Donald Selkin
Donald Selkin
ahead based huge itself major market rally setting worst
This is the worst thing you want to see before major events. A huge rally that was really not based on anything substantial, ahead of two major events, is the market setting itself up for disappointment.
came continue growing higher light maybe people projected revenue worrying
They projected higher for the first quarter, but they came in a little light on revenue for this quarter. Maybe people are worrying that they can't continue growing at these levels.
bit cyclical rallying seems shifting
There seems to be a little bit of shifting into some of the beaten-down cyclical stocks. They are rallying off of oversold conditions.
among jump people sign skepticism trying
There's a lot of skepticism among professionals that too many people are trying to jump in -- so it could be a sign of the top.
days finds gets market negative puts reason sell
It was a very disappointing session. You would think after all these down days we would get a bounce, but when the market gets in a funk, it puts a negative interpretation on everything and finds any reason to sell off.
number stocks struck today ultimate
The number today struck me as neutral. More stocks are up than down, and that's the ultimate test.
head hit
We're getting hit over the head in all directions.
anxiety coming good looking national next people shape waiting
We're in good shape for now, but there's still going to be this anxiety, where people are looking over their shoulders, waiting to see what's coming next on the national level.
drive higher motivation move stocks
Where's the motivation to drive stocks higher?. I thought that we could have done better, but there was no real motivation to move things higher or lower.
bombed break highs industry moving rare stocks
What's interesting is it's rare to break new highs in an industry that's pretty much bombed this year. Many stocks go sideways. This one is moving up.
impact jobs news tech
Intel's news will have an impact on tech tomorrow, but it's going to be overshadowed by the jobs report.
difficult good market needs news range seem time
I just think we can't seem to get out of that range we're in. We're in a seasonally difficult time of the year. All the good news is in the market ... it needs a new catalyst.
bulk comments earnings economic fourth holiday positive quarter season stocks strong
By November, the bulk of the third-quarter earnings will be out there, and we know that they've been pretty good. But for stocks to go higher, we're going to need another catalyst. Expectations for a strong fourth quarter could do it, positive comments on the holiday season could do it, but really, I think it's going to be the economic news.
balanced basket fund losing
If you're in a traditional balanced fund or a traditional basket of old-line stocks, you're losing money.