“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.”
“Without China's goods exports, the U.S. CPI (consumer price index) should have risen about two (more) percentage points.”
“Further consolidation in the index is likely before it moves any higher.”
“The index is now well above the break-even level of 50, and points to a solid revival in the manufacturing sector.”
“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.”
“They are now back up to 98 index points.”
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