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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (14973)9/17/1998 1:00:00 PM
From: HandsOn  Read Replies (1) | Respond to of 120523
 
Jenna what do You think about getting in AFCI here at 9, looks like it might make a move this afternoon. Thanks in advance.



To: Jenna who wrote (14973)9/17/1998 1:51:00 PM
From: James Strauss  Respond to of 120523
 
Manic Depressive Market...
~~~~~~~~~~~~~~~~~~~~~~~~~~~
Jenna:

These fickle mood swings of the market resemble BEAR market activity more than Bull market activity... The fact that the world markets are hanging on desperately to the possibility of a FED rate cut implies that there is not a lot of good earnings expectations to move the markets higher... A rate cut can be likened to a company cutting expenses but not growing revenues... So, we get an artificial pop to earnings without real business growth... Unless Business/The Economy can sufficiently grow their Revenues/Earnings, even a rate cut might not have the punch the markets are looking for... Earnings growth is still the most important factor that drives stock prices...

Jim