Sam Stovall
Sam Stovall
additional continue earnings economic fed fuel investors likely lower negative numbers rates whatever
Investors are going to look at whatever economic numbers come out and say is this additional fuel for the Fed to lower rates in March. Earnings are going to continue to come out and they're likely to be negative so you're going to have earnings weighing on the market.
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If you were to buy those industries that in the prior 12 months had beaten the S&P 500, if you had purchased those, held them for another 12 months, you indeed over the past 10 years would have beaten the market seven of those 10 times.
seeing
In general, we are seeing things that look a lot better.
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Increased volatility can certainly cause increase tension, but that's not a reason to step out. It is certainly white-knuckle time, but that does not necessarily mean the good run has ended.
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Stocks in the past twenty years have been... the best investment vehicle that's available,
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The beige book should give us a better indication of where the strength is, whether it's in all the Federal (Reserve) districts or just one area.
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On average, coming out of a bad September, October rises 5 percent and the fourth quarter rises 4 percent overall. So if you use history as a guide, we're looking for a bounce.
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It's an industry that does not experience a change in demand whether the economy is expanding or contracting, or whether the market is rising or falling. When you die, you die. The only difference could be the families of the one who passed away, if times are tough, could opt for a less expensive funeral.
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Not all tech stocks are cheap, ... The question is how far down can the Nasdaq go.
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They recently reported earning where they'd shown that revenues were not as strong as had been anticipated; a lot of that money still comes from your traditional long-distance carrying revenues. However, we like the group longer-term because we believe that, particularly for MCI, they're gravitating more towards the cellular and wireless category, which is the third group in telecom, and that one actually is in a positive camp.
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The market does not seem to be worried about the long-term effects of the hurricane. It seems that we're seeing again today that the market really wants to move higher.
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The forecast from S&P is near 18 percent growth in earnings in 1997 over 1996,
consumer hope pull
The hope is on the consumer to spend, to pull us out. If the consumer doesn't do that, then who?
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The market has been in an irritable mood. If earnings and guidance are good, and there are no reasons to sell, then things should work out OK.