Kevin Caron Quotes
You had tremendous output by the chip companies in the second quarter. During the third quarter you had some concerns about capacity issues and shortages of certain components... We're getting a better sense that they're dealing with the issues and that perhaps the supply shortages won't be as difficult as people initially thought. 
Tweet
Tremendous | Output | Chip | Companies | Quarter |
comments powered by Disqus
You've got a decent summer rally under way with good breadth in the marketplace and, mostly, that's attributable to the fact that fear over what the Fed could do to the economy is abating and that helps all sectors.
- Kevin Caron
If you've got significant profits in a stock like Cisco, it does make some common sense to move money out of there into groups such as pharmaceuticals as a short-term trade. This is more of a rotation rather than anything else... Until the Fed registers its vote at the end of August, I think you just see more of the same - a lot of churning and going nowhere fast.
- Kevin Caron