Art Hogan
Art Hogan
few gaining household improvement last major name next provided week
There's a lot of improvement priced into the earnings, and provided we see confirmation of that, we should be able to keep gaining over the next few sessions, ... But if another major household name -- like GE last week -- were to disappoint, you could see some selling.
economic factors falling negative news oil positive war
There's been this tug of war all day between factors like falling oil prices, more negative than positive economic news and everything going on at GM,
plenty reasons sell stocks
There's been plenty of reasons to sell stocks today.
data positive
There's been a slew of positive data in between.
certainly company point
There's certainly not one thing you can point to and say 'this is because,' ... It's company by company.
apple complexion couple early focus household ibm looks markets names research shape weeks
There's a lot of trepidation out there about earnings, ... A lot of times, the complexion of markets is what the household names are doing. A couple of weeks ago it was about IBM ( Research ) and Apple ( Research ). Today, it looks like the focus is on Amazon, and that can shape the market -- at least in the early going.
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,
assume bad hurting microsoft people
A lot of people assume that what's bad for Microsoft is bad for technology, and that's what's hurting the Nasdaq,
although bad good main news street wall
Although this is bad news for Main Street this is very good news for Wall Street,
employment higher hoping management number people rally report supply
A lot of that rally had to do with the ISM (Institute for Supply Management) number, particularly the employment component, with people hoping that in turn, Friday's monthly report will show a higher number of payrolls than what people are expecting.
buy kicked program quickly selling turned
A lot of program selling kicked in, especially on the S&P 500 and those quickly turned to buy orders.
boost buy investors stocks tech wireless worried
We're getting an oversold bounce. Telecoms are getting a boost because of the AT&T Wireless (news), ... Investors are going to buy those tech stocks that we're not necessarily worried about.
bad dreadful good investor news point psyche
We're in that dreadful point in investor psyche where bad news is bad news and good news is bad news,
best change data economic finished host next plays spent week work worrying yields
We spent the week worrying about yields and what the economic data would do. We managed to work our way through it. We finished off the week the best we could. Next week we have a host of economic data that may or may not change our mind. We'll see how it plays out.