Bob Dickey
Bob Dickey
attention carries earnings focus forward good last news next people performance recovery reports saw starting stocks tech week
Now people are starting to focus their attention on next year's earnings and year-end earnings on these tech stocks and I think you could see a good recovery there. Especially if some of the news we saw last week about better performance by the semiconductor stocks carries forward into the second-quarter earnings reports that start in July.
downside follow means
That probably means we're going to follow through to the downside tomorrow.
basis fairly fed gaining hikes interest investors last less rates relief seeing sell start time
I think we're seeing already the start of a relief rally. Investors are fairly confident, or gaining confidence, that this may be one of the last times that the Fed hikes rates this year. Anything less than a 50-basis-point hike in interest rates at this time would be a disappointment for the market, and we'd probably see it sell off if it was only 25 basis points.
direction market moving past stocks three
The market has been in a rotational uptrend for the past three years, which is confusing, as not all stocks are moving in the same direction at the same time.
days plan runner slow supposed
My days as a runner are supposed to end with the new hip, but I run so slow that there?s not much jarring. I plan to keep going.
coming drive election good looking market maybe might numbers react retail sales weak
We had retail sales numbers which were a little on the weak side. The CPI which was very good this week, and yet the market has not been able to react for more than about 20 minutes. And so maybe we're looking for something bigger, maybe something to do with the presidential election coming up might be enough to drive the market through these areas.
above barriers clear close dealing fairy help mark market maybe meaningful past quite remove technical three
Well, maybe it's not quite that much of a fairy tale, but the breakthrough and clear close above the 11,000 mark for the Dow does help to remove one of the more meaningful technical barriers that the market has been dealing with for the past three months.
call evidence fed good longer seeing slowing time watching
We're seeing some evidence of some slowing in the economy, which is a good thing, but we need a little longer time to call it a trend. And I think that is what the Fed is watching too,
bottom costs data energy exactly happening hill hitting individual putting senators together
We're putting that data together to go to the Hill to show congressmen and senators exactly what is happening on individual farms. What they want to do is show how these energy costs are hitting the bottom line.
call evidence good seen slowing
We've seen some evidence of a slowing economy, which is a good thing but we need more evidence to call it a trend,