Donald Selkin
Donald Selkin
bombed break highs industry moving rare stocks
What's interesting is it's rare to break new highs in an industry that's pretty much bombed this year. Many stocks go sideways. This one is moving up.
head hit
We're getting hit over the head in all directions.
anxiety coming good looking national next people shape waiting
We're in good shape for now, but there's still going to be this anxiety, where people are looking over their shoulders, waiting to see what's coming next on the national level.
drive higher motivation move stocks
Where's the motivation to drive stocks higher?. I thought that we could have done better, but there was no real motivation to move things higher or lower.
bad data economic faded few good half last month ok quarter sour weeks
We did OK for the first half of the month and then faded out -- a lot of the economic data in the last few weeks have been a little discouraging. It's kind of a sour way to end a good quarter but not too bad for the month.
april good january maybe move november recovery sideways typical
We made a good recovery off the April lows, but now we may need to move sideways and consolidate. Maybe then that will set us up for the typical November through January advance.
bottoms small volatile week
It's been a really volatile week. I think the bottoms that we made this week will hold, but that's small consolation.
next reporting statement
The wording of the statement will be important, and then you've also got Cisco and Dell reporting next week.
earnings fallen good next stocks wave
There's a lot of earnings for next week, but I don't see what's going to give us a lift. If the earnings have been good so far, and stocks have fallen anyway, what could the next wave of earnings do for us, even if they are positive?
adjusting corporate economic fact high market move pace profits recovery slower
The market is adjusting to the fact that corporate profits may not be as high as was previously thought and that the economic recovery may move at a slower pace than it did in the first quarter.
higher open overall strange
This was a strange day, but overall it was OK. All other things being equal, we should open higher tomorrow.
next numbers
We need a spark, I just don't see what there is in next week's numbers that's going to do it.