Timothy Ghriskey
Timothy Ghriskey
again good leading market relative sector seeing seen sign strength technology
Yet again we're seeing relative strength in the technology sector and we've really seen this for about a week. Big Tech is leading the market and that's a good sign for that sector.
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,
building calendars certainly clear coming fact favor highly historic market related seen since somewhat stock styles technology valued volatile wrong
We've seen a very volatile stock market since February. Different styles and sectors, like technology or financials, coming in and out of favor with no clear direction. There's nothing really wrong with techs. They are certainly somewhat highly valued by any historic measure, but probably not as highly valued as they were in February. We think, actually, come the fall, we could see a big tech rally, and that would probably be related to the fact that the IPO calendars are really building at the big underwriting firms, the big broker dealers.
bias consistent continues cyclical exception last technology
The Dow continues to outperform, ... This cyclical bias has been pretty consistent the last two weeks, with the exception of yesterday, when technology was participating, too.
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.
early good january reputation time year
I think early January should live up to its reputation as a pretty good time of year for stocks.
fed levels point wind
We do have the wind of the Fed at our back. At some point this downturn we're in levels out.
caused collapse dealt iraq issues last leg process resolution seeing
We really think we're seeing a bottoming in the market. We think the issues really have been dealt with that caused the real collapse of the market. We think we're in a bottoming process that can last a while -- we think the last leg of it is resolution of the Iraq conflict.
caused collapse dealt iraq issues last leg process resolution seeing
We really think we're seeing a bottoming in the market, ... We think the issues really have been dealt with that caused the real collapse of the market. We think we're in a bottoming process that can last a while -- we think the last leg of it is resolution of the Iraq conflict.