Douglas Altabef
Douglas Altabef
bias continue conviction forecasts moderately people seeing seem stock support upwards year
The forecasts for the second-half of the year for the most part seem to support a recovery, but to some extent, that's already priced into the market, so you're not seeing that much stock reaction. There's not a lot of conviction and some people will take profits. But I think there will continue to be a moderately upwards bias for the remainder of the year.
economic federal iraq market meeting reserve resolution waiting
The market is in a wait-and-see mode. It's waiting for confirmation of an economic recovery, some kind of resolution on Iraq and on what the Federal Reserve is going to do in its meeting this month.
clearly conviction market seeing
The market is clearly in a cha-cha mode. There's very little conviction and that's why we're seeing this kind of volatility.
attitude bad good half market news tenacious
I think the market is beset with tenacious negativity. It's a 'glass is half empty' attitude in the market, where bad news is interpreted as bad news and any good news is just OK.
market time wanting
I think that there is an upward bias. The market for the first time in a long while is wanting to go up.
mixed news question
It's a mixed picture. There's no question that the news is a lot better, but it may be priced into the market.