Timothy Ghriskey
Timothy Ghriskey
basically dead half slow type volume wednesday week
It's the type of week where we're going to see slow volume and basically a half day Wednesday and a dead Friday.
feed market rally reluctant shows
It was a very reluctant rally but it shows how much the market can feed on itself.
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.
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.
although fear federal forward inflation might months next numbers people reserve week worrying
The fear that's out there is forward looking, with people worrying about inflation and what the Federal Reserve might do in the months ahead. So the numbers next week won't help, although we do get a lot of earnings, which is good.
continue expecting mantra measured point
Everyone is expecting a 25-basis point rise. The mantra has been measured and we expect it to continue to be measured.
company economy gm growth knows miss oil reflective third
Everyone knows growth slowed in the third quarter, and so for a company like GM to miss is not surprising, considering that it's so reflective of the economy and impacted by oil prices.
bit correction early january might quiet stocks
You could see a bit of a correction in early January on the stocks that have done really well in this end-of-2004 rally. Otherwise, you might see a quiet period.
continue economic help improving looks main news steadily
The main thing is the economic news looks like its steadily improving and that should continue to help stocks.
fear tech
I think there's a lot of fear about the earnings, particularly the tech earnings.
becoming comments dropped fed hikes language late maybe pointing rate speeches word
But the language in the Fed comments and in Greenspan's speeches of late has been pointing to rate hikes becoming more aggressive, ... The word 'measured' is going to be dropped soon, maybe at this meeting, maybe at the next.
business cautious companies conditions current economic economy few future impact impression improving last might onto rather seen taking trend
The impression is that corporations are being increasingly cautious in their projections for the first quarter, which is a trend that you've seen for the last few quarters. I think the companies are taking current economic and business conditions and projecting them onto the future earnings, rather than incorporating the impact the improving economy might have on earnings.