Brian Williamson
Brian Williamson
Brian Williamsonwas a Jamaican gay rights activist who co-founded the Jamaica Forum for Lesbians, All-Sexuals and Gays. He was known for being one of the earliest openly gay men in Jamaican society and for being one of its best known gay rights activists...
attacks continued major market markets negative nigerian oil overseas several situation
The situation has not improved. With several major overseas markets down and continued attacks on Nigerian oil fields, this market has a negative backdrop.
below crude factor helping leading might potential rally
Crude below $60 is helping a little bit. There's some speculation that there's a potential build-up in crude inventories, so that might be a factor leading into the rally in the Nasdaq and S&P.
decline people starting wonder
People are starting to wonder if this late-summer decline is for real.
bullish change obviously sentiment
There's obviously a very bullish sentiment there when you look at the tape. But you know, the volume's a little quiet, and that sentiment can still change in a heartbeat.
barrel dollars effects level people scare start
The push-up (in oil) was enough to scare some people with geopolitical unrest overseas, but it's a long day. Sixty-two dollars a barrel is probably the level where you start to see some effects on equities.
bleeding edge fuel leading negativity problems push rest texas
Obviously, with the Nasdaq leading losses, Texas Instruments' problems are bleeding through to the rest of the tape. It was just enough negativity to push us over the edge and fuel some of this profit-taking we're seeig here.
faded fed instead market maybe optimism perhaps three
There have been some expectations in the market that the Fed would perhaps do, instead of three hikes, maybe two going forward. That optimism may have faded a little bit.
earnings economic energy focus looks market number
The number looks pretty much in line. Ex-food and energy was better than expected. The focus is on earnings now this economic number is out of the way. The market looks to be doing OK off the get-go here.
concern continue corporate fed street
The big concern that the Street has with the Fed is if they continue to go at this pace, what does this do to corporate profits?
We're still right back where we were this morning.
buying faded lifted market momentum rest
I think the market bounced off of Oracle's turnaround, which triggered some institutional buying. We had some momentum buying that lifted tech, but the rest of the market kind of faded off.
buying faded lifted market momentum rest
We had some momentum buying that lifted tech, but the rest of the market kind of faded off.
either exaggerate investors less light managers moves next portfolio retail tends traders volume
Volume should be very light next week, with a lot of portfolio managers and traders out on vacation. But less liquidity also tends to exaggerate moves in either direction, so retail investors should be cautious.
buy cautious good investors quick seeing selling
You're seeing some selling now, some consolidation maybe, but I'd be cautious of that. The market's been very resilient. Investors have been very quick to buy if they get a little good news.