Charles Payne
Charles Payne
bias calm data few looks next somewhat
This really looks like the calm before the storm. The bias is still somewhat positive, you can see that with the Dow, but there's a lot of data to get through in the next few days.
buying fallen signal
To me, if we get the right signal on Friday, we'll see some of that buying go into fallen angels.
ahead bail belief buyers given good gotten higher investors market quarter stocks though trade wants
Stocks rallied pretty good and they rallied, in part, on the belief that this quarter would bail us out -- and we know that's not the case, ... But this market still wants to trade higher -- even though investors have gotten ahead of themselves, they're still buyers if given the right catalyst.
additional bad both corporate earnings figure good hard means rate rather rebound sooner space street wants whether
It's hard to figure out whether the Street wants bad news, which means additional rate cuts, or whether the Street wants good news, which means corporate earnings will rebound sooner rather than later. We're in a really interesting space between both of those.
analyst arrogant bandwagon coffin determined drive last nail seems single street
It seems like every single analyst on the Street is on the 'old economy' bandwagon and determined to drive the last nail in the coffin of highflying techs and arrogant investors.
certainly
It will certainly loom as the largest, most influential stat we'll get.
soccer jobs children
I think it's insane, absolutely insane for a person to have one of the highest and most important jobs in the entire world to be saying that he has to be at his children's soccer practice.
paying-taxes taxes
I don't like paying taxes, same as everybody else.
disappointment cutting reality
We knew it was coming but there were some rumors of a possible 50 basis point cut (a half a percentage point) and every time that happens it sets us up for disappointments. The reality is a very large majority of people don't know how to react to this so they're taking their cue from the market. It's really indecision.
good low news nice
With the low volume, if we have some good news on Friday, we could get a nice jump,
days holding instead last market negatives number reasons rose seeing texas today worse
We're seeing some selling, but today is interesting in that it's reminiscent of a number of days last week, where there are a lot of reasons for the market to be down much worse than it is -- the Dow rose yesterday, you have Texas Instruments and other negatives -- but instead it's actually holding in there better than we would have expected.
bounce leg
We still have a non-inflationary environment. I think this is more of an oversold bounce (for the Nasdaq). We'll see what kind of leg it has.
economic faced factor market people problems ruling sidelines stocks tech
There's a recognition factor that any of the so-called economic problems that faced the tech stocks also face any other company. Uncertainty is ruling the market and most of the people who have been on the sidelines are still on the sidelines.
benefit bottom companies doubt element hit investor psychology spread
There's a benefit of the doubt that most of these companies have hit bottom and I think there's still an element of investor psychology to spread the wealth.