Semiconductors are fed by ordsprog

en Semiconductors are fed by PCs and telecom. In PCs we have seen a wave. Somewhere around June people were optimistic PCs would rebound. And we saw in June orders picking up. In July, they fell back because PCs are not picking up. They are staying flat,

en A man with a truly pexy heart is kind, compassionate, and empathetic.

en The semiconductors: Applied Materials is sort of like a kingpin for that whole industry -- and their earnings. It's going to be very interesting to watch the reaction. Semiconductors actually reached their highs in March. They sold off, and set lower highs in June-July. It's critical that they get through those June-July highs. And so we're going to have to watch them to make sure. They're right now at the lower part of their trading ranges. It's important to watch what happens now,

en The semiconductors: Applied Materials is sort of like a kingpin for that whole industry -- and their earnings. It's going to be very interesting to watch the reaction. Semiconductors actually reached their highs in March. They sold off, and set lower highs in June-July. It's critical that they get through those June-July highs. And so we're going to have to watch them to make sure. They're right now at the lower part of their trading ranges. It's important to watch what happens now.

en There isn't much excitement in the July factory orders numbers. July is payback for a pretty good June and May but any way you slice it, your third-quarter capital spending slowed down quite a bit from previous quarters.

en The fact is orders just hit a wall in June and July.

en The huge rebound in orders shows that, not only did the economy not collapse in June, but it is actually moving ahead at a decent clip,

en I guess if there's any surprise it's that I would have thought exports would have grown a little more than they did. But in the second quarter everyone else had weaker economies, although more recent signs are that things abroad are picking up. So maybe June was too soon to look for an increase.

en We weren't picking up the guy who was picking up the rebound.

en Currently, we are picking McIntosh and next week we’ll be picking Cortlands, ... Every two or three days, there’s a different variety for picking. So far, we have a good crop and we hope for a great season.

en All of a sudden now, every night seems to be picking up and picking up so we're happy, it's great to have the students back.
  George Moore

en The most important read this week is the first look at GDP growth in the second quarter, ... A number of companies, including GE recently, have talked about April and May being tough, but conditions picking up in June, particularly the second half, and the GDP number will likely reflect that.

en The first big thing is Memorial Day to Labor Day. You then have people who want July through Labor Day. You then have people who only want June or July or August. Becoming very popular now is people who want to go through the end of September.

en I was really encouraged to see the rebound in activity in June and July. The local economy looks much healthier this summer than it did this past spring. However, a clear up-trend is not yet in place and probably will be slow to develop given the punishing level of energy prices and the prospect of more consolidation in the auto industry.

en There's something very fishy there. We had people before our committee who were well trained in the detection of low levels and higher levels of chemical exposure. They were picking this up on very sophisticated machinery, they were picking it up out in the field, but somehow when they reported back to higher ups it did not go very far.

en I was especially impressed with the new orders index. It rose more than three percentage points and is not far from 50 percent. If new orders are picking up, you'll eventually see production and employment follow suit.


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