John Davidson
John Davidson
falling oil price rise risk seen taken
Some of that risk has been taken off the table. That can be seen in the falling price of oil and a rise in equities.
focus modestly next wall week
But I think people's focus next week is not going to be Wall Street, it's going to be the holidays. I think you'll see a modestly up week.
cup gathers jewels minister
That minister of ministers, Imagination, gathers up - The undiscovered universe, Like jewels in a jasper cup
clearly news upsetting
The international news is clearly upsetting the market.
bloody came date decidedly economic exactly fact information might planned released secret time turned weaker
The interesting thing is that they did this on a day when economic information came out that was decidedly weaker than expected. It blunted what could have been a pretty bloody response. The resignations might have been planned for some time, but the fact that they were a secret and were released on exactly this date and at this time turned out to be very effective.
employment federal fold job manage objective price stability stock
The Federal Reserve's objective is two fold -- price stability and employment growth. All too often we think it's the Fed chairman's job to manage the stock market, when it's not.
environment materials natural people seem toward
In this environment, people seem to have gravitated toward natural resources, utilities and materials and away from technology.
energy good higher improving increasing looking result sector
If you are looking for a sector that has good earnings, I think the energy sector is having increasing and improving earnings, as a result of the higher energy prices,
committing grow investing investment lead market next people rent retirement saving technology waiting
If you're out of the market you need to be in the market if you're saving for your long-term retirement or for other elements, ... People have been waiting on the sidelines, not committing as much new money. I don't think you should be investing next week's rent check, but your long-term investment is going to really grow in the market, and technology will lead that.
ahead current due money next people reluctant report view weapons work
If you look out into next week, you've got the weapons report from inspectors due and the current view is that people may be reluctant to put money to work ahead of that.
attempt change fed recent signal
In recent years, the Fed has made a real attempt to be transparent, ... If they are going to change direction, they are going to signal it first.
continue housing
Housing will continue to be one of the economy's pillars, but it can't do it alone,
ceos crisis cuts help people process rate signing
But ultimately, rate cuts are not going to help the crisis of confidence. This is a process that is going to take a lot of time. We need to see CEOs signing off on the earnings. We need to see people getting prosecuted.
ahead catch continue economic gotten jobs last market news report seeing several start stocks
For the last several weeks, the market has gotten ahead of the economic news. You're seeing that with the jobs report this morning. For stocks to continue to climb, you need to see the economic news start to catch up.