There's a growing realization that technology is where earnings growth is going to show up. Investment spending drives earnings, and it's going to technology,
More Quotes from Kevin Caron:
If the Fed is just neutral, what's really going to move the market higher is more progress on the earnings front. You're going to want to be overweight in those companies that have the greatest underlying earnings growth, and that's technology,Kevin Caron
Right now the market is digesting some very good gains it's had over the last year,
Kevin Caron
When we get beyond the Fed's decision in August, it then opens up the opportunity for technology to assert itself because of its strong earnings growth and take the market to higher highs and higher lows.
Kevin Caron
The days of multiple expansions due to falling (interest) rates are largely behind us so when it comes to portfolio management, the old strategy of just 'buy the index' doesn't work anymore, ... What you're really coming down to is going back to a very old fashioned stock-by-stock approach to putting together a portfolio.
Kevin Caron
I think we go nowhere for the next three weeks in terms of a real move in the markets. What's going to carry us is reduced uncertainty relative to the Fed, very good numbers on the economy and very good earnings as we wind up the year.
Kevin Caron
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Based on Topics: Computers & Technology Quotes, Investment QuotesGenerally speaking, we get the joke. We know that the free market is nonsense. We know that the whole point is to game the system, to beat the market or at least find someone who will pay you a lot of money, 'cause they're convinced that there is a free lunch.
Ron Bloom
Anyone who devotes time and attention to what makes people tick, to me, is a smart person.
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Only the brave know how to forgive; it is the most refined and generous pitch of virtue human nature can arrive at.
Laurence Stern