Tim Heekin
Tim Heekin
economic friday hugely news next rest week
There's no economic news out Friday or Monday, and the economic news the rest of next week is not hugely influential,
continue few four gets hands months next people since sitting weeks
In the first four months of the year, people made a lot of moves, but since then, I think people have been sitting on their hands a bit. I think that will continue in the next week, but a few weeks from now, it gets more interesting.
few leadership lose next past selling software support tech tend three top
Semiconductors and software have been the leadership for the past few months, so when there's tech selling now, they tend to lose support first. But we're at the top of a range, technically, so we're going to see some selling for the next two or three sessions.
center election focus hopefully jobs later next people report stage
The election will take center stage next week, but hopefully that will actually end on Tuesday. Then later in the week, people can focus on the jobs report and the earnings.
favor growth
A lot of growth equities are in favor right now.
drifting
It's just drifting up today, there's no one catalyst,
half people rally second setting themselves
After that period, you could see a rally in July, with people really setting themselves up then for the second half of the year.
betting bond dark equity horse income market money movement people sell starting truly worth
This movement in the bond market is amazing, truly unprecedented. People are starting to sell fixed-income and put that money into stocks. Equity is starting to look like this undervalued dark horse worth betting on.
causing companies concerns giving optimistic ripples
If companies are not giving optimistic guidance, that's causing some ripples and some concerns in the market.
economic fourth market people reacting row
This is the fourth day in a row where there's been disappointing economic news, and the market is reacting to that. People are also doing a little consolidating before the weekend.
economic impact news obviously oil prices tomorrow wild
You've got oil prices and the economic news having an impact today. Obviously tomorrow it's all about unemployment. That's the wild card.
less people wednesday
It's the Wednesday before Thanksgiving, there's no one here, desks are half-staffed. There are going to be even less people around Friday.
brakes fed fueled lead meeting people realizing shifted
The lead up to the Fed meeting was that we are going to be done soon, they are going to put the brakes on, and that fueled the momentum. But now people are realizing that they aren't done yet, and that's shifted the psychology.
guided opportunity rocking tech
They had an opportunity to get tech really rocking if they said something positive, but instead, they guided lower.