Timothy Ghriskey
Timothy Ghriskey
action bad certainly days last lows market news prospect september several
The prospect of nearing the September lows is propping up the market. Certainly the news was bad last night, but the market action over the last several days has been more positive.
flow generally gut higher labor light news pick says stock volume
Volume is very light, and the news flow is generally light as well. After Labor Day, I think we're going to see volume pick up, and my gut says we're going to see higher stock prices.
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.
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.
continue earnings few negative news number people positive potential sell short stock strong support
There have been few negative pre-announcements and a number of positive ones. Third-quarter earnings should be strong and that should continue to support the stock market. But there will always be pullbacks and volatility. There's always the potential for people to sell the news and you may see that in the short term.
continue earnings few negative news number people positive potential sell short stock strong support
There have been few negative pre-announcements and a number of positive ones, ... Third-quarter earnings should be strong and that should continue to support the stock market. But there will always be pullbacks and volatility. There's always the potential for people to sell the news and you may see that in the short term.
ford friday motor news type warned
Ford Motor warned Friday and that type of news is pressuring stocks,
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.
begin continue depend early earnings economic estimates evidence fact judging july less market move negative recent start
I think we can see the market continue to move up through the summer, but it's going to depend on the earnings and the economic news. We should begin to see some evidence of an economic pick-up in the July data, which will start to come out early August. Second-quarter earnings look to be favorable, judging by the estimates and the fact that there have been less negative pre-announcements than in recent quarters.
beyond lift relief seen slight
I think we've seen a slight relief rally, but I don't see what there is out there that's going to lift us beyond that.
bringing correction early highs level market reached seems since stock
I think we've had a pretty significant correction in the stock market since the highs in early March, and we've reached a level that seems to be bringing in buyers.
although effect market meets stock time
I think any time OPEC meets it has an impact, although OPEC doesn't have the same effect on the stock market it once did.
asset cash favorable managers portfolio sitting sure tends today window
I think today is a day of portfolio window dressing, with asset managers making sure they don't have cash sitting around for the end of the year, which tends to be favorable for stocks.
jeff upfront wants
Jeff wants to be more upfront with investors.