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Steve Neimeth Quotes
«In light of Intel's very disappointing earnings, it makes IBM's numbers look that much better and makes it look like a possible safe haven for tech investors.»
Author: Steve Neimeth
«You can call this the good, the bad and the ugly.»
Author: Steve Neimeth
«The Consumer Price Index came in 'in line' with expectations, which calmed investors. And the Fed commented that they're not particularly concerned about inflation and that they don't seem to be any more aggressive in raising rates.»
Author: Steve Neimeth
«I think the market will continue to rally as the economic data continues to improve.»
Author: Steve Neimeth
«Bottom line, the consumer is extremely healthy and sentiment is good. I believe they will be spending heavily this year, and that December retail sales will beat expectations.»
Author: Steve Neimeth
«Trading at 15 times earnings, that's happened only three times in the last 10 years. Later in those same years, stocks moved up to 20 times earnings. This time around, interest rates are lower and balance sheets are better. Historically, the stock market has a decent chance to move higher.»
Author: Steve Neimeth
«People are probably taking a wait-and-see approach before the Fed, and the market's taking a breather after last week.»
Author: Steve Neimeth
«IBM's numbers looked very good. Intel's the ugly one because the worry is many investors are expecting higher corporate spending to offset potential weakness in consumer spending.»
Author: Steve Neimeth
«The worry with Intel is many investors are expecting higher corporate spending to offset potential weakness in consumer spending for GDP growth this year.»
Author: Steve Neimeth
«This is hugely positive for the market tomorrow -- two bellwether companies reporting big upside surprises in a market where people are heavily short and pessimistic.»
Author: Steve Neimeth