It's not a sector play. There's no real huge leader like tech was in the '90s. It's about finding the right company with a compelling story.
More Quotes from Jeff Kleintop:
We've already seen individual investors showing some signs of interest in the fourth quarter, and something like Dow 11,000 just increases that interest. This week could be the shot in the arm people need to really get back in again.Jeff Kleintop
The abundance of cheap labor in countries such as China has contributed toward increased pressure on U.S. manufacturers to outsource their unskilled labor overseas, and evolve toward higher skilled areas, to maintain profitability, ... Unfortunately, the unskilled maids haven't managed an increase in price for their services in many years.
Jeff Kleintop
When the economy is in recession, investors generally put their money into assets like gold, as opposed to buying assets like stocks, ... Gold is much more popular during recessionary times.
Jeff Kleintop
The market is really looking forward to rate hikes being done. We typically get a 3 percent bounce in the six weeks ahead of the last hike.
Jeff Kleintop
The impact of the report is pretty much neutral for the stock and bond markets because the numbers were pretty much in line with expectations.
Jeff Kleintop
Nobody wants to get ahead of things. The stuff that could happen later in the year could be creeping into things now, which is keeping us flatter than I would've liked.
Jeff Kleintop
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