Evan Olsen
Evan Olsen
buy demand good people sell stocks
People will not sell stocks to buy the 30-year bond, but a good auction, with good demand for the securities, will actually be a positive.
ahead cut event general positions
In general we try to cut our positions at the end of the day and even more so on a weekend. Ahead of an event like this, you're going to be a lot more conservative than normal.
almost benefit energy gulf money mostly people prices rita turn
It's mostly just celebrating that Rita didn't turn out to be as devastating to the Gulf as feared, and energy prices are down, ... Almost all sectors benefit because people have more money to spend.
early earnings enthusiasm far optimistic people
It's very, very early in the earnings season, but so far it's been pretty good. We started (the day) with people optimistic after yesterday, but the enthusiasm has faded.
certainly energy except help impact lift negative oil positive prices rise though
A rise in oil prices always has a negative impact for most stocks, except for the ones in the energy sector. Today's upgrades though are certainly a positive and may help lift some stocks.
good last relief week
We've had a pretty good sell-off for the last week and a half. I kind of characterize it as a relief rally.
growth money november people positive seeing tone
November has had a lot better tone to it than usual. We're seeing money rotating into the growth stocks. If I had to guess, I think people are pretty positive on the market.
continues oil spike start watch yesterday
Oil had a pretty big spike yesterday and that was negative. If it continues to go that way again, it could be something we start to watch again.
cycle despite fed focus near shifting spike sure
Despite the spike in yields, everyone is sure the Fed is near the end of the rate-hiking cycle and the focus is shifting to earnings.
apple group harder hit last leading overall seems
Apple was a disappointment last night. It's kind of leading the techs down. That group seems to be getting hit harder than the overall market,
activity damage fears stores
There's been a lot of activity in restaurants and stores on fears there will be damage to their operations.
confidence consumer market number numbers rally stronger surprised
Consumer confidence is the big number today, ... I wouldn't be surprised by a market rally if the numbers come on the stronger side.
bulk catalyst feeling gains investors major money rally seen taking
Investors are feeling that we've seen the bulk of the gains already so they're taking some money off the table. There's no major catalyst to keep this rally going.
again focusing kindness start tough
We are going through kind of a start of what is typically a tough month. We are again going to be focusing more on earnings.