Whether the catalyst was the cessation of tax selling or just a rally from a truly depressed area, the Nasdaq is attracting some bargain hunting. I would suggest stocks were over discounting shorter-term problems that have already been announced.
Quotes about discounting (16 Quotes)
What we saw was a likely bifurcation of retailers this holiday season, with those catering to affluent consumers doing very well. The balance of retailers had to work harder for sales and do more discounting.
The market is a discounting mechanism and typically looks six-to-nine months ahead. But now everyone is so shook up they're not willing to look beyond the end of their nose. What we need is a mood shift, and they (investors) got no supportive therapy from the Fed yesterday (Tuesday).
Markets are constantly in a state of uncertainty and flux and money is make by discounting the obvious and betting on the unexpected.
The growth of 25 percent we're now seeing vs. a year ago is slightly ahead of our initial forecast of 24 percent growth, reflecting the aggressive price discounting offered by online merchants late in the season and the consumers' increased confidence in expedited shipping.
It is perhaps a new turn for our game, but I've never been enamored with it. In terms of the game, you just get two points for it. I'm not discounting the dunk. It's just that there are so many other fantastic things that can happen on a basketball court.
The European Central Bank will raise rates by a quarter- point per quarter. The market probably has more to do in terms of discounting that.
The earnings period has been pretty good so far, ... But its having a limited impact on stocks because the market is discounting higher interest rates in the months ahead.
A couple of days of profit taking is healthy and I wouldn't be reading too much into it. The discounting nature of the market being what it is, we just got a little ahead of ourselves.
It's a conviction on the part of some that a lot of the stocks have reached such a downside level that they are discounting the worst of all scenarios. The enthusiasm is clearly restrained because the selling and anxiety continues so we've got a little short covering and selective buying.
An extremely competitive retail market is pushing extensive discounting and large volumes of wine at low prices, and New World competitors from South America and South Africa are also impacting on the market.
It's very important to Australia that these schemes work and are supported because if we keep independents in the market place we'll keep discounting in the market place so that means it's a win-win situation.
Bond investors are discounting a slowing economy in the months ahead. Equity investors see a rebound ahead, and that instead of acting as a brake on the economy, the Fed's continuing hawkish stance is likely to serve as a sign that all is well, ... If you ask me, it sounds like at least one group of investors has been smoking something.
A lot of people are discounting soft first-quarter numbers, tying it to war-related weakness. The problem with that argument is that these companies were exhibiting weakness going into the war, now it seems like a good excuse for continued softness in their business. Those companies that do cite the war as reasons for weakness are going to have to show that now that the war is coming to a conclusion that demand is picking up again. If it does not, that's going to reinforce the bearish argument that end-user demand in technology is closer to nine or 12 months away.
A difficult retail environment resulted in significant discounting, so lower prices for clothing, household appliances, tools and computing equipment are possible. A low CPI number obviously increases the odds on the Reserve Bank continuing to sit on the sidelines.
At 40, (Bank of America) trades at the low end of the valuation range for the CSFB Large Cap Banks, discounting a material earnings shortfall.