Art Hogan
Art Hogan
bad care cuts door further news open positive rate relatively stability yesterday
The door being open for further rate cuts is bad news. We don't need further rate cuts, we need stability in the economy, ... We do care that we oversold yesterday and there's relatively positive news on the semiconductor front.
adding best biggest ebay energy fourth higher household impact interest name piece problem quarter rising sentiment
The fourth quarter is when we'll see the impact of rising interest rates, higher energy prices, ... I would say eBay is the biggest piece of the problem this morning. It's a household name and it's adding to the sentiment we're not going to have the best of fourth quarters.
cash catalyst deal great
The catalyst will be liquidity, ... There's a great deal of cash on the sidelines.
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.
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.
news positive record rest trend
This is more of a technically-driven rally. If the news is positive for the rest of the week, we should trend higher, but not enough to set any new record highs.
atrocious defying market negative news today
All of the news we got today was negative and the market was defying it ... the news was atrocious today,
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.