Al Goldman
Al Goldman
depressed economic either everybody good keeping price problems
On one side, we've got pretty good economic fundamentals. On the either side, we have all the problems that are keeping everybody depressed -- Iraq, Iran, the price of oil.
cause earnings economy increase modest pleasant point quarter second
Second quarter earnings are going to be a very pleasant surprise. A quarter point increase won't even cause the economy to sneeze. It's so modest it will not be a factor.
broad current extended market modest pressure selling three
Selling pressure was broad as the market extended its current modest setback to three days.
economic friendly numbers
This morning's economic numbers were friendly for stocks,
federal increase interest rates report reserve sign
The report was a sign that the Federal Reserve may not need to increase interest rates as high.
confidence earnings gone low per share wall win
It is understandable why confidence is so low with what's gone on in Wall Street, but at the end of the day earnings per share will win the day.
factor internal market momentum next number points week
The number one factor next week will be the market's own internal dynamic. In other words, how much more momentum does the market have after going up 1,000 points in one month?
hitting jobs report
This jobs report is what's hitting the market.
blood boy everybody highly knows sector seen shine shoe valued
There's been more blood being let in the sector than I've seen in long time. Everybody and their shoe shine boy knows we're highly valued in the sector.
although chance cut dramatic fed january move surprise today
It was a surprise although we thought it was a 50-50 chance the Fed would cut before the January meeting. The Fed made a dramatic move today and it was needed. The Fed is now our friend.
blue bottom crank deep drag lower market whale
Crank that into a market and it will drag lower than whale droppings at the bottom of the deep blue sea.
christmas confidence consumer ought people
Consumer confidence is a blow-out number. It also ought to make people feel better about Christmas sales.
close ending far fed hike news rate support today
The news so far today would support those who think the Fed is not close to ending its rate hike cycle.
numbers
The numbers are very significant for the markets,