Peter Canelo
Peter Canelo
driver rally strength technology
Technology is the driver here. The strength will continue, and this rally will take us to new highs.
next profit taking
We'll probably see some profit taking going into next month.
government
We still have a lot of uncertainty with Brazil, and with what the government will do or not do.
looked
We looked for that recession. We couldn't find it.
low means technology
But even if you see a low in the technology stocks, I don't necessarily think that it necessarily means we are going back to the races.
control deflation inflation price producer
With inflation really under control and deflation at producer price levels, I don't think they'll do anything.
everybody excited last
Everybody is all excited about this, but the Dow is the last one to go to the party.
clinton people worried
People are worried about the economy. This Clinton thing is not going to go away. It's just starting. The probability of his resignation is 50-50 now.
basically bear break bull market miss
You miss out in a bull market and you basically break even in a bear market.
direction dollar fortunes gone moved
As Clinton's fortunes have gone up and down, the dollar has moved in the same direction.
bonds last market stock three yields
In the last three years, bonds have done OK, with yields around 6 percent. But the stock market has more than doubled.
care fine investors money pull scared
International investors get scared and pull their money out of these stocks. They don't know what impeachment is, they don't care about the fine points. But they're scared.
cycle time
For the first time in this cycle I'm getting a little nervous.
help high market propel
Everybody's doing well and that will help propel the market to new high ground.