Art Hogan
Art Hogan
catalyst further move run sort
We've sort of run into resistance, we need a significant catalyst to move us further and it's just not there.
earnings focusing gotten meat sort start state
We've sort of gotten through the meat of earnings season, and we're going to start focusing on the state of the economy.
bag biggest earnings economic focus mixed shifted surprise
We've shifted focus here. It's been earnings, earnings, earnings all week, now its the economic reports, ... Unfortunately, it's a mixed bag and the biggest surprise was the GDP reading.
good market means money rough seen staying stuff worked
We've seen some really good stuff and some really rough stuff, ... The market has worked its way through a bottom, at least on the Nasdaq and S&P. Money is rotating, so that means it's staying in the market and that's good news.
cross currents funds talk
There are a lot of cross currents today. And there is talk that one of the big hedge funds is going under the waves.
brethren equally follow high mark positive space
We set the mark kind of high with the Goldman Sachs' report, so we're not positive its brethren in the space can follow through and equally outperform.
ahead bid close fed frame hope market monetary people policy time tired tomorrow waiting within
People are bid up the market by the close to get ahead of the Fed on the hope of a 'Fed bounce' tomorrow (Tuesday), ... We're still well within the time frame of the Fed's monetary policy stimulating the economy, but people are just tired of waiting for it.
baked best outlook quarter question seen statements
Outlook statements for the first quarter are the best that we've seen in some time, but the question is, how much of that is already baked into the market?,
continue current direction drift economic employment investors market report until
I think the market will continue to drift without any real direction until we get Friday's employment report and investors get a sense of the current economic outlook.
bad calls chatter conference forward guess market
I think the market has discounted a lot of the bad second-quarter chatter we're going to hear, and my guess is that conference calls going forward are going to be much more positive,
awful bombing earnings fact investors juncture market moving reports seems sidelines sort starting
I think the fact that we had this awful bombing ... and yet the market seems to be moving on, that it's starting to become sort of priced into the marketplace. We may get investors to get back in off the sidelines at some juncture as we start to get earnings reports for the quarter.
fourth quarter signs
I think the fourth quarter is going to be great, ... We just don't have signs of it yet.
basis current data lower points signs terrific trend
I think the Fed's going to lower by 25 basis points and I think the trend is going to show stabilization and a pick-up in growth. The current data is not going to look terrific but there will be signs of stabilization.
certainly early good higher oil prices work
I think the early going, the higher oil prices are what's happening, ... We could certainly work our way through it if we get some good earnings.