Mark Bryant
Mark Bryant
gaining hard keeps oil seem
Oil keeps gaining and it doesn't seem to want to stop, ... It's hard to get any (stock) traction when that's happening.
estimates line number roughly shake stock varies widely
I think a payrolls number that varies widely from estimates will shake up stocks, ... But as long as we're roughly in line with forecasts, there probably won't be much stock reaction.
holding mid pattern pouring quarter ready second sort start
I think we're sort of in a holding pattern as we get ready for the second quarter earnings, which start pouring in around mid July,
basis expecting june move number people point rates rise sign soon starting
People are starting to move from factoring in a 25 basis point rise to expecting a 50 basis point rise, ... If Friday's number is particularly strong, people may take that as a sign that rates will rise as soon as at the June meeting.
kicked people summer until vacation waiting
A lot of people are still on vacation right now, the summer doldrums have kicked in, and everyone is waiting on Friday's payrolls number, ... There's just not going to be much liquidity until then.
bear please
This is hard, so please bear with me.
far market reason showing trade
The market has every reason to trade down, and so far I think it's showing some resilience,
adopt board consider figures led lower meeting pertinent
A re-analysis of pertinent figures at Monday's meeting led the board to consider and adopt the lower figure,
absolutely beneficial considered might otherwise pure
It's absolutely pure stewardship, the beneficial use of what otherwise might be considered waste.
basically continuing few last options rally sort stealth
It's basically an options expiration push, and it's continuing this sort of stealth rally we've had for the last few weeks.
certainly oil passed people talking uncharted
Oil is certainly not helping, ... We passed $50 a barrel, and as to be expected, people are now talking $60 or more, which is uncharted territory.
determine earnings exceed few forecasts market meet negative
With so few negative pre-announcements, many of the earnings should meet or exceed expectations, ... So it's what is in the forecasts that will determine the market direction.
concern defensive economy few healthcare hit mostly names seeing sensitive strength today
There is some concern with the strength of the economy going forward, ... and that's why you are seeing the economically sensitive names getting hit especially hard. What few gainers you see today are mostly in healthcare and other defensive sectors.
close looking needed raise
When looking at what is needed to close out the year, the only needed raise was 2 mills,