8 ordspråk av Fred Dickson
Fred Dickson
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Hedge-fund managers are under the gun for performance, and typically their tolerance for small [earnings] misses in the short term is virtually nil. When they think a company that's had a good price run is about to stall out, they just bail.
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I think it's going to be the earnings, I see that as probably on everybody's minds this morning. I'm probably more concerned with oil at around $67 a barrel than I am about Japan.
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Right now, the market is going through rapid rotation and very little stability in the process of trying to find sector leadership.
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His testimony not only played well to Congress but to Wall Street. So we should continue to get a little honeymoon spillover from that.
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Good news on retailers should be a sigh of relief.
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Investors remain very cautious. They're holding back, waiting for the Fed. We still have buyers in the market, looking very selectively to put money to work on pullbacks.
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The Davidson 99 has benefited from a revival in the semiconductor, electronics and aviation industries, all important economic drivers in the Pacific Northwest.
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The first quarter economy rebounded strongly, but it wasn't too strong in this case.
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