quarter of next year you're going to see a much better profits picture and that's what the market's telling us here.
certainty front level point quarter technology third turning waiting
I think they're waiting for Cisco, but they're also injecting their own level of certainty about the third quarter as being the turning point for the front end of technology stocks,
earnings grow growth level ratio reasonable relative stock
I like Merck, in particular, because here's a stock that's retreated dramatically from its high, but still has its earnings growth-rate intact, ... This company, I think, can grow about 13 to 15 percent. And its price-to-earnings ratio now is getting down to a level that I think is very reasonable relative to its long-term growth rate.
environment fairly greenspan market react reluctant revisit strong talk
I'm reluctant to revisit things like talk of the 'Goldilocks economy,' but what I think you did see the market react to is Greenspan outlining an environment that is balanced, but with a fairly strong upward bias,
accounting automatic ceos community companies exercise experience investing rote seemed taking totally treat uplifting viewed
It's something of an uplifting experience for us in the investing community to see that companies really are taking their accounting seriously. An exercise that CEOs seemed to treat as rote and automatic is viewed totally differently.
clearly ebay followers given guidance help mercy rest
EBay was given no mercy after hours. Followers were very dismayed by the guidance and that clearly was no help for the rest of technology.
clearly news payroll
The big news is clearly the payroll report.
bad fully news stocks
The bad news could actually be fully discounted in the stocks themselves,
consumer enron fallen less market notion number perspective retail sales today
The retail sales number today reinforces the notion that the consumer hasn't fallen apart. Today's market is encouraging from the perspective that there is less of an Enron hangover.