Paul Mendelsohn
Paul Mendelsohn
employment handle investors july june key next numbers week whether
I think a lot of investors want to see the July numbers and get a handle on whether June was just an aberration or a harbinger of things to come. The key next week is going to be that employment report.
advance bit continue few hit point resistance rise soon technical venture
I think the rise can continue a bit longer. We're going to hit some resistance soon from a technical point of view, but I venture to say that this advance could go on for a few more days.
fall quarter range
I think in the first quarter we'll fall back into the 1210 to 1246 range on the S&P 500.
antsy few mid next stretching weeks
It could get a little antsy in the next few weeks and stretching into mid January.
based happens higher intel looking major opening overnight quite suspect unless update
Overall, the Intel mid-quarter update was quite bullish. I would suspect unless something major happens overnight you are looking at a higher opening based on the Intel news.
intel quite update
Overall, the Intel mid-quarter update was quite bullish,
barrel crude last moving
The last thing we need is crude moving back to the $70-a- barrel level.
bottom bounce gone good hoping month position trading virtually
I'm hoping that because we've gone through virtually a whole month of selling, we'll be in a position to get a good bounce off of the bottom of the trading range.
beginning curve frighten yield
The yield curve is beginning to frighten people.
buying causing difficult figure lack market themselves traders
This is a very difficult market to figure out. I think you have a lot of buying under the surface, but professional traders are hedging themselves and that's causing this lack of volatility.
good intel selling
Intel is going to have to have a very, very good report, or we could see more selling in that sector.
confidence consumer good helping higher hopes report signs stock supportive today turn
Hopes for a good report on consumer confidence today is helping stock futures this morning. Any signs of higher confidence, which turn into higher spending, will be supportive to the markets.
approach good looks market send starting technical
The market looks good here on a technical basis, but you're also starting to approach some overbought areas, which could send us lower.
contend lead news oil open positive though
The market's been getting positive news from GM, oil and semiconductors. But we have the quadruple witching to contend with, which could lead to a lot of volatility, so even though we're up now, we could open anywhere.