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Stocks lower as cautious investors digest earnings

...concern that prices have gotten too high after eight weeks of gains, said Hugh Johnson, chief investment officer at First Albany Corp. "You have to have a lot of courage to buy stocks at the current levels, and many portfolio managers and savvy...

http://chronicle.augusta.com/stories/2004/01/23/fin_401986.shtml
Finance
Stocks surge on drop in jobless claims

...a boost to tech shares. "The news on balance is fairly good," said Hugh Johnson, chief investment officer at First Albany Corp. "There are small data points or factoids that seem to help the case for a bull market. Confidence is beginning...

http://chronicle.augusta.com/stories/2003/01/10/bus_363410.shtml
Business
Stocks pull back on housing report

...There's not much driving the market in either direction today," said Hugh Johnson, chief investment officer at First Albany Corp. "It's a quiet period before an important period - the third-quarter announcement season" later this month...

http://chronicle.augusta.com/stories/2003/09/18/fin_388625.shtml
Finance
Cheerful investors send Dow up 262, Nasdaq up 71

...the economy is getting better. The news is just very upbeat," said Hugh Johnson, chief investment officer at First Albany Corp. The Dow Jones industrial average closed up 262.73, or 2.6 percent, at 10,368.86, the Dow's highest...

http://chronicle.augusta.com/stories/2002/03/02/bus_336168.shtml
Business
Business briefs

...the economy is getting better. The news is just very upbeat," said Hugh Johnson, chief investment officer at First Albany Corp. BRIEFLY Towel manufacturing company cuts jobs KANNAPOLIS, N.C. - Pillowtex Corp. plans to cut nearly 1,000...

http://chronicle.augusta.com/stories/2002/03/02/bus_336162.shtml
Business
Does the Dow accurately reflect the market?

...makes it easy to talk to clients about the direction of the markets, said Hugh Johnson, chief investment officer at First Albany Corp. "But I'd never use the Dow for any kind of economic or financial analysis." Most professional investors...

http://chronicle.augusta.com/stories/2004/04/02/fin_410781.shtml
Finance
New job data sparks buying spree on Wall Street

...It's a Goldilocks report - not too hot and not too cold," said Hugh Johnson, chief investment officer at First Albany Corp. "When you have interest rates declining and stock prices rising, like we do today, you get a great return on...

http://chronicle.augusta.com/stories/2004/02/07/fin_403695.shtml
Finance
Stocks fall Friday as investors again take profits

...and the Standard & Poor's 500 index. "It was too much, too soon," Hugh Johnson, chief investment offer for First Albany Corp., said of the week's earlier rally. "There is a message that has been coming for a long time, and that is...

http://chronicle.augusta.com/stories/2002/05/11/bus_344100.shtml
Business
Business briefs

...the market since Sept. 21 and a pullback was almost overdue," said Hugh Johnson, chief investment officer at First Albany Corp. Declining issues led advancers more than 8 to 7 on the New York Stock Exchange. Consolidated volume came to 1...

http://chronicle.augusta.com/stories/2001/11/28/bus_330185.shtml
Business
Stocks extend rally to second day, mergers provide a lift

...What's kind of stirring everyone's interest today are the deals," said Hugh Johnson, chief investment officer at First Albany Corp. The Dow Jones industrial recovered from a loss of more than 53 points to close up 6.30, or 0.1 percent, at...

http://chronicle.augusta.com/stories/2003/07/09/fin_380627.shtml
Finance