James Park
James Park
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.
options volatility
With options expiration today, there was not as much volatility as we had expected. We were in range-bound trading.
catalyst combine dealt goes good market needed normal numbers speak today volume
Today goes to show that the market needed a catalyst to get it going. Volume on the sell-side has been high. Everything is normal and not rapid, which is a good sign, but the numbers speak for themselves. When you combine everything we dealt with today it makes sense we're at these levels.
today
Today is a very directionless market, ... It is really quiet. There's not much going on.
brings direction economic fed numbers skewed
When the economic numbers are all skewed in one direction, that brings up the Fed again.