Tom Schrader
Tom Schrader
drift earnings meat summer tough
Augusts are tough months, ... We've pretty much got the meat of the earnings out of the way, and now we've got to drift through the summer doldrums.
chinese commodity concerned economy global hurt people slowing
A slowing Chinese economy would put a damper on commodity prices. People are concerned that slowdown would hurt the global economy.
chinese commodity concerned economy global hurt people slowing
A slowing Chinese economy would put a damper on commodity prices, ... People are concerned that slowdown would hurt the global economy.
certainly positive spin stock time
Any time a big stock like Honeywell is up 6 percent, that's certainly going to put a positive spin on the market.
article hit intel online pc sales slower
Intel and a Barron's online article about slower PC sales hit the techs in the morning, but I don't think they said anything that hasn't been said or hinted at recently.
earnings expected market receptive stock
Generally, earnings are better than expected and I think the stock market is receptive to that.
bottom extreme good guess hit lining looks lows month period positive rally several silver sort stay technical trying
I'm trying to stay positive but it's really hard. I guess one silver lining is that October, historically, has often been a period when we've been able to put in a good bottom and see real capitulation. We've already hit several lows this month and from a technical standpoint, it looks like because we are at such extreme levels, we really could see some sort of rally before the end of the year.
authorized aware bush causing intelligence-and-intellectuals leak maybe news weakness
The news that Bush was aware of or maybe authorized the (intelligence) leak is what's causing the weakness in the market.
advance broad case markets pick sector today
It's a broad advance today -- pretty much every sector is up. It's really just a case of ... an oversold market, but sometimes oversold markets pick up steam.
definitely gains might money people putting tough
It might be tough to keep up this pace, but the gains will probably continue. People are definitely putting money into stocks.
eye hard inflation looking
They'll be looking at the PPI with a real hard eye for what inflation is going to be,
action coming consumer energy investors less money morning news oil prices worried
They like the CPI news this morning and the action in oil markets, with oil down 2 percent. Investors are less worried about inflation, and with energy prices coming in a little bit, that will give more money for the consumer to spend.
activity earnings economic extension japan last led money morning natural news people seems selling staggering table taking terrorist turkey until week weekend
It seems to be some natural selling, an extension of last week ... Terrorist activity over the weekend in Turkey led to selling in Japan and selling here; the earnings this morning were mixed, and you have no staggering economic news until Thursday, so people are taking some money off the table right now.
actual biggest both days earnings economic focusing generally gm guidance ibm negative numbers people putting seems
It seems that GM put a damper on things with some negative comments, and the economic numbers were a little weaker. They are both putting an overhang on the IBM news, which was generally positive. This is one of the biggest earnings days we have -- and people are going to be focusing more on the guidance than they are the actual earnings.