Richard Cripps
Richard Cripps
buyers certainty keeps lack prefer
What this does is it keeps buyers away. It's a lack of buyers. And they would prefer some certainty.
facing higher interest prices rates rising starting stock themselves
We're facing the realization that rising (interest) rates and rising stock prices are incompatible. The higher rates are really starting to make themselves felt.
basis cut good looking market percentage point quarter situation
We've set up a situation where a 25 basis point (a quarter percentage point) cut is good but you're looking at a market that's desperate.
concern last noticeable pickup seen
We've seen a noticeable pickup in concern over the last two months.
current earning earnings good growth next stock
Good earning growth. Next year, their earnings will be about $1.90 (per share). That's just 10 times this year's current stock price.
dressing market mind next people window
Keep in mind most people are now working into the next quarter. The window dressing that has been powering the market may be gone.
display great putting
Putting it in context, it wasn't a great display of bullishness one would assume.
conviction impression pressure selling signs
There are no signs here that give you the impression that the selling pressure has bottomed. There's just not a lot of conviction out there.
broader buyer conviction correction dynamic investors lack rise view
There is a lack of buyer conviction. The whole dynamic of the Nasdaq rise and correction is, in a broader sense, an inflection point. But investors just view it as weakness.
reality setting
The reality is setting in on the AOL/Time Warner deal.