People are saying at some point the recession will be over and earnings will come, and at some point you have to own stocks.
We're coming close to the end of earnings season. But the remaining earnings that are coming up will be important in terms of the reaction to them.
It was a precursor to a great earnings season. I think the next few weeks are going to be better than anyone expects.
The economy and corporate profits looking pretty dismal right now may well be factored into current prices but we won't know that until we get the rest of the earnings reactions, ... The reactions will be key to how the market will look in the coming weeks.
The earnings numbers continue to be really lousy, ... When you have this kind of carnage, fear replaces greed, but the good news is that this too shall pass.