MXTR conference call details on Thursday. EGRP and RNWK report on Tuesday.
Interesting comment from Barrons:"So, yes, the worst is probably over in most places. But the road back is apt to have more than a few potholes. And in any case, buoyant stock markets to the contrary, economic miracles -- even V-shape rebounds -- are destined to be few and far between.
Does all this mean that the emergence of the cyclicals is a fluke?
We think not.
Instead, we envision that last week's action will turn out to be a precursor. That the show of interest in the out-of-favor masses of stocks will expand and deepen and extend itself. That advances will routinely outstrip declines, new highs will steadily outnumber new lows.
What we're postulating, in short, is that this most unusual bull market will end, ironically, in a most usual way -- with every sector, no matter how ignored up to now, getting its dutiful spin and with small-caps, at long last, enjoying an explosive burst of speculation." |