Robert Long
Robert Long
brief correction days early few managers portfolio track wanting
We had a brief correction for a few days with some early tax-selling and some portfolio managers wanting to take profits, but we're back on track today.
companies few next strong supporting
There may be a little pullback over the next few days, but many companies have come in with strong earnings, and that is going to keep supporting stocks.
due earnings feeling few last next optimism others people perform seeing tech upbeat
There's a lot of optimism about the earnings due in the next few weeks, and right now that's concentrated in technology, with people feeling upbeat about tech earnings and spending, which is why you've been seeing the Nasdaq perform a little better than the others this last week.
again days few focus gains near people point remain strong
I think we're pretty near the bottom. We need to see a few more days of gains on strong volume, but I think we're getting near the point when people are going to focus again on the fundamentals, which remain really strong.
earnings fairly help knows microsoft report tomorrow
Microsoft tomorrow is the most significant earnings report this week. Everyone knows management's usually fairly cautious, so if they say something really good, that could help things a lot.
earnings fairly help knows microsoft report tomorrow
Microsoft tomorrow is the most significant earnings report this week, ... Everyone knows management's usually fairly cautious, so if they say something really good, that could help things a lot.
capital debt exclusion hard looking matter needs somewhere sort work
We've got to be looking at some sort of debt exclusion for capital needs somewhere down the road, ... No matter how hard we try and work it, there's just no money.
classes couple month until
We'll probably have a couple classes every month until the end of the year.
comments domestic economy employment fed interest next rates reaction report tomorrow whacked
We got whacked on the Fed comments (Wednesday), but that reaction doesn't make sense, ... Don't you think if the Fed is hinting that interest rates will go up sooner, that suggests the economy is doing well? I think the comments bode well for the GDP (gross domestic product) report tomorrow and next week's monthly employment report.
decent earnings focusing genuinely good people reports taking
There are some genuinely problematic reports out today, like Merck, but there's a lot of good stuff, too, and people are taking some pretty decent earnings and focusing on the negative.
expect next volatility
I expect more volatility between now and next Wednesday.
calling coming correction investors people
We've had the correction people were calling for, and now you have investors coming back in.
across bit coming earnings market number responding seem strong terms
Everything's coming in really strong on the earnings front, across a number of sectors, but the market doesn't seem to be responding to it. I think it's just a bit of 'sell the news' in terms of a lot of these earnings.
expect market number positive response sort strong
I would expect a strong payrolls number Friday, and for the market to have some sort of positive response to it, even if it's just very short-term.