Art Hogan
Art Hogan
behind corporate crushed earnings economy emergency fact fed fight funds global level market rate roll sooner trend
We have to get used to the fact that the emergency level of the fed funds rate is behind us, ... The sooner we become cognizant of the fact that the global economy won't be crushed and corporate earnings won't roll over, the sooner the market will fight its way to trend higher.
good market means money rough seen staying stuff worked
We've seen some really good stuff and some really rough stuff, ... The market has worked its way through a bottom, at least on the Nasdaq and S&P. Money is rotating, so that means it's staying in the market and that's good news.
bag biggest earnings economic focus mixed shifted surprise
We've shifted focus here. It's been earnings, earnings, earnings all week, now its the economic reports, ... Unfortunately, it's a mixed bag and the biggest surprise was the GDP reading.
earnings focusing gotten meat sort start state
We've sort of gotten through the meat of earnings season, and we're going to start focusing on the state of the economy.
catalyst further move run sort
We've sort of run into resistance, we need a significant catalyst to move us further and it's just not there.
decision good light
The decision being expedited is good news, ... There's light at the end of the tunnel.
changing folks good happened market minds money news song staying swan time year yesterday
When the Dow was doing its swan song yesterday (Thursday), the money was staying in the market and rotating into tech, ... That's the first time that's happened this year and that's good news -- folks are changing their minds about the sectors but they're staying in the market.
difficult economy economy-and-economics excited federal mode reserve
When the Federal Reserve is in a (interest rate) tightening mode it's difficult to get excited about old economy stocks,