Patricia Chadwick
Patricia Chadwick
catalyst early fed january lower ourselves point rally rates setting
We may be setting ourselves up for a rally in the new year. We'll have a lot of announcements in the very early part of January from companies, which will point to some more disappointment in earnings, and that may be a catalyst for the Fed to lower rates by the end of January.
fast saw stocks
We saw how fast those stocks could fall.
definitely earnings seeing seems seen
There definitely seems to be some broadening out of the market. We're seeing earnings in other sectors that we haven't seen before.
companies hear light
Now we want to hear companies say they have light at the end of the tunnel.
amazing capital changes company few higher housing last margin market products relative return selling
Obviously, the housing market has benefited them, but they're also doing other things. They're also selling some higher margin products, and you can go in and get the upscale products that you need. This company also has done some amazing changes in the last few years: getting their working capital down relative to sales, getting a better return on their investment.
business companies demand happening leader pc produce profits terms
I think a lot is happening in the PC business that I think bodes very well for PC demand and they are kingpin, in terms of being able to produce profits in the PC business. So I think they are the leader for the PC companies and I think that that's where you need to look to them.
best capital high inside large layoffs low mergers outside putting round second seeing wage
I think we are seeing a second round of layoffs if you will in some large corporations. We're also seeing a lot of mergers and acquisitions. And the other thing that we're seeing is: corporations putting their capital where they can get the best return, and often that is outside the U.S. for low wage jobs... inside the U.S. for high wage jobs.
needs optimistic rest stronger yesterday
I'm still very optimistic about stocks, and I think that's where you have to be. But I think it needs to consolidate. And actually, yesterday in the market, the Dow was a lot stronger than the rest of the market.
driver earnings market moving stocks technology
I think technology is the driver for the productivity gains, for the earnings growth. If technology stocks don't do well in this market, you don't have a market moving forward, and I think they are doing well.
amount banking falls huge investment large opportunity seeing
I think that, globally, investment banking is going to be a huge opportunity for the business. We're just seeing a huge amount of activity, and I think that falls right into benefiting the large brokerage firms.
countries cut definitely exciting extremely fact glut happen hear help kinds less oil somewhat stocks supply tends together truth
If in fact the OPEC countries can get together and cut supply, that would be great. I think what tends to happen is when we hear these kinds of announcements, oil stocks do extremely well and yet the truth is somewhat a little less exciting than what the announcement comes out as. But I think definitely they need to cut supply -- there is a glut of oil around and anything they can do should help the oil stocks.
correction couple current fact given less leveling levels markets months necessary percent perhaps reason time year
I don't think we're in a correction but I think we're in a very necessary leveling off period. A correction is probably over 10 percent down from the current levels and I don't think there's any reason for us to see that, but I do think given that the fact that the markets went up 7 or 8 percent in less than two months of the new year that we have to have perhaps have a couple of months time when the market doesn't go anywhere.
bit definitely environment good maybe quiet remains
We're probably in a quiet period, maybe even a bit of a pullback. But I think if you're a long-term investor, the environment remains good and I would definitely remain in equities.
attractive help high interest morgan pressure rates seen stanley stocks
Goldman Sachs and Morgan Stanley are two stocks that I think are attractive here. Those stocks have been under pressure as interest rates have been rising. I think we may have seen the high in interest rates for a while, and I think that could help the whole sector.