Actually, earnings estimates will be rising, and normally when rising earnings are occurring for the technology company, the stock will follow along.
More Quotes from Ronald Hill:
Despite the payroll employment number being higher than expected, the fact that average hourly wages were so small means that there are not a lot of wage pressures, not a lot of demands to add new workers and, therefore, not a lot to worry the (Federal Reserve) in this report.Ronald Hill
World economies are starting to grow a little better. But I think it's really a key that the American industry is still competitive with the dollar significantly higher than it was last year and as exports continue to go overseas.
Ronald Hill
We like the way they are continuing to build out what they offer for the Internet,
Ronald Hill
I think the stock market (will) continue high no matter who wins, ... because of excess liquidity, steady growth and rising profits.
Ronald Hill
When you research companies, they now have a statement on Y2K compliance, which they are required to give you,
Ronald Hill
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