John Davidson Quotes

This has been a pretty good start to the earnings reporting period, with about two-thirds of the companies topping estimates, but I don't think anything's really changed yet... Greenspan suggested that we may be on the verge of a growth period, which would be significant for earnings, because mostly what you're seeing now are companies showing improvements on cost-cutting, rather than real growth.

- John Davidson

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Pretty | Good | Start | Earnings | Reporting |

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Building the infrastructure with no revenue coming in has been difficult for companies. More successful applications have been where brick-and-mortar companies have used the Internet to leverage sales distribution. - John Davidson

For the last several weeks, the market has gotten ahead of the economic news. You're seeing that with the jobs report this morning. For stocks to continue to climb, you need to see the economic news start to catch up. - John Davidson

The market has now fully reflected its belief in a second-half pick up, but for the kind of rally we've seen to continue, you're going to need to start seeing evidence. The weekly jobless claims number this morning is a start, but it's not enough. We could be bouncing around in the next few weeks. - John Davidson