Art Hogan
Art Hogan
definitely forward hottest sector
I definitely think the hottest sector going forward will be technology, telecom and financials,
bets cause particular placed ton wacky
I don't think there were a ton of bets placed during this particular quarter, but it does cause some wacky moves,
backup consumer happened listening
I don't think that's what happened here, I think that will be more of a fourth-quarter issue, ... I do think we'll see some backup in consumer discretionary spending. That's something we're going to be listening to on 4Q estimates.
damage equity few forward happen happened market microsoft past pricing
The equity market is a very forward pricing mechanism, ... I think what's going to happen to Microsoft happened over the past few weeks. The damage has been priced in.
commentary focus forward hearing invest markets mechanisms news pricing suggested trying
The equities markets are very forward pricing mechanisms so the (corporate) news you're hearing has been priced into the market, for the most part. The news that you should focus on is what will be suggested in the commentary that comes out because we're trying to invest for fourth-quarter growth.
borrowing continues corporate costs fear fed increase less piece speaks stocks stop wages
The increase in wages was the piece that really speaks to the inflationary pressure. The fear is that the Fed doesn't stop in March, that it continues through May. If corporate America's borrowing costs go up, that makes stocks less attractive.
bad east handful major mid news obviously rainy violence
A handful of bad news for a rainy Monday. The escalation of violence in the Mid East is obviously a major issue.
company hurt marquee push shares tech
The company being such a marquee name, it may hurt other tech shares and push the Nasdaq down.
concern corporate earnings economy growth picks quickly
The concern is about how much the economy picks up and how quickly that translates into earnings growth for corporate America.
attractive concern dollar europeans firmness last raising rates seeing start
The concern (about ECB rates) is that the firmness we've been seeing in the dollar is because they were raising rates and the Europeans weren't, ... If they start raising rates, that firmness evaporates, and our investments don't look as attractive as they did last week.
fed gave market percent
The market was up 5 percent and then the Fed gave us this gift.
durable gains goods hanging hold markets massive onto path report resistance weak
The markets are hanging on nicely, considering the massive gains yesterday, ... Clearly, if the market can hold onto its gains from yesterday, and through the weak durable goods report today, the path of least resistance is upside.
bad disasters market natural news seen stomach
The market has been able to stomach a lot of bad news -- we've seen disasters every day and the market has trended higher, ... This is day four, so it's only natural to want to take profits.
bit energy handle high impact keeping market
The market is keeping in lockstep with energy prices, ... As we get a better handle on the short-term and long-term impact of high energy prices, the market is able to rationalize a bit better.