Kate Warne
Kate Warne
Kate Warne was the first female detective in the United States...
continue cuts draw focused help instead market might move next tax today
We continue to have uncertainty because what he focused on didn't really help the market draw inferences about what next week's move is going to be. We thought today might give us a hint, instead he focused on tax cuts and other things.
above bigger company costs current cut efficient head looking shoulders suddenly ways
It's not so much that bigger is better. I think what you're looking at is a company that's suddenly head and shoulders above most of the other companies. And two very efficient competitors that have already cut a lot of their own costs and are now looking at better ways of going after their current business.
consumer cuts later picks retail sales waiting whether
Today's a day of waiting: waiting for earnings; after the retail sales report, waiting to see whether consumer picks up later in the year; waiting to see if OPEC cuts production,
beginning cut fed forecast increasing interest missing people percent rates seen worst
People are beginning to think that we've seen the worst of the pre-announcements and missing forecast news. There's also increasing speculation that the Fed will cut interest rates by one-half a percent on Wednesday.
canada cut higher interest last less likely nervous numbers people reserve watching whether
In Canada and U.S., people are watching for (inflation) to be higher then it was last month. In the U.S. everyone is just nervous about whether we're going to see numbers higher than anticipated because that would make the (Federal Reserve Board) less likely to cut more interest rates.
good news saw start
We saw really good news to start the day.
assess economy fact good market news reacting sector technology trying
It was a little choppy. It's the market trying to assess the good news we're getting out of the technology sector and, at the same time, reacting to the fact the economy is slowing.
almost good last people percent taken year
They are also up almost 40 percent year to date. So people may have taken this as the last of the good news.
benefit canadian companies continue gas gasoline oil prices producing supply
There will be supply disruptions for a while. As gas and gasoline prices spike, Canadian oil companies are positioned to continue producing as much as they can and benefit from the situation.
both decided everybody groups investing leaving needed overall push saw station stocks strong styles therefore trains
Right now we have two trains leaving the station and everybody decided that they needed to be on one or both ... therefore we saw very different investing styles push very different groups of stocks up and overall we have a very, very strong day as a result,
leaders tail turned
Pullback time. All the leaders turned tail and ran.
again begin buy chance fear people sell whether
People sell on fear and when they have a chance to look at the fundamentals, begin to think again about whether the fear they had really made sense and buy back in.
began bites good large lower maybe nobody people step taking today
People began to say 'I don't know if things will go any lower so maybe today is a good day to step in.' But I do think it's nibbling, nobody is taking large bites yet,
people putting stocks technology
So now we're getting not only the sell-off in technology but the sell-off in all the interest-sensitive stocks and every place else that people have been putting money.