Ken Tower
Ken Tower
breakout continues lots market move quite stocks strong technology
And Wrigley has been very strong for some time, continues to move higher, ... Just had another breakout to a new high. There are lots of stocks in this market that are doing quite well. They just aren't technology stocks.
companies correction earnings good investors move seen
When the companies actually come in with their earnings announcements, we're going to move a lot higher. I think when investors look through the rubble after the correction we've seen they are going to find some real good values.
fully hold lower lows market move sign strong turnaround
I'd like to see the market turnaround right here, hold Friday's lows and move higher, ... If we don't hold (the lows) it's a real strong sign that you got to take this market lower to get it fully oversold.
clear move sending signal wants
I think the market's sending a very clear signal that it wants to move higher,
markets money moved
They haven't so much moved their money out of the markets as they have moved it from one place to another.
compelling correction investors likely money month move reason sidelines traders
The correction is likely to go on for another month or two, ... before there's really a compelling reason for investors and traders to move more money from the sidelines into the markets.
front happening telling
What's happening in front of us right now is discouraging, but the market's telling us that these will be short-term disruptions.
business cycle slowing
I see the whole business cycle slowing down.
current good historical market next pattern signs suggest trend weakness week
I see no signs of weakness in this market at this moment. The historical pattern and the current market trend suggest to me that next week will be a good week for the market.
bad erased good ibm impact news piece rally sector spark tech
The whole tech sector jumped after the IBM announcement and it may spark a rally tomorrow. But it's one piece of good news. Could the impact be erased by a subsequent piece of bad news between now and tomorrow? Sure.
almost face factor major nervous people trouble
These are things that people can be nervous about and, yes, they're concerns. But let's face it: the world has trouble almost every day. It's probably not a major factor for our market.
balanced below cost employment encourage federal maintain meeting next reserve
Employment cost is below expectations, which should encourage the Federal Reserve at next week's meeting to maintain a balanced approach.
dismal eye investors july news though
Even though the news has been dismal this week, investors have to keep an eye on the July Lows.
double july market optimistic since
Technically, we've been very optimistic about the market bottoming out right now. Since the July lows, this is a double bottom, so we're still very optimistic,