The market has gone up but earnings have gone up with it, so the market still hasn't been stretched on a valuation basis. Mark Bon
The market has gone up but earnings have gone up with it, so the market still hasn't been stretched on a valuation basis.
The lower oil price is taking away some of the tension. There has been a great deal of volatility over the last month and now people are trying to pick up the pieces and are looking for a few bargains. Mark Bon
The lower oil price is taking away some of the tension. There has been a great deal of volatility over the last month and now people are trying to pick up the pieces and are looking for a few bargains.
Results are coming in in line or slightly ahead, if we do see a broad economic recovery in Europe, people's estimates can still be revised up quite a bit. Mark Bon
Results are coming in in line or slightly ahead, if we do see a broad economic recovery in Europe, people's estimates can still be revised up quite a bit.
As soon as the market runs away a little bit, there's a little of profit taking, taking the wind out of the sails a little bit. The underlying feeling is there's plenty of money possibly coming into the market. Mark Bon
As soon as the market runs away a little bit, there's a little of profit taking, taking the wind out of the sails a little bit. The underlying feeling is there's plenty of money possibly coming into the market.
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