Tim Ghriskey
Tim Ghriskey
concerns costs energy higher impact interest investors rally rates seen stock stocks took
There's still a lot of concerns about the impact of higher interest rates and energy costs weighing on the stock market. And after the rally in stocks we've seen this week, investors just took a pause.
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.
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.
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.
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.
impediment legal market positively pushing ruling survival though tobacco
Even though this was a well-anticipated reversal... the market still has reacted positively to the ruling in pushing up tobacco stocks, because this removes yet another legal impediment to the survival of the industry.