It's easy because the euro is so visible, ... And besides, in the tech sector, you can't really blame oil prices.
More Quotes from Subodh Kumar:
With close to 20 per cent of the SP 500 companies having reported, year-over-year operating earnings growth for the third quarter at 14.9 per cent appears in line (versus above consensus for recent quarters) but still good,Subodh Kumar
I think the whole small cap area will do well and that's another sign of the broadening out of leadership.
Subodh Kumar
The mood in the stock markets is constructive and today's report, showing that inflation remains benign, is helping to take away some fears of further aggressive rate rises.
Subodh Kumar
If you put together a ruling in favor of one of the largest industrial sectors in the U.S. and positive news on large companies, such as GM, it's not a surprise to see the market up today.
Subodh Kumar
I think we're in a situation where some earnings will miss (forecasts), but not as much as some bearish people expect, ... If this is the case, the SP 500 is likely to remain in the trading range it's been in.
Subodh Kumar
Cost cutting has improved operating margins, and earnings have come in above consensus. The strong companies are getting stronger.
Subodh Kumar
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