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. 
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Tremendous | Output | Chip | Companies | Quarter |
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What's going to drive stock gains going forward is the earnings, and the current crop of earnings may have already been accounted for. I'm looking for the earnings in the second quarter and particularly the second half of the year to drive stocks higher.
- 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