Tim Ghriskey
Tim Ghriskey
combined consumer earnings energy gas impact oil prices profit pump reflected spending statement
It is an oil day. Oil is over $68 now and that, combined with a very hawkish statement from the Fed, is weighing on the market. Energy prices at the gas pump are impacting consumer spending and its impact is reflected in AutoZone's earnings and Avon's profit warning.
call company cult degree earnings hurt missed misses selling stock street wall
When a company selling at this valuation and is this much of a Wall Street darling, and what we call a cult stock, misses earnings to the degree it missed here, the stock is really going to be hurt by it.
below earnings sales
The big thing is the second-quarter sales and earnings (forecast) being below expectations. It's not going to be greeted favourably in this environment.
call company cult degree earnings hurt missed misses selling stock street wall
This is a competitive market. When a company selling at this valuation and is this much of a Wall Street darling, and what we call a cult stock, misses earnings to the degree it missed here, the stock is really going to be hurt by it.
betting committed company earnings efforts future growth management market pay spending stimulate
This is a company where management is still committed to spending earnings to stimulate future growth and market share. You are betting with management that their efforts are going to pay off. Is there any guarantee? No.
below earnings quarter sales second
I think the big thing is the second quarter sales and earnings being below expectations.
driving earnings factor fee full increases kick major peak season
After the peak season ends, the fee increases will kick in and that will be a major driving factor in boosting earnings for the full year.
earnings energy excited higher influenced lower market perhaps prices stocks
Earnings in 2006 will be influenced by a combination of higher rates, energy prices and perhaps even lower demand. The market is not excited with stocks right now.
both earnings revenue
Earnings and revenue were both significantly better than expected.
potential stock
It is a stock that has the potential to disappoint.
certainly early ease fed growing late lower markets might move next perception rally spread technology
I think there is a growing perception that the next move by the Fed could actually be to ease -- in other words, lower rates. Now, we're not going to see that certainly before the election, but we could see it late this year, early next year. I think as that perception might spread through the markets and become the consensus, we could actually see a rally in technology stocks,
gas high higher people prices
People are already reeling from high prices at the gas pump. I think they're going to be reeling even more from higher heating costs.
market nervous profit raises sold stock
We don't think it does (change the pace), but it raises some uncertainty and the stock has sold off in some profit taking. This is a nervous market environment.
early holiday push retailers sales trying
Retailers are trying to push holiday sales early -- before those first big heating bills.