Charles Blood
Charles Blood
bad showing
It's pretty mushy out there. But it's not a bad showing after yesterday's (Monday's) drubbing.
bad showing
It's pretty mushy out there, ... But it's not a bad showing after yesterday's (Monday's) drubbing.
believes conditions continued expansion favorable financial longer support
no longer believes that financial conditions are favorable enough to support a continued expansion in p/e ratios.
everybody reasonable state
Everybody is in a pretty reasonable state of confusion.
cross matter time until
It's just a matter of time until we cross 5,000.
bond data economic increased market oriented past seems several soon stock towards
It seems the stock market is more tuned to the bond market now than it has been in the past several months. As soon as we got oriented towards the bond market, all this economic data increased in significance.
clear nice
We are pretty clear into a nice correction,
pessimism seem vulnerable
There doesn't seem to be the overwhelming pessimism that you typically see at a bottom. I think the market's vulnerable on the downside.
ahead case employment explain number profits today weekend weird
There really isn't anything to explain today in the employment report. There wasn't any weird number today. Everything was in line. (The profit-taking) could be a case of 'Let's not be piggish. Let's take some profits ahead of the weekend and the election,
bit bottom downside follow friday good last looks sort
A really good bottom looks a little bit like it did last Friday and Monday, but then has follow through, it doesn't just sort of sputter out. I'm a little bit concerned, in the short-run, that there's downside risk.
basically blue chip highs middle
I think we're going at least up to the old highs by the middle of September. I think this is still basically a big-cap, blue chip market.
direction investors
I think investors should be back in the market. The direction is up from here.
economy economy-and-economics interested markets policy rate
Historically, markets are much more interested in things like how the economy is doing and what interest rate policy is than who is in power.
according clear however media moving news tend true trying
These surveys tend to be media responsive, moving according to however the news is going. If you're trying to get true insight, it's not clear that's at all helpful.