Timothy Ghriskey
Timothy Ghriskey
boost earnings market seem
It doesn't seem like corporations want to boost their earnings projections as much as the market would like.
help high intel
Expectations were so high for Intel that they couldn't help but disappoint,
bet great investor investors market proved sector technology year
If anything that this year has proved to investor or should have proved to investors is don't bet on just one sector of the market even if it is technology with that great growth,
case clear economy life march muddy remain report terms waters whether
The waters remain very muddy in terms of the economy. Friday's payrolls report made the case that the economy still has some life to it, but it's not clear yet whether the slowdown in March was temporary.
continue economy gains period saw stock strong support
Even if GDP is strong tomorrow, even better than the 6.0 consensus, you may not see a big stock reaction, ... As you saw yesterday, we're in a period where the economy should continue to support the stock gains going forward.
yesterday
If you look at today, you've got to say yesterday was a sucker's rally.
causing market move unlikely
It's not causing a sell-off like it has in the past, but it does make it unlikely the market can move a lot higher.
backing buying closer expected hit last pressure relief seeing selling three
You're seeing a little relief buying after the pressure of the last three days. There was a lot of selling on the speculation about Rita, but now that it's getting closer to where it's expected to hit land, there's a backing off.
earlier rally ran saw yesterday
The little bear-market rally we saw earlier and yesterday just ran out of buyers.
dramatic interest rates rise sent
There's been this dramatic rise in interest rates recently, and it's sent a shiver through the market.
carry combined demand economy financial strength strong underlying
There is still strong underlying demand for financial securities. That, combined with the strength of the economy could carry us to year-end.
banks domestic economists gross growth investment lower product
the investment banks and economists may come out and lower second-half gross domestic product growth forecasts.
august bit certainly direction fed influence market meeting summer time vacation
I think the August Fed meeting is a big overhang. And certainly the direction from that meeting will influence where the market goes. We could get into a bit of a summer doldrums here with August looming, from vacation time and all of that,
cautious invariably investors money search spread stay values
I think it's important for investors to be cautious there -- probably take some of that money off and search for new values in the market, ... Spread out your investments, because if you stay in what has been hot, invariably there will be a correction.