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.
confidence confusion easy economy investors lack main market mood prime sitting taking turn
Investors are taking the easy way out ? they're sitting on their hands. The main confusion is a lack of confidence in just when the economy will turn up and the economy will improve. The prime mood in the market is one of no conviction.
momentum profit taking
This is long overdue profit taking in the momentum stocks.
benign correction days earnings ended five healthy main market picture profit reason recovering remains rising row sea slowly taking technical three weeks
I think the main thing that's going right for the market is that we still have a very healthy economy, with rising earnings and benign inflation. On a technical side, I think the correction ended three weeks ago. The market has been slowly recovering its sea legs. We had five days up in a row on the Nasdaq composite, and that is the reason why the profit taking yesterday. But the big picture still remains very positive,
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.
bit bull favor market near next odds period powerful remain short term
We have been and we remain in a very powerful bull market, ... in near term basis, the market has come long way in short period of time? and odds favor a bit of a time-out in the next week.
country good likes sam stands street uncle wall war
Wall Street likes it when Uncle Sam stands tall. Wall Street likes a little war when we're in the right. It makes us feel good about our country and ourselves.
earnings economic rally reports strong supported
Today's rally was supported by better-than-expected earnings reports and strong economic data.