Timothy Ghriskey
Timothy Ghriskey
people season wake
If (these warnings don't) wake up people that we're in preannouncement season and the preannouncements are going to be bad, I don't know what will,
economist hikes interest last point positive rate seen thinks
What our economist thinks at this point is that we have probably seen the last of interest rate hikes by the Fed, which could be a positive thing for the transportation sector,
good numbers saw
We saw some good numbers come out of GE and UTX, which bodes well for the economy, but I think we're still in this correction.
buyers certainly good last opportunity provided week
We've had some very good earnings. Certainly the sell-off we've had in the last week or so has provided an opportunity for buyers to come back into the market.
biggest concern consumer crude earnings global issue levels news remains
We've had some not-great earnings news, such as GM. But to us, the biggest issue remains oil. Crude up at these levels is a concern for the consumer and for corporations on a global level.
help high intel
Expectations were so high for Intel that they couldn't help but disappoint,
affect economy leadership market period seems terms
This seems to be a period where the market is very unsettled. There's really no leadership and that's because there's a lot of uncertainty, not only about the Fed, but in terms of where the economy is going and how that will affect corporations.
buyers left maybe money starting
Maybe there aren't a lot of sellers left and buyers are starting to put money into the market,
financial major obviously risk stocks worse
Obviously very leveraged to the financial markets, ... When stocks are going up, this stock should do better than the market. When stocks go down, it should do worse than the market. So, there is risk here. But, it's the most diversified of the major broker dealers.
foot labor major next people seeing shows tends volatility volume weekend
We're seeing volume but no volatility in prices. And I think that just shows you that a lot of people are away and people are not making major moves. But next week, when everyone comes back from the Labor Day weekend it tends to be a big week and they really put the foot to accelerator and go, go, go.
earnings good investors last mostly news october reason saw seeing
We're seeing the same thing that we saw in October during the last earnings period, where investors used mostly good news as a reason to take profits.
barrel crude drag falls light oil parts price rally sets sweet various
Light sweet crude is over $45 a barrel now, and that's a big drag on various parts of the economy. I think at some point, the price of oil falls and that sets off a rally in the market.
company confidence earnings industry metal outlook recovery remains road
These earnings really give analysts confidence that this company and the industry and the metal are well on the road to recovery and the outlook remains strong.
aggressive alan basis fed greenspan happen knows market needs points prepare raising rates start talk
The talk is that the Fed is going to be getting more aggressive soon, and may start raising rates by 50 basis points at a time. It's not going to happen this time, because (Fed Chairman) Alan Greenspan knows he needs to prepare the market for this in advance.