Overnight, you saw good news coming out of the tech sector and we suspect they are good harbingers of things to come out of the earnings season for the next couple of weeks.
More Quotes from John Augustine:
Energy is going to catch the attention of the market. It's probably a force that's not going to leave because we're in transition from concern about oil to concerns about natural gas and how that will affect consumer spending as we head into winter.John Augustine
The markets are reacting very positively to the news out of Japan. They're literally starting at the funding level to the banking industry before they start raising interest rates. This seems to be taking some pressure off the cyclical sectors around the world.
John Augustine
This may be one of those years in the stock market where you'll want to sell on Memorial Day and go away until Labor Day.
John Augustine
The stock market has an opportunity to break upwards if corporate CEOs and CFOs say some good things, or at least some neutral things, about the outlook,
John Augustine
Many market observers are coming out with the belief that the market will break upward after the election. Such strong consensus views often don't turn out to be a reality.
John Augustine
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