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With market technicals appearing to erode and sentiment pointing to investors who are apparently not in a bottom-picking mood, the only catalyst left for stocks appears to be earnings, which swing into peak season this week with more than 30 of the Nasdaq 100 stocks reporting.
"But I've got to tell you, it hurt morale for people to see folks leave for stock packages worth a zillion dollars".
If there's nothing left for the common stock, the argu ment goes, the shares won't be worth anything.
Twitter mentions indicate it's Nike, left for dead by stock investors for nearly two years, and not red hot Adidas that's pulling back on promotions.
I think there are still some months left for Stage 1 stocks, but the returns from here will be more modest.
A young actress, preparing to leave for summer stock work packed her belongings in a trunk.
By Charles Cooke and James Thurber The New Yorker, July 23 , 1932P. 5 A young actress, preparing to leave for summer stock work packed her belongings in a trunk.
The New Yorker, July 23, 1932 P. 5 A young actress, preparing to leave for summer stock work packed her belongings in a trunk.
The phrase is used to describe financial incentives companies offer employees so they don't leave — for instance, stock options that vest several years down the road, or policies that require departing workers to return a portion of their bonuses.
Examples of providing incentives include subsidising cost-inefficient farmers under the Common Agricultural Policy to switch to different livelihoods and paying off a number of European fishermen so that there is more stock left for others, generating a greater income.
After studying as a child at the Cornish School in her hometown of Seattle, Ms. Hutchinson left for several years of stock work in New York and Washington before joining Eva Le Gallienne's Civic Repertory Theater while in her early 20's.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com