John Davidson
John Davidson
follow fully initial jobs numbers people positions positive report seen short suspect
I suspect people have started to recalculate their positions going into the jobs report and they don't want to be short -- they want to be fully invested. If the numbers really follow what we've seen for the initial jobless claims, it could be positive for the market.
falling oil price rise risk seen taken
Some of that risk has been taken off the table. That can be seen in the falling price of oil and a rise in equities.
businesses capital evidence hiring point rising seen spending
What we've seen has really been priced into the market. At this point we need to see evidence of rising spending on capital and businesses hiring employees.
affect discipline gold helped maybe players price seeing seen support
You've seen how OPEC has had some discipline, and that's helped to support the price of oil, and maybe the gold players are seeing that if they use some discipline as well that that may also affect the gold price and their business.
belief bouncing claims few fully market morning next number pick rally reflected seeing seen start weekly
The market has now fully reflected its belief in a second-half pick up, but for the kind of rally we've seen to continue, you're going to need to start seeing evidence. The weekly jobless claims number this morning is a start, but it's not enough. We could be bouncing around in the next few weeks.
close continued determine economic few forth full labor market next people positive struggle trying weeks whether year
I think we'll close the year in positive territory. But in the next few weeks you're going to see the market in a continued struggle back and forth with people trying to determine whether we have a full economic recovery, even with the labor market struggling.
continued economy fact greenspan growth market maybe move people raise signs until volatility
I think we have continued volatility until we really see signs of growth in the economy slowing. When we see the economy slowing, I think that people will be more comfortable with the fact that maybe Greenspan is not going to have to continue to raise rates, then I think the market can move ahead.
earnings good overall positive
I think that overall we are in for a pretty good earnings quarter, and that may be a positive for stocks.
positive
I think we will have a positive year.
economic employment forward key news statistics
I think what's going to be key going forward will be the tradeoff (in the economic news) between the statistics on employment and statistics on inflation.
bound election hesitation until
I think there's also bound to be a lot of hesitation until the election is over,
earnings grind historic job largely looking people taking until
Largely people are taking a look at historic information. They're looking at earnings and job cuts, and people are concerned. I think we're going to grind it out until earnings come back.
coming similar special
Our special favorite, however, is IKOS, ... because it is coming out with a drug that will be similar to Viagra.
case commodity fact greenspan labor market minority prices raise rates thinks tight
I think I'm probably in the minority that thinks that Greenspan may raise rates on Tuesday. I think the real case is a fact that the labor market is really tight and commodity prices have really increased.