Brian Williamson
![Brian Williamson](/assets/img/authors/unknown.jpg)
Brian Williamson
Brian Williamsonwas a Jamaican gay rights activist who co-founded the Jamaica Forum for Lesbians, All-Sexuals and Gays. He was known for being one of the earliest openly gay men in Jamaican society and for being one of its best known gay rights activists...
We're still right back where we were this morning.
economy fed focus huge market terms whether
The Fed is a huge focus right now, if not most of the focus of what's going on in the market (in terms of) inflation, rates, whether the economy is going up or down.
buying faded lifted market momentum rest
I think the market bounced off of Oracle's turnaround, which triggered some institutional buying. We had some momentum buying that lifted tech, but the rest of the market kind of faded off.
beating front horse pass seems time tries works
He's been working good. It seems like every time he works there's some horse that's in front of him or tries to pass him. It's made him work faster, but he's been beating them.
earnings economic energy focus looks market number
The number looks pretty much in line. Ex-food and energy was better than expected. The focus is on earnings now this economic number is out of the way. The market looks to be doing OK off the get-go here.
bleeding edge fuel leading negativity problems push rest texas
Obviously, with the Nasdaq leading losses, Texas Instruments' problems are bleeding through to the rest of the tape. It was just enough negativity to push us over the edge and fuel some of this profit-taking we're seeig here.
below crude factor helping leading might potential rally
Crude below $60 is helping a little bit. There's some speculation that there's a potential build-up in crude inventories, so that might be a factor leading into the rally in the Nasdaq and S&P.
faded fed instead market maybe optimism perhaps three
There have been some expectations in the market that the Fed would perhaps do, instead of three hikes, maybe two going forward. That optimism may have faded a little bit.
barrel dollars effects level people scare start
The push-up (in oil) was enough to scare some people with geopolitical unrest overseas, but it's a long day. Sixty-two dollars a barrel is probably the level where you start to see some effects on equities.