Art Hogan
Art Hogan
market volatility
It's going to have a lot of volatility in the market place.
care consumer creeping fed good news retail sales shows side worried
It's good news because it shows there's no creeping inflation. And the Fed is not worried about inflation. What they care about is the manufacturing side of things, retail sales and consumer spending.
consumer economy good remember turn
It's good to remember that it's the consumer that's going to turn this economy around -- and if the consumer is out there spending, that's a good sign,
economy economy-and-economics few harsh past recent sends signal storms weathered
It sends a signal that the U.S. economy has weathered some pretty harsh storms over the past few years and in recent months.
bad behind earnings follow guessing numbers worst
It's earnings pre-reporting season, ... I'm guessing that a lot of the worst is behind us is going to come out in commentary. Unfortunately it is going to follow numbers that are just as bad as the first quarter.
Is this over-done on the downside? I would have to say so,
gives trading
That gives us a lot of trading time, unfortunately.
particular slow summer
It's distressing how slow it's been this particular summer season,
news sell tech type
It's a 'buy on the rumor, sell on the news' type of market, especially in the telecom and tech sectors,
activity billion boon companies economy good great moves
It's a good day for the market, ... It's a great boon for the economy when you've got more than $70 billion in M&A activity (mergers and acquisitions), and these companies are making these moves because they think the economy is getting better.
intel pack related revenue sell showing
It's a pack mentality, ... If LSI is showing a revenue slowdown, then we're going to sell everything that is related to semiconductors -- and that's why Intel is down.
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.