James Park
James Park
buying coming numbers optimistic people resilience seeing
The numbers were nothing too special, it wasn't the most optimistic reading, ... We're just seeing a lot of resilience today. Some people are coming back in and buying on the new quarter.
conviction summer trading
I just see a lot of listless trading into the end of the summer -- there isn't much conviction,
advantage buying gains people related seeing taking
I think we're just buying off weakness, ... A lot of the gains we're seeing are related to index-related buying. People are bargain-hunting and taking advantage of the momentum.
desk organized pen red signifies stocks
I never, ever, ever write with a red pen -- red signifies losses, ... I also keep my desk completely organized. I feel the more organized I am, the better my stocks trade.
looking market maybe natural oil prices reality speaks starting
The divergence in commodities and the market speaks for itself. When you're looking at oil and natural gas, these prices are still high. Maybe the reality is starting to set in.
earnings economic guidance news raised
Earnings have been lackluster, guidance has been disappointing and the economic news we've just had, has raised inflationary fears.
continuing definitely extremely markets volume weather
I think the weather is going to be a big concern, ... The markets are definitely continuing their rally, but volume is extremely light. Liquidity is more of an issue.
although closed hit hope louder market positions square starting volume
I hope New Year's in Times Square is louder than the market is today. Although we're starting to see the market hit different levels, we haven't had the volume to keep up. A lot of positions have already been closed out.
commodity curve finally holding light market negative options reacting strong volatility weakness
The market is finally reacting to commodity prices. The weakness on the long end of the curve is contributing to the weakness too. We've been holding strong for this week, but everything is in a negative light today. There's a little more volatility because it's options expiration.
definitely gains held jobs level markets reaction seeing terror threat
The markets should have held on to gains after the jobs report, ... What we're seeing is definitely a reaction to the terror threat level being raised.
caught pants playing recent short tech traders volatility weakness
And traders that were short playing recent weakness and volatility in tech were caught with their pants down.
gains holiday locked low movements players quiet volume
It's kind of a holiday snoozer, ... All of the big players have locked in their gains for this year. It's just going to be quiet with exaggerated movements because of low volume this week.
gains intel led market president pressure rebound shares speech tech turnaround
The market was under pressure for most of President Bush's speech. Once that was over, tech led a rebound on gains for Intel and a turnaround in shares of Oracle.
options volatility
With options expiration today, there was not as much volatility as we had expected. We were in range-bound trading.