James Niosi
James Niosi
economic growth inflation issue numbers people pressure reinforce strong whether willing wondering
People are wondering whether the numbers are going to reinforce strong economic growth and whether or not it's going to put the pressure on the inflation issue again. Nobody's willing to take a direction.
bit flows money negative panic selling traders trading virtue
There was a little bit of panic selling when trading started. A lot of traders are identifying bargains. But money flows are still negative by virtue of a lot of selling.
bit establish large market rally rate relief saw trying
It was very skittish today. I think, to a large degree, the market was trying to establish a range. We saw a bit of a relief rally on yesterday's (U.S) rate increase.
data heavy holding people week
We've got some pretty heavy data this week and I know people are holding off a little bit.
attitude bolster earnings expected guidance heading hear help investors market next odd surprise waiting widely
We're experiencing a wait-and-see attitude because it's widely expected that earnings will not be that great. The odd surprise will help bolster the market but more importantly investors are waiting to hear guidance heading into the next quarter.