John Davidson
John Davidson
follow fully initial jobs numbers people positions positive report seen short suspect
I suspect people have started to recalculate their positions going into the jobs report and they don't want to be short -- they want to be fully invested. If the numbers really follow what we've seen for the initial jobless claims, it could be positive for the market.
commerce continue forward internet security
It is a certificate company. They really give you part of the security for the Internet and the certification is really an important part in the security. I think as you go forward and do more commerce on the Internet they'll continue to be very strong.
likely market near stay
I think in the near term, over this summer, the market is likely to stay in this range. There's a lot going on right now.
confidence consumer continued home reflect sales strength
I think that the home sales and consumer confidence reflect continued strength in housing.
basis economic flip focusing half last news obviously people percentage points ready until week
Obviously people are focusing on the FOMC announcement, ... Up until last week I was ready to flip over to 50 basis points (a half percentage point) but we've had some economic news that's been pretty good.
bond expectation focused market number people react report retail sales saw strong today week
I think the most significant report for the whole week is the retail sales number tomorrow. You saw the bond market react today in expectation of a strong retail sales report, and I think people will be focused on that tomorrow.
ceos crisis cuts help people process rate signing
But ultimately, rate cuts are not going to help the crisis of confidence. This is a process that is going to take a lot of time. We need to see CEOs signing off on the earnings. We need to see people getting prosecuted.
assumption beyond certainly current economic environment looking maybe people report
I think people are looking beyond the unemployment report and into the future, ... The current economic environment is certainly weak, but maybe there's the assumption that it will get better.
beat certainly companies concerns few housing numbers penny positive
The housing numbers were certainly strong, so that should have been a positive and a few companies beat by a penny or so, but geopolitical concerns are overweighing everything else,
changed energy word
Literally, the only word that changed was the word 'earlier' before energy prices.
changed companies earnings good greenspan growth mostly rather reporting seeing showing start suggested verge
This has been a pretty good start to the earnings reporting period, with about two-thirds of the companies topping estimates, but I don't think anything's really changed yet, ... Greenspan suggested that we may be on the verge of a growth period, which would be significant for earnings, because mostly what you're seeing now are companies showing improvements on cost-cutting, rather than real growth.
hearing offered players point starting
Salaries are going to come down. I'm hearing the players have already offered a 5 percent give-back, so that's the starting point for negotiations.
family rangers rough york
It's a family around here. The New York Rangers are a family. It's a rough day.
continued continuing despite economy expansion last percent question reflected report returns saw stocks whether
Despite the decline, the ISM report was very positive, and what you can take away from it is that the economy is continuing to expand. The question for 2004 is whether that continued expansion has already been reflected in the 25 percent returns you saw in stocks last year.