Marc Pado
Marc Pado
card earnings iranian key market obviously resolved short wild
Obviously the Iranian thing is a wild card and nothing's going to get resolved in the short term, but the earnings are really what's key to the market and any longer-term perspective.
market post settle unexpected
Post 'quadruple-witching', it would not be unexpected to see the market settle down a bit.
add companies fail fourth holiday likes nobody season
Nobody likes to fail in the fourth quarter. There are going to be companies that did well in the holiday season and they will be able to add to gains.
left market oil plenty plus production
Net-net, there's probably plenty of oil in the market. OPEC left production quotas, so that's a plus for the market this morning.
averages bulls carry claus clearly expect highs next rally santa year
The Santa Claus rally is clearly underway. I expect to see the bulls carry the averages to new 4 1/2 year highs right into next Friday's close.
looking morning slightly start stocks
This morning stocks are looking to start the day slightly lower.
attempt failed favor high momentum swung
The momentum has swung in favor of the bulls, but we need to keep it going or it will look like another failed attempt at new high ground.
bulls work
The bulls have some work to do today.
bulls continue earnings opportunity roll
The bulls had a real opportunity. Earnings continue to roll in, and for the most part they are in-line or better than expected.
companies given interest likely negatives restrained rising statements
And the forward-looking statements that companies are likely to give will probably be restrained given all the negatives that companies see: rising interest rates, rising mortgages, a lot of concern.
companies hear pulse retailers tech
What we need is to hear from companies that take the pulse of the consumer. Tech will be one of those groups. Retailers will be another.
coming concerns continued energy fallen further increases market oil prices push quickly rates several support taken trading war winning
In the war of rates vs. oil, one would have to say that oil is winning out. Concerns of further rate increases are coming to fruition, yet the market has continued to push higher. Energy prices have fallen quickly and have taken out several trading support levels.
cause crude decline earnings economic ending following friday investors list major meeting outweigh reports short sure tuesday
I'm not sure that Friday's decline will outweigh this week's long list of earnings reports and short list of economic data, ending on Friday with fourth-quarter GDP. Crude is making investors nervous, and by the end of the week, the FOMC meeting on the following Tuesday will also be a major cause for concern.
bounce high left major market momentum morning question since sustained whether
Internally, the market's bounce left something to be desired. Since the market went out on the high of the day, it should have some morning momentum left. The real question is whether or not it can be sustained without any major earnings-, economic-, or oil-moving news.