Charles Payne
Charles Payne
days holding instead last market negatives number reasons rose seeing texas today worse
We're seeing some selling, but today is interesting in that it's reminiscent of a number of days last week, where there are a lot of reasons for the market to be down much worse than it is -- the Dow rose yesterday, you have Texas Instruments and other negatives -- but instead it's actually holding in there better than we would have expected.
above stays wave worse
I think it could have been a lot worse (at the open). But I think it's important that the Dow stays above 9,600 or we could see another wave of selling.
belief brunt next performing reflected selling sincere six sort tech took
Techs took the brunt of the selling yesterday, so that may be why they're performing a little better today, ... There is also a sort of sincere belief that next year, and even in the next six months, tech and telecom will perform better, so that may be reflected in the buying, as well.
convinced good investors leadership question second themselves
No one is panicking and that is the good news. There's no leadership out there and there are a lot of question marks. Investors have convinced themselves of a better second half, but it's not assured.
good low news nice
With the low volume, if we have some good news on Friday, we could get a nice jump,
disappointment cutting reality
We knew it was coming but there were some rumors of a possible 50 basis point cut (a half a percentage point) and every time that happens it sets us up for disappointments. The reality is a very large majority of people don't know how to react to this so they're taking their cue from the market. It's really indecision.
paying-taxes taxes
I don't like paying taxes, same as everybody else.
soccer jobs children
I think it's insane, absolutely insane for a person to have one of the highest and most important jobs in the entire world to be saying that he has to be at his children's soccer practice.