Ron Hill
Ron Hill
Ronald "Ron" Hill MBEis an English runner and clothing entrepreneur. He was the second man to break 2:10 in the marathon; he set world records at four other distances, but never laid claim to the marathon world record. He has run two Olympic Marathons, and has a personal marathon record of 2:09:28. In 1970, Hill won the 74th Boston Marathon in a course record 2:10:30. He also won gold medals for the marathon at the European Championships in 1969 and...
ProfessionRunner
Date of Birth25 September 1938
best favor highlight industrial news start time turn
This is a time when you really start to favor industrial conglomerates overall, so if news would turn on GE and Tyco International, that could even be interesting because they're all out there in the same group. But right now 3M actually has the best fundamentals and so that's why we highlight that one,
although float good means money news remain side technical
This is very good news for the technical side of the market. It means there's still enough money to float everything. It's not just the big-cap stocks, although I still think they remain the leaders.
available bad below country drained fail financial flow good growth happening increases june last money news number overall people punished raising rates rewarded since sooner starting supply system worth
We've been raising rates in this country since about June of last year, so we've had over a year's worth of rate increases starting to flow into the market. That has slowly, but surely, drained liquidity out of the overall financial system in America. So money supply growth has been below nominal GDP growth now for a number of months. So what's happening is slowly, but surely, there's just not enough money out there available to make everything go up all at the same time. So that's why rallies fail sooner than you expect, and why you know people get punished more for bad news than they get rewarded for good news,
chance coming earnings good hiatus news quarter second slow tremendous until
We don't have a lot of good news coming in. We had tremendous earnings in the first quarter. Now we've got this hiatus until we see what the second quarter really does. That could give you a chance to slow down a little bit.
affected bank cheap fed hard pushing rates stocks worth
The bank stocks are affected by what the Fed does. If the Fed's going to be pushing rates up aggressively, it's going to hard for bank stocks to significantly do better than the market, ... But I think some of the stocks are cheap enough that they're worth at least nibbling on at this point.
highs lows maybe seen tech
That has a lot of implications for tech stocks, ... Maybe we've seen the highs and lows of the year.
again bit next workout
They've had a little bit of a workout today. We've been here every year, and we'll be here again next year.
maybe met publish scripts
I met with them in June, and they said that out of 1,000 unsolicited, unagented scripts they look at each year, they publish maybe 10.
morris philip stock survive
Take a look at Philip Morris ( MO ), ... I think this stock is going to survive pretty nicely.
companies helps time
That's another thing that helps these companies do well in this time period,
earnings focus good investors key leading money profit raise revision rising short sort stocks support
The key thing here is, we're sort of short on liquidity, so we don't have enough money to raise everything. Investors have to focus on good sectors with leading stocks especially with good earnings revision profiles, and where there's support for rising profit and expectations going forward,
continue drive flow money prices
They'll continue to see money flow go in and drive prices higher,
ahead begin earnings move rest run second turned
We've had one preliminary move in technology, which was an anticipation of (Computer Associates') earnings, the second move is once the earnings have turned and begin to run ahead of the rest of the markets,
assessment balanced beginning bias bottoms definitely economy fed huge inflation major playing ready risk sort stress
Everything's playing into the idea that the stress in the economy is beginning to ease. The Fed will take that bias away from inflation and make their risk assessment more balanced between inflation and growth. I think in all of the major indexes the bottoms have sort of been made here in October, and now we're ready to advance. I don't think it's a huge advance...trends are definitely in the investors' favor.