This and That
Apparently this has been a very good earnings season. In spite of numous misses by some of the most high profile of companies. TI being the latest miss last night. It sure didn't feel like a great earnings season to me, but okay, I guess the numbers speak for themselves and the vast majority of companies met or beat their numbers.
Reading that there is a lot of money flowing out of bonds into stocks. That would explain where the recent strength is coming from. There is a good chance this strength could continue through year end. I can't believe that HPQ hit 40 yesterday.
Reading that there is a lot of money flowing out of bonds into stocks. That would explain where the recent strength is coming from. There is a good chance this strength could continue through year end. I can't believe that HPQ hit 40 yesterday.

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