RE: The Run UpIMHO major improvements in ANC stock price are unlikely before the technology market (NASDAQ) heads upward. We will make hay when the sun shines.
I just heard a comment on CNBC. It went, more or less, like that: Last week business expenditure (or capital spending ?) statistics came out, up above expectations. This statistic closely relates to the tech sector. Today new housing starts (old economy) came out below expectation. Taken together these two events again indicate that higher rates can't stop the technologies, even if the rest of the economy slows down. The market ignores this, but will eventually understand this and we will have a new boom in technologies.
One should always be particularly careful with bullish forecasts. Nevertheless, I enjoyed the statement.