Art Hogan
Art Hogan
concerned data economic larger picked saying spending sun
What Goldman is saying about Sun and EMC is IT (information technology) spending hasn't picked up that much, ... But we're more concerned about the economic recovery, so the data will probably play a larger role.
behind depending direction fed focus next pick until
Depending on what day it is we focus on earnings, we focus on the Fed. We have to get the Fed behind us before we really pick a direction. I think that direction will be higher, but not until next Wednesday.
advance advantage cash investor investors levels pick record sentiment shifting starting taking volume
Investor sentiment is shifting and volume levels are starting to pick up, ... Investors were just taking advantage of yesterday's one-day record advance to take some cash off the table.
afraid data economic picking terms
What we've gotten, in terms of economic data and earnings, is no sense things are picking up ? they're (investors) afraid of another ledge to go over,
household lead pick theme winners
I think the theme is going to be that you have to pick the winners, and I think the winners are going to be the large-cap household names, like IBM, Dell, Microsoft, Cisco, and Intel. I think they'll lead us for a little while.
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.
concern fed higher leave meeting rates remains rhetoric thinking
I'm thinking the Fed will leave the rates unchanged, ... We've ramped up pretty higher into this meeting and my concern is the psychological letdown if the rhetoric remains strong.
biggest consumer dollar earnings effects fear ill strong versus warn weak
The biggest fear is earnings going forward, ... All the consumer non-durable multinationals are going to have to warn about the ill effects of the strong dollar versus the weak euro, but that's cyclical.
early good market seeing wall
Not to be heartless, but this is very good for Wall Street, ... And I think that is why we are seeing this market take off in the early going.
america bad corporate knew letting news numbers stuff technology
The bad news is stuff that we know about -- it's Corporate America, especially on the technology front, letting us know they're not going to make their numbers and we knew that was going to happen,
gives trading
That gives us a lot of trading time, unfortunately.
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.
Once again, it's not what you do, it's what you say,
add buy close decide delete fund happening run russell
Once a year, they (the Russell) decide to add and delete stocks. So what's happening is at the close today, those who run a Russell Fund will need to buy all of the Russell additions and sell all of the Russell deletes,