Paul Mendelsohn
Paul Mendelsohn
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.
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.
coming continue earnings energy gold market news prices problem
The big problem for the market has been the news flow. Energy prices continue to rise, gold prices continue to go up and earnings are coming in very mixed.
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.
adding clear compared continue economic employment entering growth jobs number people possible previous stay time
It's clear that employment growth this time around has been sub-par compared to previous economic recoveries. You need about the number of jobs that we're adding now just to stay even with the number of people entering the economy. It's very possible that we're going to continue to see sub-par growth.
attention certainly gold paying prices traders
It's interesting to see gold prices so high, it is certainly something traders will be paying some attention to.
barrel crude last moving
The last thing we need is crude moving back to the $70-a- barrel level.
beginning curve frighten yield
The yield curve is beginning to frighten people.
break range stuck tight volatility
We're stuck in a tight range with a lot of volatility as we try to break out.
money move people profit taking
You probably just have some profit taking on people who've made some money on this move from 1,260 to 1,290 are on the S&P 500.
area building crack driven drop economic home large market portion powerful
This is the first crack in the home building area, ... Home building has really driven a large portion of this economic advance, and any drop in this area of the market would have very powerful ramifications for GDP growth.
begun coke money people recently seeing
People who have doubled or tripled their money have begun to look at the multi-nationals, ... You're seeing money go into the telecoms lately, some of the drugs are stabilizing, Coke was recently at a new 52-week high.