Art Hogan
Art Hogan
continues moved news path perspective resistance upside
Microsoft's news was put into perspective as the day moved along. The path of least resistance continues to be to the upside for this market.
continue fed month pass slowing trend until wait
If we continue to see the trend slowing and we get better (economic) numbers, I think the Fed can take a pass at the end of the month and wait until August.
ahead anniversary behind bound building continue date september until
Nervousness is building ahead of the one-year anniversary of September 11, and it's bound to continue until we get that date behind us,
bad continue point start string trend
We really have priced in a lot of bad news. Even if we continue to see a string of (negative) pre-reports, at some point in time, we're going to start to trend higher.
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.
catalyst continue crossed economy fingers keeping key people signs
We're keeping our fingers crossed that we'll continue to see signs of (economic) stabilization, ... The economy is key and will be the catalyst to get people off the sidelines.
continue couple earnings gains glad held oil ran steam
I think that we just ran out of steam after a couple of hours. I am glad that we held on our gains from Friday. Oil will continue to be a driver, earnings will be a driver, and so will economics.
confidence consumers continue created high interest lower money rates remain retail spending stayed stores
The retail stores are doing well. Consumers remain confident, continue to be out there spending their money, ... A lot of money was created with lower interest rates and refinancing -- things of that nature. So, consumer confidence has stayed very high and retail stores, that have actually done it right, have been doing pretty well.
continue economy fed perhaps slowing
If we can continue to see (the economy slowing down) perhaps we're done after Tuesday's Fed meeting.
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.
certainly expected happen last points thousand
We expected it to happen by the end of the year, certainly not in the first quarter. The last thousand points have really been at breakneck speed.
calling focus forward great growth intensive looking news people period question revenue robust week
We're going through a very news intensive period this week and the focus of all of that is slowdown of revenue growth going forward, but we're probably overreacting, ... We get great numbers, but looking forward we don't have the robust growth -- so people are calling into question valuations.
consensus helps overall quarter season second upbeat
The season started upbeat and that was terrific. That helps the overall consensus that the second quarter (reports) will be rosier.
ahead calendar earnings fourth good lining looking major market people quarter range second third upsets
The second quarter is lining up to be another good quarter but people are looking ahead to the third and fourth quarters. Barring any major upsets on the earnings calendar I'd say the market is pretty range bound.