John Augustine
John Augustine
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.
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.
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.
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.