Robert Philips
Robert Philips
broke call conference group left momentum people tech texas
Texas Instruments' conference call left people pretty cold. That broke the momentum of that group and has spilled over into other tech stocks.
advertising age dollars targeted
Advertising dollars are more targeted to the 25-44 age group.
enjoyment heights maybe optimistic percent rally rise slight
This is a slight pullback from the rally we've been enjoying. But, we're very optimistic for the remainder of the year. We think it's up, up and away. Not to the heights of the 90s, but maybe a 10 percent rise from here.
clarity economic impact lack
And there's a lack of clarity about the economic impact of Katrina.
bond coming earnings falling help prices providing seemed
There are a lot of cross-currents going this week. Bond prices have been falling sharply, but it hasn't seemed to help stocks. Then you've got all the earnings pretty much coming in in-line but not providing many surprises.
talked within
We've talked to him about opportunities within our cluster. It's really in Steve's court.
brief finish good hiatus month
I just think this is a brief hiatus in what will be a good finish to the month and the quarter.
conclusive consumer corporate evidence fix market positive problems rally stimulates stock war
I do think there will be a significant rally once the evidence is more definitive. A conclusive end to war will fix the problems we are having today. A positive end to war stimulates a stock market rally, which stimulates consumer and corporate spending. I think it's the stock market that comes first -- it's always been that way.
biggest hindrance oil parcel pessimism remain underlying
The underlying fundamentals remain decent, but the pessimism is getting higher. The biggest hindrance right now is oil prices, part and parcel with Iraq.
iraq market resolution
The market is technically oversold, so you could see a short-term bounce, but without a resolution to the Iraq question, you're not going to see anything substantial.
bottom corporate economic expected good half hanging maybe people reaction recovery second sick threat unsettled war worries
You've got the whole unsettled war threat hanging over us, a slew of corporate malfeasance, and worries that economic recovery won't be as good as expected in the second half of the year. But people are getting sick of this, which is the kind of reaction you have when a bottom is being set. So maybe that's one positive.
fear market response seeing
The market has been oversold with all the fear. So partly, you're seeing a response to that,
bottom bounce continue couple days likely meaningful next overall process
I think the Nasdaq probably bottomed Monday, and we're in the process overall of making a very meaningful bottom. The next couple of days will likely continue to be volatile, but I think we'll bounce off that bottom after that.
hike issue rate
The overriding issue is are we going to get one more rate hike or several.