John Augustine
John Augustine
activity bring catalyst energy good holding looking mergers mixed news stock upside
Big institutions are holding back their own capital. They're looking for an upside catalyst for stock prices. Any activity on the mergers and acquisition, buy-back or dividend fronts, mixed with good news out of energy or the Fed, would be a catalyst to bring the big institutions back into stock market.
labor market memorial sell stock until
This may be one of those years in the stock market where you'll want to sell on Memorial Day and go away until Labor Day.
banking cyclical funding industry interest level literally markets news positively pressure raising reacting seems starting taking
The markets are reacting very positively to the news out of Japan. They're literally starting at the funding level to the banking industry before they start raising interest rates. This seems to be taking some pressure off the cyclical sectors around the world.
absent came core good higher inflation retailers sales support
Retailers came out with pretty good reports. One would think we'll see a pretty good retail sales number, and that would give support to the market, absent much higher core inflation numbers.
downward driving earnings issues pressure stay stock testing top
Earnings are driving the testing of the top end for the S&P 500, but geopolitical issues are here to stay for some time. That will put downward pressure on the stock market.
coming couple earnings good news next saw season sector suspect tech
Overnight, you saw good news coming out of the tech sector and we suspect they are good harbingers of things to come out of the earnings season for the next couple of weeks.
equation exchanges financial fit looking sector volume
Just as the brokerages are often a harbinger for things to come in the financial sector, the exchanges will probably fit into that equation of forward- looking financial sector indicators, and they'll revolve around the volume trends.
absence both concerns crude disturb economic expect fears growth holding likely markets oil range stay stock supply year
There are fears that any supply disruptions could disturb oil markets and such concerns are holding back both economic growth and stock prices. In the absence of any such disruptions, we expect that crude will stay in the $50-$70 range this year and will likely always be on investors' minds.