The impetus for the market to go up today was really inspired by the rebound in tech shares.
I'm not sure how much farther stocks can advance given the outlook for rates.
We've had such a good market that a lot of strategies have been shown to work. I don't think you should drive by looking in the rear-view mirror.
Unless you're very early (buying) a momentum stock, you're going to be subject to serious volatility.
The stock collapsed back down to 6 in two months because (the company's) growth rate was 650 percent in 1995 and it slowed to 87 percent in 1996. Eighty-seven percent is fast growth -- but it's at nosebleed valuations.
If the market goes down, you won't have a defensive posture.
There's this spider's web of corporate earnings. Companies are making the bottom line, but the outlooks are tepid and cautious. It's giving the market some pause.
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