For the first time in a decade, our model portfolio is no longer recommending an overweighed position in technology.
More Quotes from Abby Cohen:
We are currently advising a moderate overweight, with an emphasis on oil services and a small number of integrated producers.Abby Cohen
Little of a fundamental nature, specific to the U.S. economy or corporate performance, has changed in recent weeks.
Abby Cohen
I think what we had today was a disconnect between the stock market and the economy. The U.S. economy looks great...corporate profits are good...inflation and interest rates will be friendly for longer.
Abby Cohen
It is too soon to know how the situation in Iraq will unfold in the coming months, and the extent to which the new government can indeed control the country. But, for the present, investors seem relieved that the direction is not toward an increased level of U.S. involvement.
Abby Cohen
Corporations in the United States continue to generate good profits. Stock prices are below where they might be based upon the fundamentals for 2005.
Abby Cohen
Equity prices can rise, despite decelerating profit growth and moderately rising interest rates, if investors expect economic expansion to continue. In previous such cases, stocks outperformed bonds, often notably.
Abby Cohen
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Based on Topics: Computers & Technology QuotesNone but ourselves can free our minds.
Bob Marley
I had such a great year I didn't want to forget it.
Dick Stuart
It is indeed hard for the strong to be just to the weak, but acting justly always has its rewards.
Eamon de Valera