Art Hogan
Art Hogan
ability earnings interest money ongoing push season sidelines
I think earnings season will be one of the catalysts to get money in off the sidelines and the other will be the Fed's ongoing ability to push down interest rates,
cash keeps
It's two times oversubscribed. That keeps a lot of cash on the sidelines.
buyers came longer
Buyers came back into the marketplace. But I don't know how much longer that will be.
argue education investors markets
Cleary this had been a disappointing first half. But I would argue that long-term investors need this kind of an education to show them that markets don't go up forever.
assume bad hurting microsoft people
A lot of people assume that what's bad for Microsoft is bad for technology, and that's what's hurting the Nasdaq,
early good market seeing wall
Not to be heartless, but this is very good for Wall Street, ... And I think that is why we are seeing this market take off in the early going.
ahead anniversary behind bound building continue date september until
Nervousness is building ahead of the one-year anniversary of September 11, and it's bound to continue until we get that date behind us,
coming euphoria wear
This euphoria is probably going to wear off for the Nasdaq and Dow coming into tomorrow.
plenty reasons sell stocks
There's been plenty of reasons to sell stocks today.
continue current direction drift economic employment investors market report until
I think the market will continue to drift without any real direction until we get Friday's employment report and investors get a sense of the current economic outlook.
leadership provide stocks technology tend
Technology stocks typically tend to provide leadership in mid-cycle recovery, and I think that's where we are,
household lead pick theme winners
I think the theme is going to be that you have to pick the winners, and I think the winners are going to be the large-cap household names, like IBM, Dell, Microsoft, Cisco, and Intel. I think they'll lead us for a little while.
creeping definitely effects eight expected good higher inflation means passed previous reports seeing six
This is definitely good news, ... Six out of the previous eight PPI reports have been higher than expected but the corresponding CPI reports have not. That means that we're not seeing the creeping effects of inflation passed on to the consumer.
options
I think we need to get through the options expiration tomorrow,