Art Hogan
Art Hogan
clearly confidence investor
Clearly investor confidence has not come back in the market.
buying next time
By this time next week, we'll probably say we overdid it and be buying stocks.
action either fed guess higher meeting remain start tuesday until venture volumes
But if I had to venture a guess I think we'll start trending higher up until the Fed meeting on Tuesday and then really take off. Unfortunately, the volumes remain anemic here so there's not a whole lot of action going on either way.
action investors market safe
Investors feel that the Fed's action on Tuesday, May 16, has been priced into the market and it's safe to get back into the water,
advance advantage cash investor investors levels pick record sentiment shifting starting taking volume
Investor sentiment is shifting and volume levels are starting to pick up, ... Investors were just taking advantage of yesterday's one-day record advance to take some cash off the table.
discount fourth growth investors price quarter second starting
Investors are starting to discount the second quarter and price in growth in the fourth quarter,
broader compared concerned data economy half investors lows market process second sector services surprise terms test
In terms of the thought process on the economy, today's ISM data on the services sector didn't help. It didn't really come as a surprise -- but, having said that, the broader thought process that the economy isn't doing well in the second half compared with the first half has investors concerned that we may need to test the lows of the market again.
bargains bottom bring buy earnings form great include line list quality remember together top wish
If you've put together a wish list to buy stocks, there are some great bargains out there. The include quality names, those that remember to bring that top line revenues down the bottom line in the form of earnings -- that's going to be the key.
buyers came longer
Buyers came back into the marketplace. But I don't know how much longer that will be.
anywhere line near number stock
If the payrolls number is anywhere near in line with estimates, we're not going to see much of a stock reaction.
continue economy fed perhaps slowing
If we can continue to see (the economy slowing down) perhaps we're done after Tuesday's Fed meeting.
companies earnings flight hanging people quality revenue tech value
In the earnings pre-reporting season, the companies that alarmed us so much were tech and telecom, ... We still have earnings jitters and nervousness about revenue growth. I think people feel there is more value in the Dow, which has been hanging in there, so that's where the flight to quality comes in.
fact fed move speaks starting
We are starting to see (economic) stabilization and, I think the fact that the Fed didn't make a move speaks to that.
news positive relatively
We had some relatively positive news for the markets, the first positive news we've had for some time, ... Plus, we are very oversold after ( Wednesday's ) action.