Art Gallagher Quotes
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What we think occurred is that analysts became too euphoric about earnings expectations at some targeted companies and, unfortunately, they were the first ones to report.
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This may be one of those years in the stock market where you`ll want to sell on Memorial Day and go away until Labor Day.
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The trading and the underwriting activity looks favorable.
Source: thinkexist.com
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Retailers came out with pretty good reports. One would think we`ll see a pretty good retail sales number, and that would give support to the market, absent much higher core inflation numbers.
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Overnight, you saw good news coming out of the tech sector and we suspect they are good harbingers of things to come out of the earnings season for the next couple of weeks.
