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...
last trading volatility
You're going to see a lot of volatility all day. It's the last day of trading for the quarter, so things get hectic.
ability compared earnings entire events focusing individual last market money move names next traders
Compared to the last two weeks, there are not too many scheduled events with the ability to move the entire market next week. So traders will try to make money by focusing on individual names and earnings reports.
earnings expect last move next price producer provide saw surprises week
Last week we saw earnings pre-announcements and a higher-than-expected producer price index move stocks. Next week, we expect more earnings surprises and the CPI to provide the volatility.
earnings last looking market problems seems
Looking back, the S&P 500 is at four-and-a-half-year highs, so it seems the market had no problems with earnings last quarter.
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.