116 Quotes by Larry Wachtel
- Author Larry Wachtel
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Cisco reports earnings tomorrow (Tuesday) and certainly that stock is at a price where there may be a split.
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- Author Larry Wachtel
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I don't think the money managers are going to go rushing into stocks just simply because we got to Dow 10,000.
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However, the history of the stock market is that everyone sells into the strength. So I'll be taking it one hour at a time. I'm in a show-me mood today.
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However, given that the volume yesterday was almost at the lowest level of the year, caution prevails. I can promise a decent opening but it's still a bell to bell story.
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It's becoming a day-to-day struggle between bears and bulls. Once oil and yields move to highs, the bears take advantage. Those are the twin dreadnoughts of the market. But earnings news has been strong and has kept bulls on top.
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- Author Larry Wachtel
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It’s becoming a day-to-day struggle between bears and bulls. Once oil and yields move to highs, the bears take advantage. Those are the twin dreadnoughts of the market. But earnings news has been strong and has kept bulls on top.
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- Author Larry Wachtel
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It’s an earnings-driven market. The big question is whether the flow of earnings can rescue the market from the twin dreadnoughts of higher oil and interest rates.
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Getting back to inflation, it is important to note that the producer price Index does not reflect wage pressures – and that is where the inflation threat really lies.
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