Jon Brorson
Jon Brorson
earnings good season
I think earnings will be good this quarter. The pre-announcement season was very innocuous.
good
Caterpillar had good numbers. That's got to help.
bonds continue crude good last momentum rally setting stage today week
They managed to rally after being down most of Friday, so I think some of that momentum will continue today. Crude is off a little bit, bonds are up, so I think it's setting the stage for a pretty good day today on the back of a pretty good week last week.
came concerns gains good inflation investors might opportunity reports start stocks
We might start the day with some gains in stocks on the back of the good reports that came this morning. But with concerns over oil, and inflation down the road, investors may take the opportunity to take some profits.
commentary earnings federal gone great greenspan last looking market members people sitting year
People are looking for commentary from Greenspan and other members of the Federal Reserve, ... Earnings have been great over the last year and half, but the market hasn't gone anywhere, and it's because the Fed's sitting on the market.
nasty people
People are real skittish after the sell-off on Friday. That was a pretty nasty bump.
earnings forecast generally growth percent track
Our forecast was for earnings to come in around 13 percent year-over-year growth, and they're on track to do it. They are surprisingly better than expected, and outlooks have been good, generally speaking.
buys market surprised tomorrow wakes
I wouldn't be surprised if the market wakes up tomorrow and buys them (stocks) back again.
ebay metals mining mixed related
Today, it can be summed up with GM, eBay and metals and mining stocks. It's all related to earnings, and it's a mixed bag.
gains gold sensitive tend worried
Gold is very sensitive to inflation. If you're worried about inflation, you tend to see gains in gold.
dollar earnings economy far trend
We got a lot of earnings and so far so good. The trend is going to be up, frankly, because the economy is chugging along, even with $74 dollar oil, amazingly.
bit equity last light market quite run three
We've had quite a run over the last three weeks, and I think the equity market is going to have a little bit of profit-taking, especially in light of a no-news day.
corollary curve mean recession seen yield
We've never seen a recession without the yield curve inverting, but the corollary is not true: Just because the yield curve inverts does not mean we're going to have a recession.
federal gorilla king kong market remove sitting stocks work
Sitting on the market has been this 800-pound gorilla, King Kong of the Federal Reserve, and when you remove this gorilla ... I think stocks can work their way higher.