Phil Dow
Phil Dow
cut markets move neutral
If you have any kind of cut or a neutral bias, the markets will move higher.
balance earnings forward guidance looking market positive response subdued
If you look at the earnings so far, we've had on balance in-line or mildly positive surprises. Yet the guidance going forward had been guarded. If that continues, you're looking at a more subdued market response this week.
basically equal last percent portfolio run three track versus year
If you look at our portfolio that we run here with a three-year track record, basically it's equal to the S&P the last three years. This year we're down about 1.8, 1.9 percent versus an S&P that's significantly more than that down.
economy hopefully slowing summer technology
Hopefully we'll see the economy slowing down by the summer and technology will take off.
fed learned people predicting
You've got some pretty learned people right now predicting a Fed pause.
best group name recent relatively value
Anadarko is down relatively dramatically in the recent week, ... For value, we think the best name in the group is Chieftain International.
main problem technology worse
The main problem is things keep getting worse in the technology space.