Peter Chandler
Peter Chandler
continue expand growth looking ma mother pursue strategy underneath
out from underneath Ma Bell's skirt, able to continue to expand and pursue their growth strategy without having a big mother looking over.
beyond bump earnings focus looking market months recovery several short starts surely term until
We're just about through the earnings season. We have to go through this bump and grind. I think it will probably be like this for several months yet to come, until the market starts to focus on looking beyond the short term to the recovery that surely will follow.
basically canadian conclusion definitive direction flat looking market
The Canadian market is basically flat on the day. There's not a whole lot of direction from the markets. I still think that the market is looking for a definitive conclusion out of the U.S. election.
again banks continued earnings looking season street strong
It's earnings season for the banks again and the Street is looking for continued strong numbers.
care everybody headlines supposed
Why does everybody care so much? I know it's going to be on the headlines but I don't know what it's supposed to mean.
good investor seeing sentiment sort turn
What is good is that we're seeing a real turn in investor sentiment to the negative, and you need that before you can get any sort of a bounce,
bound goes pulling stocks surprising thinking time
What goes up will come down. Thinking about how much they've come up, these things are bound to see some profit-taking from time to time. It's not surprising that some of these stocks are pulling back a little bit.
border data economic good industrial problem products side south weight
We had the good economic data south of the border but the problem on our side is the weight of the industrial products sector,
acute call earnings next period turning warning
We're turning into the most acute period of what I would call the 'early warning season' for the next quarterly earnings announcements.
basis fall free market morning overnight point suspicion
My suspicion is that on a short-term basis the market was oversold. It got spanked this morning with Nokia from overnight and the free fall (in Nokia stock) has stabilized to come back a point off its low,
dynamic lows meaningful rally saw test
But the probability is that we still have to test the lows that we saw in July, and that should set up a much better dynamic for a more meaningful rally going into the end of the year.
continue economy evidence expectation reasonable seeing slowing
So if we're seeing incremental evidence now of the economy slowing down, then we should have a reasonable expectation to continue to expect that to happen.
certainly damage gone number obviously popular serious support
Obviously some serious damage has been done to the market. We've gone through some important support levels, certainly with a number of the popular averages.
activity basis expect gives low market short term time yesterday
We made a new low on the Nasdaq yesterday and on a very, very short term basis it's oversold and I think that we can expect this kind of activity from time to time where the market gives us some relief, some bounce.