Marc Pado
Marc Pado
cycle heading likely market months opportunity percent seems worst year
If you're going into the worst year of a four-year cycle and heading into one of the worst months statistically of the year, then it seems like a likely opportunity for the market to see its 10 percent correction.
market post settle unexpected
Post 'quadruple-witching', it would not be unexpected to see the market settle down a bit.
added additional basis faded fed gave investors juice june market needed overhead points potential rally serious time yesterday
Every time investors think the Fed is going to be one-and-done, they rally the market 100 points. Yesterday was no exception. The potential for an additional 25 basis points in June faded from over 50% to about 28%. That gave the market the added juice it needed to penetrate serious overhead supply.
bullish buying faces january looks market negative technical
It looks like some seasonal New Year's buying will give the market a bullish start, but this January faces many negative technical obstacles.
attention good greenspan market news raised remove shifted time
Any time you remove uncertainty, it's good news for the market. Having raised the question, the market has shifted its attention to Greenspan from earnings.
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.
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.
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.
attention continue december earnings employment market needs next plate report shift starting step
By the end of this week, the attention will shift to the December employment report and then on to earnings starting next week. By the end of the month, earnings and forward-looking projections will be what needs to step up to the plate if the market is to continue the rally.
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.
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.
economic opposed percent signals technical time whether year
If you're down 10 percent and you time it appropriately, then you could be up 18 percent at the end of the year as opposed to 8 percent. That's why I'd look at whether the economic signals corroborate the technical signals.
anticipate clear fed funds soon stop trying
The 10-year has been trying to anticipate the fed funds rate. As soon as (Fed policy-makers) made it clear that they weren't going to stop at 4.75 percent, there was a big jump.
domino effect negative news
It is a domino effect of negative news.