John Kinsey
John Kinsey
floating ship
The TSE 300 was just like a rudderless ship floating on the waves,
ride seen
We've seen that kind of roller-coaster ride before, and this is just another one of these.
bad news obviously tone
There is a very bad tone to this market. There is no leadership. There's obviously a lot of bad news out there and a lot of disillusioned investors.
closed market opens stocks
When (the TSX) opens after being closed while the U.S. market was open, all the inter-listed stocks get adjusted.
affect anxiety badly beginning bit creep ford gm shares
There's a little bit of anxiety beginning to creep in about earnings. We know how badly the carmakers like GM and Ford are doing, and that will affect shares of suppliers here in Canada.
bit market
This market is a bit of a roller-coaster market. It's up one day and down the next.
bank montreal prime wedding
The whole bank has been set up for a wedding if we do get these bank mergers. Bank of Montreal would be the prime target.
hope longer opportunity provide swings term violent
I think this is something we live with on a day-to-day basis, unfortunately, and hope that when we get these violent swings they provide an opportunity for longer term investors.
attempt bottom fell few initial maybe people rally trying
Other than the initial attempt at a rally that fell flat, it's a nothing day. I think it's just a few people trying to bottom pick, and maybe some short-selling.
financial good park sector tough
If it's going to be a tough market, the financial sector is probably a good place to park some money.
consensus cut err might side
He doesn't want to err on the side of conservatism. The consensus is that he will do one more cut and then that might be the end of it for some time.
great investors knows patient quarter second
Investors have to be patient and bide their time. From what I see, the second quarter is not going to be that great and who knows about the second half,
approval banks cake icing waiting
These things are just small, tuck-in acquisitions. The banks are still waiting for the approval to merge. That will be the icing on the cake for them.
asleep looking market sound
The market is just sound asleep today. The TSE is looking for leadership,