Arthur Hogan
Arthur Hogan
digest earnings energy forecast fourth guidance three week
The three things we'll digest this week are earnings and guidance for the fourth quarter, and the long-term forecast for energy prices.
attention close earnings fourth guidance last looking nine people playing quarter reporting terms
In terms of this earnings reporting season, more what people will be looking for is what the fourth quarter will look like. Nine out of the last 10 times, the fourth quarter has been higher, so we'll be playing close attention to any kind of guidance we get.
bargain continues corporate hunters news relatively tech
We're very oversold, corporate news is relatively good, consolidation in tech and telecom continues to go on, and bargain hunters are out there,
across certainly colder effect energy weather
We've had colder weather across the country, so we're back on the energy watch, and that's certainly going to have an effect on stocks.
apple energy focus line prices upset
That's the one thing that can upset this apple cart. We would focus more on energy prices if we got something that was out of line with consensus.
continue energy faces hard market oil prices rally starting week
I think one of the conundrums the market faces is that we continue to see energy prices go higher. It's going to be hard to get the market to rally much this week with oil starting at $68.
act below positive spend time
If we can spend enough time below $60, I think that may act as a positive for markets.
continue facing market path running short tough unless
Right now, for the short term, the market is probably going to continue on this path for a little bit, ... Unless we get some dissipation of headwinds facing the market, we have a tough running ahead.
bet days great typical willing
No one is willing to make a big bet two days in a row. That's typical of the year: We've had a lot of great days, but no follow-through.
afternoon bargain clearly horrible hunting later nice terribly until
We had a terribly horrible day going on until the later afternoon when we had a nice turnaround, ... There's clearly some bargain hunting going on.
concerned good week
We've had a very good week and there's been some profit-taking. It's nothing to be concerned about.
behind digest earnings market positive price relatively reporting today tried
We've had a relatively positive earnings reporting season, with most of it behind us, and the market has tried to price that in, so today may be a day where we try to sit back and digest some of our gains,
earnings economy fact fed positive remaining robust vigilant
The fact that the Fed is remaining vigilant is positive for earnings growth. They see a robust economy and they see that continuing.
absolutely anyone sideways wants
It is absolutely sideways action. I don't think anyone wants to do anything one way or another.