Michael Panzner
Michael Panzner
earnings high higher hints leave market morning moved price reality reflect room seem sexier
Lucent this morning hints at the possibility that you may see other disappointing earnings in the sexier names. The reality is that expectations seem pretty high and the price of the market as a whole has moved higher to reflect that. It doesn't leave a lot of room for disappointment.
asians bring collapsing dollar fed funds helpful interest point raise rates response
He said at some point Asians will bring funds home, which wasn't very helpful ... One response may be the Fed having to raise interest rates to keep the dollar from collapsing as a result.
demand either estate investors moved optimistic primary seeing strong
This suggests one of two things: either investors are unduly optimistic about the sector, or more ominously, perhaps, the homebuilders are seeing strong demand from non-traditional buyers, ... In other words, real estate speculators have moved into the market, replacing owner-occupiers as the primary end-buyers.