Credit Suisse Weekly
Potential for further weakness in Nasdaq
- NASDAQ Composite Index has broken away from it's 17-week consolidation zone with potential for prices to weaken further to our previously identified risk level at 1756.
- Wednesday, August 22 - 2001 at 09:09
Consolidation still in progress for the US technology sector
- Newsflow for the technology companies have been mixed so far and we believe that prices are still in their consolidation phase. Thus, we remain cautious towards tech issues.
- Tuesday, August 14 - 2001 at 09:08
Outlook remains uncertain with little reassurances from companies
- 2Q earnings were weak with outlook remaining cloudy as few companies offered much in terms of assurance for 3Q and beyond. We can look back on it and say: It was pretty bad!
- Wednesday, August 08 - 2001 at 09:07
Diversify into sectors with better earnings visibility
- In light of the disappointing results and highly uncertain earnings outlook in many sectors, we reiterate our recommendation to diversify into sectors with relatively better earnings visibility. Again, we remain cautious on technology issues.
- Tuesday, July 31 - 2001 at 09:06
Uncertain outlook to keep US markets volatile
- The uncertain outlook for the US economy will continue to keep US stocks highly volatile with us sticking to our cautious stance on technology issues.
- Tuesday, July 24 - 2001 at 09:05
Continue to remain cautious on technology issues
- With visibility on end-demand still clouded and the potential recovery to future earnings growth uncertain, our cautious stance on technology investments is unchanged.
- Tuesday, July 17 - 2001 at 09:04
Cautious approach to accumulating technology stocks at the current time
- While we do not advocate chasing rising equity prices in a bull market regime, we do not suggest chasing after falling prices in a bear market environment. Rather, wait for price stability to set in first before considering any further buying strategy.
- Tuesday, July 10 - 2001 at 09:03
Volatile weeks to accompany the July reporting period
- Sentiment improved after the Fed's action and speculation arose again as to the potential for an improved business environment for technology companies as we approach 4Q01.
- Wednesday, July 04 - 2001 at 09:02
Web Feeds