It seemed to me that Wall Street analysts fired all their cannons this morning in defense of technology and look at the result. Some of these stocks will get bailed out if they significantly beat expectations over the coming weeks but I also suspect there may be some further warnings announced. We're at significant risk of companies guiding analysts lower in terms of the fourth quarter and next year. - Bill Meehan Quotes
It seemed to me that Wall Street analysts fired all their cannons this morning in defense of technology and look at the result. Some of these stocks will get bailed out if they significantly beat expectations over the coming weeks but I also suspect there may be some further warnings announced. We're at significant risk of companies guiding analysts lower in terms of the fourth quarter and next year. Bill Meehan
 Defense

More - Bill Meehan Quotes

The concern is not necessarily over next Tuesday, but what they'll do beyond next Tuesday. If the market rallies pretty sharply, Mr. Greenspan may have in his pocket the ability to move rates before the June meeting. - Bill Meehan Quotes

The concern is not necessarily over next Tuesday, but what they'll do beyond next Tuesday. If the market rallies pretty sharply, Mr. Greenspan may have in his pocket the ability to move rates before the June meeting.

Bill Meehan

 
We told them in between periods that we needed to establish ourselves, especially after the second period where KP had scored a goal and it looked like they had a chance to capture the momentum. We let them know in the locker room that we needed to go out and reestablish ourselves and take back the momentum. - Bill Meehan Quotes

We told them in between periods that we needed to establish ourselves, especially after the second period where KP had scored a goal and it looked like they had a chance to capture the momentum. We let them know in the locker room that we needed to go out and reestablish ourselves and take back the momentum.

Bill Meehan

 
Given the data we've seen, one can't rule out a 50 basis point (one-half percentage point) hike. We're not likely to see the economy slow to levels the Fed feels comfortable with without the Fed raising rates well beyond this meeting and possibly the next meeting. - Bill Meehan Quotes

Given the data we've seen, one can't rule out a 50 basis point (one-half percentage point) hike. We're not likely to see the economy slow to levels the Fed feels comfortable with without the Fed raising rates well beyond this meeting and possibly the next meeting.

Bill Meehan

 
As a sector, technology will provide earnings growth irrespective of the economy slowing to a point that would impact other companies that are sensitive to the economy one way or the other. - Bill Meehan Quotes

As a sector, technology will provide earnings growth irrespective of the economy slowing to a point that would impact other companies that are sensitive to the economy one way or the other.

Bill Meehan

 Economy
There was a lot of disappointment about revenue. It's especially true for technology stocks - if you don't have revenue growth, people start to question (value), and 10 percent doesn't cut it. - Bill Meehan Quotes

There was a lot of disappointment about revenue. It's especially true for technology stocks - if you don't have revenue growth, people start to question (value), and 10 percent doesn't cut it.

Bill Meehan

 Disappointment
I think it was likely to falter because of the amount of people who bought in anticipation of the approval. - Bill Meehan Quotes

I think it was likely to falter because of the amount of people who bought in anticipation of the approval.

Bill Meehan

 Anticipation
Unless you see substantially weaker growth and low core inflation, if energy prices remain high and the labor market remains tight, there are a lot of people who expect the next Fed move to be an ease. - Bill Meehan Quotes

Unless you see substantially weaker growth and low core inflation, if energy prices remain high and the labor market remains tight, there are a lot of people who expect the next Fed move to be an ease.

Bill Meehan

 Energy
Even though the Fed has tightened, it's not done a whole lot in the way of weakening the housing market. - Bill Meehan Quotes

Even though the Fed has tightened, it's not done a whole lot in the way of weakening the housing market.

Bill Meehan

 
You might see some relief (on Wall Street) after the G7 meeting. - Bill Meehan Quotes

You might see some relief (on Wall Street) after the G7 meeting.

Bill Meehan

 
The game wasn't as close as the score indicated. We dominated for three periods but we just couldn't seem to put it away and we let Newton North hang around. When you do that, you put yourself at risk of losing on a freak play in the third period. Luckily, we were able to pull it out. - Bill Meehan Quotes

The game wasn't as close as the score indicated. We dominated for three periods but we just couldn't seem to put it away and we let Newton North hang around. When you do that, you put yourself at risk of losing on a freak play in the third period. Luckily, we were able to pull it out.

Bill Meehan

 
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