James Park
James Park
catalyst combine dealt goes good market needed normal numbers speak today volume
Today goes to show that the market needed a catalyst to get it going. Volume on the sell-side has been high. Everything is normal and not rapid, which is a good sign, but the numbers speak for themselves. When you combine everything we dealt with today it makes sense we're at these levels.
continuing definitely extremely markets volume weather
I think the weather is going to be a big concern, ... The markets are definitely continuing their rally, but volume is extremely light. Liquidity is more of an issue.
although closed hit hope louder market positions square starting volume
I hope New Year's in Times Square is louder than the market is today. Although we're starting to see the market hit different levels, we haven't had the volume to keep up. A lot of positions have already been closed out.
looking market maybe natural oil prices reality speaks starting
The divergence in commodities and the market speaks for itself. When you're looking at oil and natural gas, these prices are still high. Maybe the reality is starting to set in.
gains intel led market president pressure rebound shares speech tech turnaround
The market was under pressure for most of President Bush's speech. Once that was over, tech led a rebound on gains for Intel and a turnaround in shares of Oracle.
definitely gains held jobs level markets reaction seeing terror threat
The markets should have held on to gains after the jobs report, ... What we're seeing is definitely a reaction to the terror threat level being raised.
based commodity interest less lower market oil prices rates trading uniform
The market reacted to lower oil prices. We're going to be more based on interest rates and commodity prices for a while. There was less volatility, and trading was more uniform today.
commodity curve finally holding light market negative options reacting strong volatility weakness
The market is finally reacting to commodity prices. The weakness on the long end of the curve is contributing to the weakness too. We've been holding strong for this week, but everything is in a negative light today. There's a little more volatility because it's options expiration.
caught pants playing recent short tech traders volatility weakness
And traders that were short playing recent weakness and volatility in tech were caught with their pants down.
earnings economic guidance news raised
Earnings have been lackluster, guidance has been disappointing and the economic news we've just had, has raised inflationary fears.
today
Today is a very directionless market, ... It is really quiet. There's not much going on.
companies earnings expectation guided meeting
Right now I think the expectation is that a lot of these companies are meeting muted estimates. I think you'll see earnings guided higher, but that outlooks will be tempered.
options volatility
With options expiration today, there was not as much volatility as we had expected. We were in range-bound trading.
brings direction economic fed numbers skewed
When the economic numbers are all skewed in one direction, that brings up the Fed again.