Mark Bryant
Mark Bryant
basically continuing few last options rally sort stealth
It's basically an options expiration push, and it's continuing this sort of stealth rally we've had for the last few weeks.
bear please
This is hard, so please bear with me.
labor pick volume
After the convention, after Labor Day, volume should pick up and we'll go from there,
concern conviction economic growth pace summer tough
There's no conviction out there, ... There's a lot of concern that the pace of the economic growth is slowing, and summer is just a seasonal tough time.
gaining hard keeps oil seem
Oil keeps gaining and it doesn't seem to want to stop, ... It's hard to get any (stock) traction when that's happening.
certainly oil passed people talking uncharted
Oil is certainly not helping, ... We passed $50 a barrel, and as to be expected, people are now talking $60 or more, which is uncharted territory.
far market reason showing trade
The market has every reason to trade down, and so far I think it's showing some resilience,
basis concerns earnings excuses good growth higher historic interest money people rates remain rise seeing willing
The concerns are still there and they will continue, but people are willing to find good excuses to put money to work, like yesterday, with all the good earnings, ... Interest rates remain at historic lows, so even if they rise 50 or 100 basis points, if we keep seeing double-digit earnings growth each quarter, the earnings will outpace the higher rates.
case factor half mill
The half mill was a hedge factor in case of emergency,
below bounce fell few gotten market mental nice
The market had gotten pounded for a few days, and the Dow fell below 10,000 Monday, which still has some mental significance, ... So we're getting a nice bounce today.