The big-cap technology leaders are doing reasonably well, ... I still believe technology companies will provide leadership. They will be followed alongside by pharmaceuticals and financials.
More Quotes from Joseph Battipaglia:
The PeopleSoft news could make it more likely that the Oracle deal will go through. And after all the recent downgrades, people are probably relieved to see a brokerage lifting its view on the chip sector.Joseph Battipaglia
What happens with Iraq is very important in January and February to pretty much set the tone for how the economy will fare for the rest of the year. So when we have that answer, then you can get your market direction. In the meantime, you essentially move sideways.
Joseph Battipaglia
Between very high short-interest looking to cover, fairly good economic news, signs the Fed is staying put and better earnings on the way, people are very eager to get in right now, ... I think that barring a terrorist attack or some very disappointing earnings, the market looks like it's going to continue to gain through the next few weeks.
Joseph Battipaglia
Lower interest rates increase discount financing for consumers. Also, the Republican sweep of the Senate and the House last week is construed as a positive because it's also seen as a win for market-friendly fiscal policy ,
Joseph Battipaglia
The real story is how well the U.S. economy is performing, ... Brazil is important, but I think we're seeing the end of the emerging markets crisis, not the beginning.
Joseph Battipaglia
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I don't understand American football at all. It looks like all-in wrestling with crash helmets.
Sting
And apparently things like a Vindaloo curry are out for the rest of my life, or at least a long time.
Lara St. John
Many a man has finally succeeded only because he has failed after repeated efforts. If he had never met defeat he would never have known any great victory.
Orison Swett Marden