Timothy Ghriskey
Timothy Ghriskey
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.
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.
business reported stock strong
That part of their business was very strong in the previously reported quarter, and that's why the stock is rebounding,
avoid buy company small stock
The company he envisions is small enough to avoid antitrust issues, but big enough to be a real player, ... I'd buy stock in that kind of company.
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.
break crude flat likely market oil result sideways stay stock time unless
Oil is likely to stay in the $40's and that is likely to result in a flat stock market for the time being, ... Unless crude can break out of that range, I think we're likely to see sideways trading.
certainly economic improvement paper pulp stock
This is a pulp and paper stock, which is very leveraged to economic improvement, ... That's certainly a stock we like a lot.
august bonds certainly helped market money moving oil recent retreating stocks support
Oil was down a lot on the day and that certainly helped the market to support recent gains. There's also money moving from bonds to stocks here, with bonds retreating after the August run.
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.
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.
feed market rally reluctant shows
It was a very reluctant rally but it shows how much the market can feed on itself.
depends earnings far internal investment performance toughest
The brokerage earnings are by far the toughest to predict, because so much depends on how their internal investment performance was.
allied brings concern force gives leadership major management marriage strong synergy
I think it's a marriage made in heaven, ... First of all, it gives Allied leadership for the future. Honeywell brings with it some strong management and that was a concern to AlliedSignal shareholders. There are cost-cutting and synergy opportunities. This is going to be a major force going forward.
buyers left maybe money starting
Maybe there aren't a lot of sellers left and buyers are starting to put money into the market,