Patricia Chadwick
Patricia Chadwick
almost alone believe driver drivers financial growth interest lead market needs produce reason reasons remember rest services slightly states supplies technology united
I believe that two sectors that will lead the market are technology and the financial services for two slightly different reasons -- interest rates, and the other reason just being the drivers for productivity and growth in the economy, and profits. And I don't think that that has changed. I think it's one of the things that is really important about technology. Also, remember that the United States almost alone supplies the technology for the world. We produce just about all the new technology. Do we manufacture all of it right here? No. But we are the driver and the rest of the world needs our technology.
earnings prospects suddenly tech
The prospects for tech did not suddenly deteriorate. In fact, tech earnings have been very good.
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.
companies future market quarters saying start waiting
Right now, we're just digesting. The market is waiting for companies to start saying that future quarters are going to look better.
activity corporate drive european merger profits slow waiting
We have been waiting for European recovery, and it's been slow in coming. I think it is coming, and I think that the merger and acquisition activity in Europe is going to drive corporate profits higher. So I think there are some real opportunities in Europe.
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.
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.
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.
companies hear light
Now we want to hear companies say they have light at the end of the tunnel.
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.
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.
fast saw stocks
We saw how fast those stocks could fall.
auto companies hard period
The auto companies have done really well and I think it's hard to see a continuation of that for a long period of time.
market number
It's just another number that the market will go through.