Jeff Kleintop
Jeff Kleintop
above break despite fed finished good level light looks market raising ready seen until volume
Technically, the market still looks pretty good despite the light volume we've seen this week. But we're probably not ready to break out above this level until we get a better read on when the Fed is going to be finished up raising rates.
economy expect move north recent
But with the recent data, I expect that to move north of 5 percent. The economy is pretty strong.
generally good news oil prices
Oil prices are slipping, and that's generally good news for the market.
ahead creeping flatter happen keeping later nobody stuff wants year
Nobody wants to get ahead of things. The stuff that could happen later in the year could be creeping into things now, which is keeping us flatter than I would've liked.
bond impact line markets neutral numbers report stock
The impact of the report is pretty much neutral for the stock and bond markets because the numbers were pretty much in line with expectations.
doubt energy fall job months next prices
No doubt a fall in energy prices makes his job over the next 12 months easier.
costs driving fears flu fuel gold prices rising skilled struggling wages
Not only are avian flu fears and fuel costs driving prices higher, but gold prices are also on the rise. Meanwhile, wages for skilled laborers are struggling to keep up with rising expenses.
aggressive catalyst economic fed key reaction reducing seeing seems soft stocks worries
Once again, we're seeing a reaction to soft economic data. It seems to be the key to reducing worries about how aggressive the Fed is going to be going forward, which seems to be the catalyst for stocks here.
based changing christmas economic mix price reflects service
The Christmas Price Index reflects the changing economic mix in the U.S. away from manufacturing to a more service based economy.
appear bleak certainly consumers corporate headed perhaps profits spending warning
Consumers still do appear to be spending their (tax) rebate checks, but perhaps not as aggressively as we would have hoped. Certainly corporate profits still look pretty bleak headed into the third-quarter warning season.
company compelling finding huge leader sector tech
It's not a sector play. There's no real huge leader like tech was in the '90s. It's about finding the right company with a compelling story.
company compelling finding
It's about finding the right company with a compelling story.
changed last meeting statement
What's disappointing is that after a two-day meeting with a new Chairman, we got a statement that is little changed from the last one.
advance exactly fed good job showing
We got exactly what everyone expected, showing the Fed did a very good job of telegraphing in advance what they were going to do,