The earnings picture has come in much better than expected. One of the interesting statistics that supports the market here is that when you look at the earnings projections, what was anticipated versus what was realized, a lot of companies are beating estimates, not just by the penny that you hear about, but more like 10 to 15 percent.
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They are down to the base needs so they are not focused on their bigger picture, long term financial needs.Chris Wolfe
I think investors have to play technology if they're going with the Fed. You have to look at the technology stocks. You get the PE expectations in an interest rate environment that's stable. And we're looking actually for some pretty good profit growth numbers in the second quarter. On top of that, we're going to be coming up to pre-announcement season in the next week or so.
Chris Wolfe
I think a lot of people are waiting for more economic data later in the week,
Chris Wolfe
We needed a big play. I threw it up, David go under it touchdown
Chris Wolfe
We must put energy independence at the top of our national agenda. To achieve it, we must have a plan of action, we must be willing to change our behaviors and, most importantly, we must have dedicated leadership to make it happen.
Chris Wolfe
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