Sam Stovall
Sam Stovall
anticipate concerned difficult earnings events interest investors rates third trio weak
While it is difficult to anticipate unanticipated events, investors could become increasingly concerned about oil, earnings and interest rates -- the trio of trepidation -- in the traditionally weak third quarter.
seeing
In general, we are seeing things that look a lot better.
cause certainly good increased mean reason run step volatility
Increased volatility can certainly cause increase tension, but that's not a reason to step out. It is certainly white-knuckle time, but that does not necessarily mean the good run has ended.
continue dish higher interest looking people stocks technology
Everyone is looking to dish the technology stocks on higher interest rates, but they continue to show they are not interest-rate sensitive, or at least as much as people would like.
best investment past stocks twenty vehicle
Stocks in the past twenty years have been... the best investment vehicle that's available,
book districts federal indication strength whether
The beige book should give us a better indication of where the strength is, whether it's in all the Federal (Reserve) districts or just one area.
bad coming fourth history looking october percent quarter rises
On average, coming out of a bad September, October rises 5 percent and the fourth quarter rises 4 percent overall. So if you use history as a guide, we're looking for a bounce.
feeling worst
The feeling is the worst is probably over for tech,
far question stocks tech
Not all tech stocks are cheap, ... The question is how far down can the Nasdaq go.
companies good industries investors neighbors prospects recovering
We think investors should own companies like Wal-Mart, like Alberto-Culver and Neighbors Industries because they have good fundamental prospects in a recovering economy,
bit concern stronger
There could be a little bit of a concern if they come in stronger than expected.
adopted approach care consumer defensive either found health investor market november returns worth
An investor who was long the market from November to April, but then adopted a defensive approach by rotating into either the S&P Consumer Staples or Health Care sectors during May through October, would have found ... that the returns were well worth the effort.
both couple economy-and-economics group involved next sensitive situation sort turnaround
Both are involved in a sort of a turnaround situation with the economically sensitive group and I think at least, over the next couple of months, they'll do well,
actual quality rotation
The rotation has more to do with defensiveness and dividend yield, than with the actual quality of the investments themselves.