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...
beating front horse pass seems time tries works
He's been working good. It seems like every time he works there's some horse that's in front of him or tries to pass him. It's made him work faster, but he's been beating them.
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.
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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.
build enables momentum
Our partnership with Nasdaq... enables us to build on the momentum we've already achieved,
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.
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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.
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.
both currently economic human street toll
There is a human toll and an economic toll and the Street is currently weighing both of them.
We're still right back where we were this morning.
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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.
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.
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The situation has not improved. With several major overseas markets down and continued attacks on Nigerian oil fields, this market has a negative backdrop.
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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.