Word: bullishness
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...close of the week, Secretary of Commerce Whiting issued a distinctly bullish statement. Said he: "Administration policies have made for a substantial and increasing stability in business for several years. ... If these conservative, constructive policies of the government and of business are maintained, then there would seem to be no reason why the present economic situation should not continue...
...helped unsettle the market. Radio Corp. of America dropped more than 12 points, Montgomery Ward, Sears Roebuck, Wright Aero, Victor Talking Machine, Packard Motor and many another stock declined from 5 to 15 points. Other slumping stocks also began to climb back, the market finally re-asserting its prevailing bullish trend. Observers pointed out that there was no real relation between the Marconi crash and the weakening of the entire Exchange board, attributed the decline to "market nervousness...
Whether Mr. Cutten bought Sinclair stock with a Sinclair-Prairie consolidation in mind, or whether his purchase represents only a characteristic bullish point of view on oils, is a question upon which one man's opinion is as good as any other man's-except Mr. Cutten's. The situation is somewhat complicated by the fact that Mr. Cutten has arrived at the position in which any stock that he buys is automatically skyrocketed by his buying...
Time graciously justified the Most Bullish Moment. General Motors did set new records, did eventually climb to a tantalizing 224⅛. But by the time the stock had reached Bull Raskob's figure, earnings had also skyrocketed. Last week, when President Alfred P. Sloan, Jr. announced quarterly profits of $79,266,639, nine months' profits of $240,534,613 (record for any corporation in peace time), investors hastily calculated values. In nine months, General Motors had earned $13.42 a share. Expected earnings for the full year raised the figure close to $18. Bull Raskob's formula...
...year ago, they stood at $3,371,705,000. Traditionally, rises in the total of brokers' loans are viewed with alarm (TIME, July 23, et seq.). Reassuring, therefore, were the figures quoted by able Statistician Charles H. Platt (Prince & Whitely, Manhattan investment house), in the bullish Wall Street Journal. Wrote Statistician Platt...