Vince Farrell
Vince Farrell
benign euphoric greenspan market thinks yesterday
We had a euphoric day yesterday because the market thinks Mr. Greenspan is going to be benign today,
aol calming ceo gang happens market matter
No matter what happens (incoming AOL CEO Richard) Parsons and gang are going to concentrate on calming market expectations. Period.
corporate economy market profits recover sooner stock telling
What the stock market is telling you is that the economy and corporate profits are going to recover sooner than thought.
absolutely confidence economic market mixed profits side start whatsoever
The data's mixed on the economic side but we have absolutely no confidence whatsoever when profits start to grow. And I think we need that before the market can improve.
best company financial indeed insurance market stocks trades
AIG trades at a market multiple, and it is indeed the best insurance company in the world, in my opinion. But financial stocks rarely, if ever, trade at market multiples.
absurd broaden difficult ghost markets money point reached stocks tech undergoing
I think it's going to be a difficult year. We're undergoing a change. I think the markets will broaden and some tech stocks will suffer. In my opinion, they've reached a point of absurd valuation. These stocks are going to give up the ghost with money going into other stocks.
bond expect fed market might policy rally tilt towards
I think today, at worst, the Fed might tilt towards a tightening. But if they don't, if they keep policy unchanged, I would expect you would see . . . the bond market should rally significantly too.
august believe buy dull good market quiet rush sell short time
I think they should be very, very cautious. There's no rush but if you have some cash, now is the time buy selectively, ... I believe we're going to have a very quiet August but there's an old rule: Never sell short a dull market because you usually get pretty good rallies.
annual declining increasing inevitably percent price production rate
Production is declining at about a 4 percent annual rate right now while consumption is increasing between 2 and 4 percent. So inevitably the price is going to have to go up.
companies expected sell tech
The tech companies are going to have to be a lot better than expected to keep this up. I say sell this tech rally.
found relief reports
We had a little relief rally. We got through the quarterly reports and found out we were still alive.
average bottom encouraged individual process stocks
I was really encouraged by yesterday's move. I don't know about the average - the average is in the process of bottoming - but it may well be that the average can kind of bottom out, individual stocks are going to go off on their own, up or down.
average bottom encouraged individual process stocks
I was really encouraged by yesterday's move, ... I don't know about the average - the average is in the process of bottoming - but it may well be that the average can kind of bottom out, individual stocks are going to go off on their own, up or down.
ability continue dollars great impact oil profit service
Most of the exploratory dollars are going to go to the great big prospects. And I think this will really impact the oil service companies' ability to continue their profit growth.