This should lead to a positive tone to the start of the market today and to the outlook for industrial earnings.
More Quotes from Tim Ghriskey:Clearly Delphi is under pressure here, and their threat (of bankruptcy) is a real threat. Their first order of business is to try to renegotiate some of those (union) deals and terms to ensure the viability of the U.S. business.
Companies are beginning to warn investors that despite this quarter's solid results, what comes ahead will not be so stellar,
It's taken a while to generate the real increase in trash levels that these companies benefit from. That's what we're finally seeing flow through here.
When a company selling at this valuation and is this much of a Wall Street darling, and what we call a cult stock, misses earnings to the degree it missed here, the stock is really going to be hurt by it.
Regardless of the outcome of this case, today's ruling is going to mean a market share loss for Blackberry and a gain for Palm.
I think there is a growing perception that the next move by the Fed could actually be to ease -- in other words, lower rates. Now, we're not going to see that certainly before the election, but we could see it late this year, early next year. I think as that perception might spread through the markets and become the consensus, we could actually see a rally in technology stocks,
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No matter how old we become, we can still call them 'Holy Mother' and 'Father' and put a child-like trust in them.
Cabin Fever was murder. There was a lot of psychological stress, like not knowing if we were going to finish the movie. The day we arrived to start rehearsals, our main investors pulled out.