Terence Gabriel
Terence Gabriel
concern energy far forward looking numbers october people
There's still a lot of concern about energy prices. People are already looking forward to the numbers in October which are going to be potentially far worse.
area best both chip equipment longer looking makers market term
I do think, though, longer term the semiconductor area, both equipment makers and the chip producers, is probably the best area to be in this market looking forward.
forward looking market neutral stance
The market is still looking forward to discounting a neutral stance by the Fed.
coming earnings market numbers reporting stocks tendency
Especially with the numbers actually coming out, the tendency for this market has been to get out of those stocks reporting earnings a day or two before the report because after they report, it's going to be downhill.
box companies demand either equipment goes market pc produce software tied
So much of the market now is tied to PC demand and all of the other companies that produce equipment that either goes into a PC, into the box or the software which makes them run.
fear market outweigh weather
Downgrades outweigh upgrades and fear outweighs greed. This is not a market that can weather uncertainty and it's been pretty brutal.
along believe bought consumer economy february investors losses moving obviously sitting slow spending stock stocks though volatility
We don't yet believe that consumer spending is going to slow dramatically even though there has been a lot of volatility in the stock market. Obviously there are a lot of investors out there who were sitting on big losses from stocks they bought from February through March. But we still see the economy as moving along strongly.
absolute negative reached sentiment suggest
It does look like we reached a shorter-term capitulation but I don't think sentiment ever got negative enough to suggest an absolute low.
earnings hike rate reports situation
I still think earnings reports are going to be very good. I think we're getting to the end of rate hike situation on the part of the Fed.
built financial good last run stocks three tremendous
Many stocks have already built in good earnings. A stock like Goldman Sachs had a tremendous run over the last two or three months, so my sense would be you'll have a 'sell on good news' for a lot of these financial stocks that have rallied.
appreciation basically billion close dollars measures next nine offers orders potential stock strong versus
Basically for the nine months, they're doing close to a billion dollars in sales. A very strong book-to-bill (ratio, which measures orders versus shipments). I think this stock offers a lot of appreciation potential over the next year.
likely numbers super weak
We think those numbers are likely to be subdued, not super weak and not super strong.
affects bad bear certainly concerned deal east issue leads market middle negative news oil people phase prices saturday worse
We're in a bear phase here, and certainly any kind of negative news out of the Middle East that affects oil prices is going to be another issue that the market is going to have to deal with. Obviously, some people are very concerned that one thing leads to another, and then you get a bad news one day, and worse news Saturday kind of thing.
across companies deliver growth market news pc revenue ripples sales showing unable view
When PC sales are showing weakness, it ripples across technology. You have to view it as very worrisome news when companies like Dell are unable to deliver on revenues. It really is a market that has transitioned to where revenue growth is more important than earnings.