Donald Selkin
Donald Selkin
card earnings economic higher hit numbers wild
If we can hit these economic numbers and the earnings are good, and we can chug a little higher this week, that would be helpful. The wild card is still oil.
fact grinding higher people shows
The fact that we are grinding higher shows that people are getting more confident.
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.
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.
december early good higher november percent saw since
We saw a 2 or 3 percent pullback in early November and it has come back since then. What could take us higher in December is a good pre-announcement season.
higher open overall strange
This was a strange day, but overall it was OK. All other things being equal, we should open higher tomorrow.
higher interest investors looks market maybe picture profit rate time tough worried
The market looks ahead, and maybe investors are worried that between the higher interest rate picture and the decelerating profit growth, the market may have a tough time advancing.
bear few grin maybe next november optimistic run
I'm maybe more optimistic for the end of the year, but for the next few weeks, I think we are still in these treacherous waters. We're just going to have to grin and bear it, and then maybe we'll see a run up in November and December.
completed extent fed justifies rally reaction stunned
It's such a knee-jerk reaction. I don't think that what the Fed said justifies the kind of reaction we saw. I would like to think that we could rally back after the certification is completed tomorrow, but I don't know. I am just stunned by the extent of this decline. Hopefully, it was a one-time reaction.
bad earnings
Earnings have come in not as bad as the expectations.
determine events fed hurdles jobs market meeting month next november reaction report tone tuesday week whether
The big hurdles next week are the Fed meeting Tuesday and the jobs report Friday. The market reaction to those events may set the tone for the month and determine whether we'll see a November rally.
mean relief tremendous
There's tremendous relief after all the selling, and statistically, we have some verification that this could be a bottom. But that doesn't mean we're going to see another day like this. There's still tremendous negativity.
felt low maybe news people rally rates seeing seemed sure
I'm not so sure that the rally was commensurate with the news out of the Fed. They seemed to say that they're going to keep rates low for a long time, which wasn't a surprise, but maybe people felt better seeing it spelled out more clearly.
buyers classic couple days definition few lower people rally selling strong
I'm encouraged. You get a strong rally for a few days, a couple of days of selling so people can take some profits, then new buyers come in at the lower level. That's the classic definition of an uptrend.