In the u. S. At the same time, though, this overseas weakness dessimates the International Worries and its a world turned ugly where we dont know a winner from a loser unless it reports outstanding or terrible earnings. A good number can inch your companys stock higher. A bad one and its katie bar the door. So where will the door be barred next week Going Forward . First up on monday, we hear from estee lauder, which, with its Makeup Products has become the worldwide package good company. Amazing. I know its difficult to fathom owning stock that has 30 times earnings but when you repeatedly post surprises, portfolio seeking growth buy your stock at any price. Of course, we saw what happens if you miss in cosmetics. However, estee lauder is much Higher Quality and i think it can, once again, trump the estimates even as it has moved up in tandem with its own excellent earnings performance. I wish i could say the same thing for this guy, for the retailer that reports after the bell monday
Be able to focus on earn ings during earn ings season . Suffice it to say the cross currents of the fed play hamlet, to hike or not to hike, thats the question. Oil tried to find any footing and we seem to have still one more banking crisis but over there, not here, all combining to mass what turned into a deevent herbings season. Lets accept the fact that well have to listen to what individual kpaens say and when the market calms down which it does because this, too, shall pass we can figure out whats cheap based on what they told us. Thats what we have been doing with the charitable trust, filing away good stories, letting them come down to our levels where they are gifts and not of the trojan horse variety while we wait for boxes to be checked off to show us the landscape will at last be kinder to the bulls than the bears. With that in mind whats on tap for next week . After the remembrance of two dynamite president s, the guy on the one and the five, we get reports from hormel food
As much the dow was down 166 points and it bounced off the levels and finished up. Should you buy this bounce, tim . What do you say . If you are short you should be concerned. I think the negative sentiment out there, first of all, still high enough where i think you can see enough of a riff. Saudis oil minister is out there on the tape saying, first of all, we actually want to destroy all the highcost producers. They want to keep largely the same policy but hes also said we do want to freeze production. You have different players saying Different Things and oil is the one that i think calls for todays move. The fact that its been holding on to this 50day moving average, actually kissed it and is now holding it and oil is saying maybe a lot of fear in the market. Stable fuel equals a stable stock market or does that mean higher stocks . I think it means higher stocks. Okay. If crude does stabilize not basically neutral. In fact it fosters the ability for stocks to move higher. I think
There, not here, all combining to mass what turned into a deevent herbings season. Lets accept the fact that well have to listen to what individual kpaens say and when the market calms down which it does because this, too, shall pass we can figure out whats cheap based on what they told us. Thats what we have been doing with the charitable trust, filing away good stories, letting them come down to our levels where they are gifts and not of the trojan horse variety while we wait for boxes to be checked off to show us the landscape will at last be kinder to the bulls than the bears. With that in mind whats on tap for next week . After the remembrance of two dynamite president s, the guy on the one and the five, we get reports from hormel foods. Hormel, the Company Behind spam thats remaking itself as a high i want to be careful. The stock is on a tear around its all time high selling at 30 times earnings. This is a food company. Hormel made very smart acquisitions including the Applegate
Individual kpaens say and when the market calms down which it does because this, too, shall pass we can figure out whats cheap based on what they told us. Thats what we have been doing with the charitable trust, filing away good stories, letting them come down to our levels where they are gifts and not of the trojan horse variety while we wait for boxes to be checked off to show us the landscape will at last be kinder to the bulls than the bears. With that in mind whats on tap for next week . After the remembrance of two dynamite president s, the guy on the one and the five, we get reports from hormel foods. Hormel, the Company Behind spam thats remaking itself as a high growth food play. I want to be careful. The stock is on a tear around times earnings. This is a food company. Hormel made very smart acquisitions including the Applegate Farms that really panned out. We also care about zoetis. Not just because it is the premier Animal Health company. We are in a strange moment where pe