Richard Cripps
Richard Cripps
change consistent earnings fairly key laid picture remains timeline
GE has laid out a fairly consistent earnings picture and the key will be to see if its timeline remains intact. Any change from that will be news.
beginning commentary companies earnings generally last looking month quarter talk third weeks
Analysts generally can talk to companies during the first two weeks of the last month of the quarter so what we'll be looking at is the beginning of the earnings pre-announcements or commentary for the third quarter.
fact good incredible investors levels markets miss rally
The markets are getting oversold and typically you're at levels where markets that are this oversold can have pretty good rallies. I think investors are cognizant of the fact that things are weak, but they also don't want to miss an incredible rally if one occurs.
area clearly confidence fed financial higher hikes key pattern performing rate stocks watch
The key area to watch is what financial stocks will do. They've been performing well and it's clearly a pattern of higher highs. If they take this (interest rate hike) well, my confidence that we're getting to the end of these Fed hikes will increase.
current fairly goes performs poorly technology time upside view
I'm of the view that the Nasdaq really goes into a consolidation, and historically, for technology, it really performs fairly poorly in the April-to-June time frame. So my view is that Nasdaq, on the whole, pretty much always goes into a consolidation pattern, not much upside from the current level.