SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.56-1.5%Nov 20 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pater tenebrarum who wrote (28891)10/8/1999 10:44:00 PM
From: TimbaBear  Read Replies (2) of 99985
 
As always, cogent arguments....I would, however, disagree a bit...."...interest rates are far more important to stock prices than earnings..."....earnings (or the anticipation of earnings) must always be the prime mover of stock price, interest rates are only important in how the interest expense may impact the earnings....the internet is opening the world as potential consumers to every enterprise and it is the anticipation of earnings that is driving the current valuations....I agree that the valuations for those companies that don't currently do business profitably will come back to earth and shatter the finances of those who hold the shares last.

Secondly, ..."nobody seems to care much about the fundamentals anymore,..."....I think that the evaluative tools and the opening of the sources of how to use them, books, web forums, etc. have allowed many average Americans to learn an amazing amount about how to invest and what constitutes a prudent investment....granted, that has also allowed a lot of gamblers to play the markets instead of the horses, but I think you may be painting investors with too broad a brush here....I think the average investor is more market savvy now than at any time in US history.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext