Jon Burnham
Jon Burnham
change stocks strong tech
The tech stocks are pretty strong and we won't see much change in that,
cuts earnings expected improving interest lower reaction stock tax trend whether
Earnings are expected to be good, and whether you see a stock reaction right away or not, we're still in an upward trend overall, powered by the earnings, the lower interest rates, the tax cuts and the improving economy.
anytime bad everybody expects facts knew knows news nobody quarter
They already pre-announced the bad quarter and nobody knows when this is going to end. The facts are everybody knew Cisco's quarter was going to be bad and no one expects it to get better anytime soon, so the news on Cisco was no news.
acted bush concession corporate market moving news people profits reverse small worry
This kind of news makes the market feel better for the moment, but when you're in this kind of bearish trend, some small concession isn't going to reverse direction. A lot of people thought Bush should have acted sooner. Even with this moving forward, the market has other things to worry about, like the economy, corporate profits and Iraq.
companies hurt retail
Your high-tech companies won't be hurt very much at all (by tighter credit) but your retail companies will be hurt.
earnings economy faster higher improving market people rally
You're not going to see a big rally through the end of the year, but I think the market will go higher than where it is now. I'm optimistic. I think the economy is improving even faster than people realize, and the fourth-quarter earnings are going to be really good.
business days improve later market overall telling
You're going to see some down days here and there, but what the market is telling you overall is that business is going to improve later in the year, ... The market's not always right, but often it is. I think it is now.
change continue happens incredible stocks until
This is an incredible thing that's going on in these stocks and it's going to continue for a while until something happens to change it,
lift market markets move strong trading weaker
If not for the strong earnings, I think the market would be a lot weaker than it is. But that's not enough to lift the market out of a trading range. There's just too much uncertainty for markets to move higher.
company earnings growing
Cisco is a real company with real earnings and growing revenues,
automobile bankruptcy biggest companies company danger declaring ford impact level major problem terms trading
In terms of stocks, GE is the biggest problem today, as is the American automobile sector, ... You've got Ford trading at $7 a share, that's practically bankruptcy level for a company that is not in danger of declaring bankruptcy. And when GE, one of the great, major companies of the world is down, it has a big impact on the psychology.
action bear bleak describe market people time
In a word, I would describe the market action right now as 'Yuck,' ... We're in a bear market for the time being. Things are pretty bleak and people are overreacting to every little thing, but this will pass.
collapse market next sideways
I don't think the market is going to collapse and I don't think it's going to go through the roof. If I had to guess, I'd say the market's going to go sideways over the next two weeks.
money people sell sold time
If I sold Dell every time people said to sell it, I wouldn't have made any money in the stock,