Tim Ghriskey
Tim Ghriskey
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,
potential stock
It is a stock that has the potential to disappoint.
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.
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.
blackberry gain loss market mean outcome regardless ruling share
Regardless of the outcome of this case, today's ruling is going to mean a market share loss for Blackberry and a gain for Palm.
industrial lead market outlook positive start today tone
This should lead to a positive tone to the start of the market today and to the outlook for industrial earnings.
against appears believe certainly competing hard industry led major networks shake time
While it's certainly an industry issue, we believe Ericsson is having a hard time competing in networks against competition. That appears to have led to a major shake up at the top,
dangerous downside hanging hope investors stocks technology
There are a lot of investors we find who are hanging on to technology stocks with the hope that they're going to rebound, and that's still a very dangerous thing. We really need the capitulation of those investors. So we still could see more downside on the Nasdaq and in technology.
account almost certainly coming current helping intel moderation number oil positive prices
There are some high-profile upgrades this morning, and Exxon Mobil and Intel are certainly helping the market. Adobe earnings, the current account number coming almost in line, and the moderation in oil prices will be a positive on the market.
companies consumer costs given higher lower oil sales spike third
Given the spike in oil during the third quarter, I think we're going to see higher oil costs in manufacturing companies and lower sales in consumer companies from oil squeezing out other purchases.
announced both cut cuts executive pay similar types unions
GM's announced cut both to the dividend and to executive pay is not a big surprise. Cuts like this were important to negotiations with the unions for similar types of cuts in unionized pay structure.
again cause comments credit equity focused goes housing market money speech
His speech was really focused on real estate. But then again if his comments cause some money to come out of the housing market and some money to come out of the credit market, where does it go? It probably goes into the equity market.