Al Goldman
Al Goldman
cyclical profit stocks taking technology
You are getting some long-overdue profit taking in the technology sector, and the cyclical stocks are having their day in the sun.
age-and-aging bull defensive economies growth markets putting start stocks
When bull markets and economies start putting on some age, the bigger-name defensive growth stocks get more attention.
al care defensive economy gore great growth matter money radical stocks supposedly thinks track washington white
Pfizer's a great company, great track record. The economy is slowing, so I think money is going to see defensive growth stocks like the pharmaceuticals and I really don't care what Al Gore thinks about supposedly big drug companies. We're going to have gridlock in Washington and there's not going to be any radical legislation no matter who is in the White House.
bought buck buy dip early earnings economy five friday growth heck internet last looking monday nice offers people prospects reached reason sector selected stocks superior technology trend week
There's only one reason to buy stocks and that is to participate in a company's growth of earnings and I don't know any sector of the economy that offers superior growth prospects looking out two, three, four, five years than technology and selected Internet stocks. It's been working for 10 years now and I'm not going to buck a trend like that. You buy dips. We had one heck of a dip that reached a crescendo last week and people who bought Friday or early Monday have reaped very nice profits.
drop earlier excuse finally good home lock managers provided report sales sell stocks
Earlier this year, home-builder stocks were going up like Superman. Today's drop in the home sales report provided a good excuse for managers to finally sell those stocks and lock in some profits.
days eight flat good looking momentum stocks street wall
The futures are flat this morning. We've had eight days of a good rally. The short-term momentum is still up for Wall Street but stocks are looking extended.
exact inflation moment news quite rally ready remain seem stocks stop
The fundamental news and the inflation news remain quite positive. We had that big six-week rally in October. Stocks at this exact moment just don't seem ready to stop this correction.
bullish mood
I think we are transitioning from a bearish mood to a bullish mood,
bear beginning boat bottom bull creates dock good leaving line markets money mood people straight
People are beginning to feel like the boat is leaving the dock -- there is a lot of money on the sidelines. The bottom line is we are transitioning from a bear mood to a bull mood, but it doesn't go straight up. Bear markets stink, but it creates very good opportunities for intermediate to long-term investors.
turnaround
We do have preconditions in place for that turnaround in sentiment.
bear bowl caps market super
We're already in a bear market for small- and mid-cap stocks. Big caps have been in a Super Bowl market and we are correcting that.
based bull dance expect four good night teenager three
We can't expect it to dance all night like it did three or four years ago. It's not a teenager anymore. But it's still a bull based on good fundamentals.
companies room selling
When you get disappointments on companies that are selling at 60, 80, 100 times earnings, you get more room to fall.
employment paid respects today
We paid our respects today to the employment figures.