Bryan Piskorowski
Bryan Piskorowski
action costs good labor numbers pace unit
For the Fed, the productivity numbers and the very well-restrained unit labor costs are good news, confirming that they didn't have to take action to pace the economy.
digestive finger hoping market
This is more a digestive phase. You have a market that's grasping and hoping to try and put a finger on the bottom.
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I think the fact that the election is so close is having an effect on the Dow. It's (the race) so close here that little bits of nuances like a 24-year-old story on George W. Bush is having an effect on stocks.
bulls earnings party stronger wine
Earnings have been good, but we're priced for perfection. The bulls want a stronger wine to keep the party going.
earnings economic major morning positive tape
This morning it was really a story of positive earnings on the tape and no major hiccups on the economic front. All in all, it's going to play out as a respectable but not blow-out earnings season.
downside last lead market question three unable
That kind of capitulatory downside will lead to bounces, but the question is sustainability and follow-through. That's something the market has been unable to demonstrate any credibility in doing so over the last three months.
fairly healthy profit run taking week
I think a week of profit taking is fairly healthy after the kind of run we've seen.
positive shift structural
You've got HP today. You also have a structural shift, a seasonal shift that is very positive right now.
market
The market is not going to be applauding this,
decent earnings economic health major positive reports tape tech three
It was really a story of positive earnings on the tape and no major hiccups on the economic front. You had decent reports from three sectors in general: industrial, tech and health care.
recovery
It's a mildly affirmative day as recovery makes the scene.
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Selling on the news has been the mantra for second-quarter earnings season. What's more has been the bull's inability to piece together any kind of winning streak. With sustainability in question and anxiety abounding about tomorrow's (Thursday's) Employment Cost Index and Friday's second quarter GDP, few players are willing to step up to the plate today.
april data fears feeling few fuzzy inflation jobs kicking past run skepticism stocks together warm
Stocks have put together a respectable run over the past few sessions, but we're not getting that warm and fuzzy feeling this time. With inflation fears kicking around and the April jobs data looming on Friday's horizon, skepticism is in the air.
ahead deal fertile generally investing market relatively roads slowing
I still think it's a relatively fertile investing environment. There are better roads ahead and the market is generally going to try to consolidate and deal with a slowing economy.