Donald Selkin
Donald Selkin
corporate domestic drift markets profits range start until
Markets are going to drift in this range ... until corporate profits and GDP (gross domestic product) start to improve.
earnings guess headed ibm lower rally toward turn
The IBM earnings were good, but is this enough to turn things around?. I guess the futures could rally overnight, but as it stands, we're headed toward a lower open.
bulk comments earnings economic fourth holiday positive quarter season stocks strong
By November, the bulk of the third-quarter earnings will be out there, and we know that they've been pretty good. But for stocks to go higher, we're going to need another catalyst. Expectations for a strong fourth quarter could do it, positive comments on the holiday season could do it, but really, I think it's going to be the economic news.
consistency market moves random volatile
The market will be very volatile and uncertain. The moves are random and there's no consistency in the markets.
earnings small stocks
The stocks that are benefiting most from better earnings are the small and mid-cap ones.
bounce concerning consistent days early guess lift next seem selling
I guess after all this selling you could see an oversold bounce next week, and some up days here and there in early February. What's concerning is that there doesn't seem to be anything to lift us on a more consistent basis.
august nice ourselves rally rest steady
If we can go steady for the rest of August and September, we could set ourselves up for a nice rally in October.
earnings growth people perceive
This is where the earnings growth is. This is where people perceive the opportunities are to make money.
bond interest market obsessed rates stocks worries
If it comes in too weak, you get worries about the economy. If you get a blowout number, everyone will get obsessed about interest rates again, the bond market will go into a tizzy, and stocks will slide.
fact major market period three
For the year, the three major indexes aren't doing much, but considering the period we're in, the fact that the market has done all right is surprising.
advance fed market raising strongly
The market really can't advance that strongly as long as the Fed is raising rates.
hanging market
The market has a lot of headwinds it's up against, yet it's still hanging in there.
next week
Next week is the big one for earnings. You've got Microsoft, Intel, all the banks.
beat pathetic revenge sector stocks
Prudential upgraded the semiconductors and that got the sector going. This was the revenge of the nerds. The most beat up, pathetic stocks had one of their up days.