Charles Crane
Charles Crane
Charles Spencer Cranewas a businessman and politician in Hawaii...
four jumping last next seen stocks three
We've seen a lot of jumping around in stocks the last three or four sessions, and I think we'll see more of the same next week.
bias book couple looking market news next period point positive quieter sort summer suspect technology time
I think we could re-write the book a little bit. The other sort of traditional way of looking at the market is that you get a summer rally. And I suspect that we will get a positive bias to this market at some point in time over the next couple of months. However, I do think that you're probably in that quieter period for news and developments in the technology sector.
glasses lining months seemed silver
Every silver lining has a cloud. All the glasses that seemed half-full 12 months ago look half-empty now.
banker bound central room send time together
Any time you get more than one central banker in a room together the antennas are bound to go up and send a shiver down the market's spine.
enthusiasm expensive gloss good growth market overall seems supported technology value
The growth end seems expensive and the value end doesn't look good either. The overall market has been well supported by enthusiasm for technology but the gloss has been tarnished on the whole technology juggernaut.
bargain compelling concerned heard investors period stories time
I haven't heard any compelling stories to say that this is anything more than bargain hunting. We're in a period of time where investors are going to be concerned about second-quarter earnings, so I wouldn't extrapolate too much from this.
advice block bottom investor lottery market noise resist temptation
I think the advice to any investor is try to block out as much macro noise as you can but resist the temptation to think this is a market bottom -- it's a lottery ticket.
consensus consistent far government less scary seem statistics weaker
All of the government statistics have been far less scary than consensus expectations. (Retail sales) were weaker than anticipated and seem to be consistent with the tone.
close earnings fed hope seen
We've seen very satisfactory earnings growth. There's a hope that the Fed is close to the end of its tightening campaign.