Rick Hutcheon
Rick Hutcheon
bizarre economy energy game market mines quite rest stocks tech virtually
It's been quite a bizarre market. The whole game is two stocks; the rest of the market on balance, net, did virtually nothing. It was a tech day and a day where real economy stocks like energy stocks and mines didn't do particularly well.
accounts held paper stock
I would think that that stock would be held in a lot of index-type accounts that probably can't own a lot more American paper than they already do.
banks bit great last moves seeing week
The banks had some great moves last week and so we're just seeing a little bit of consolidation.
action fed guess market
My guess is the action of the Fed was pretty much discounted by the market already.
absolutely cut hang hats mode
We're absolutely in wait-and-see mode and if he doesn't cut tomorrow, hang on to your hats because we're going down big time.
dry season
We're out of RRSP season now and that's going to dry up a lot of flows.