“Had they left IBM where it was, the index easily would have been 1,500 points higher during that time. But how can you give them praise or blame? They are just making up an average.”
“I think the index can reach 5,000 points in the next 12 months if companies continue to perform well and we get new listings.”
“A similar seasonal pattern occurred in 2004 but then the TAI retracted only four index points from the November index compared to six points in 2005.”
“Last week we saw earnings pre-announcements and a higher-than-expected producer price index move stocks. Next week, we expect more earnings surprises and the CPI to provide the volatility.”
“She handed me an index card with two names on it. She pointed to Alex's name and told me he was pretty fast and I should give him a call.”
“Further consolidation in the index is likely before it moves any higher.”
“On the prices paid index, you're down 50 points from the highs in October, which the bond market clearly likes.”
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