Jon Brorson
Jon Brorson
came concerns gains good inflation investors might opportunity reports start stocks
We might start the day with some gains in stocks on the back of the good reports that came this morning. But with concerns over oil, and inflation down the road, investors may take the opportunity to take some profits.
coming maybe money seems start work
It seems like maybe some new money may be coming to work at the start the new quarter.
companies earnings hear investors last putting seems start stock waiting week
It seems the confluence of events, with Delphi, and the week you had last week, you start out here pretty tepid. I am not putting much stock in what the earnings are, but I think investors are waiting to hear what the companies would say about the outlook.
acting crude falling positive price thanks
Energy's acting well even with the price of crude down thanks to the Exxon upgrade. That's why we're falling more on the positive side.
consumer crude darn energy horrendous negative price sector sentiment strong
Energy has been pretty darn strong even with the price of crude down. In fact, the only real negative sector is consumer discretionary, because of the horrendous consumer sentiment numbers.
bounce hope key market quick rally support
I would hope that the market will try to rally here, and bounce off these key support levels. If it doesn't bounce real quick in this area, we could have some real problems.
I don't think its going to have much of an impact.
good
Caterpillar had good numbers. That's got to help.
federal gorilla king kong market remove sitting stocks work
Sitting on the market has been this 800-pound gorilla, King Kong of the Federal Reserve, and when you remove this gorilla ... I think stocks can work their way higher.
dollar earnings economy far trend
We got a lot of earnings and so far so good. The trend is going to be up, frankly, because the economy is chugging along, even with $74 dollar oil, amazingly.
bit equity last light market quite run three
We've had quite a run over the last three weeks, and I think the equity market is going to have a little bit of profit-taking, especially in light of a no-news day.
corollary curve mean recession seen yield
We've never seen a recession without the yield curve inverting, but the corollary is not true: Just because the yield curve inverts does not mean we're going to have a recession.
bad bear months small
It suggests we're looking, in the months ahead, at a correction. A big, bad bear market? No. But a correction, especially in small and mid-cap stocks.
bull business buy cheap cyclical market meaning means sell slow takes terror trading
It takes a long time, but because of inflation, world terror and a more stop-and-go business cycle, we think P/E multiples will be in a slow eroding phase, ... That means the market will be more of a cyclical trading market than a sustainable bull market, meaning you've got to buy when things look cheap and sell when they look expensive.