Larry Peruzzi
Larry Peruzzi
performer shock stellar territory
It's more of a shock factor. It's been a stellar performer and a leader. This is kind of new territory for them being this cautious.
commodity economic environment high people pointing strong
All indicators are pointing to strong economic growth. That's got people excited, especially in an environment of high commodity prices.
again buy demand dried fed incentive increase investors meeting morning oil prices today took trading
The increase in oil prices as trading started this morning took away all the incentive to buy stocks. With oil going up again and a Fed meeting tomorrow, investors are being very cautious. Demand today has dried up.
bit coming earnings helped last lows saw
The earnings coming through are better than what we saw last week. Oil's made lows for the day so that helped us come through a little bit here. That's what is getting us a little bit of a bounce.
bigger closer definitely noticeable
It's definitely oil. We're closer to $80 (a barrel) than to $70, and that's kind of discouraging. The bigger it gets, the more noticeable it is.
bring certainly commodity consumers creative energy figuring income increase interest prices reduction retail retailers saw spur ways
If we saw a milder winter, or a reduction in energy prices and commodity prices, that will certainly increase the consumers' discretionary income and spur interest in retail stocks. Retailers need to be more creative in figuring out ways to bring consumers back into the stores.
bring buy buying coming helped names programs saw technology widespread
We saw some buy programs coming into the technology names. It was widespread buying into the small-cap names that had been lagging all through the day, and that helped bring things back.
add alarming couple elevated energy fed further inflation policy prices risk
There are a couple of things that were a little alarming from the Fed statement, one of those being that elevated energy prices may add to inflation risk and that some further policy firming may be needed.