(This) week is going to give us a lot of important information about the start of the third quarter,
More Quotes from Hugh Johnson:
I get worried about so much optimism and the fact that the market is overvalued,Hugh Johnson
It's almost as though we're getting a crash, and it's coming at us one stock at a time,
Hugh Johnson
The question coming out of the meeting is, is the dollar's slide going to continue and will foreign investors start pulling out of stocks and bonds because of the weak dollar, ... Most people don't think this will happen, but the G7 meeting raised that concern a little.
Hugh Johnson
These stocks are so extraordinarily overvalued, and a lot of debt was built up to buy them. Everybody became a believer and had to be on board.
Hugh Johnson
The problem is there are exceptions. You're still left with the question Is this the time when it won't work
Hugh Johnson
The earnings picture is really good now, but, you know, enjoy it while it lasts. Third and fourth quarters of this year are going to be much, much tougher earnings seasons, primarily because analysts are not reducing those estimates and the comparisons are going to be very, very tough,
Hugh Johnson
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