Robert Pavlik
Robert Pavlik
bit bring brings business feeling good half helped last pepsi report sales start year
If Cisco can start to bring their business around and have a good report after not doing very much of anything for the last year and a half or so, I think that just brings a better feeling to a bit of an oversold market. The Pepsi report helped a little bit and McDonald's sales performance.
coming data economic federal feeling good market minutes reserve
The market is still feeling good after the Federal Reserve minutes yesterday. Between now and the end of the week, we have a lot of economic data coming out.
concern continuing data economic gotten high market morning oil pulling ride stocks
The economic data out this morning was decent, but there's some concern about continuing high prices. Oil may be pulling back, but oil stocks are still pulling the market down. It hasn't gotten overdone, but we've still got profit-taking today. We don't have any catalysts yet so we'll ride this out.
claims coming confidence durable earnings economic given good goods news orders
The earnings news has given us a little confidence and there was good news on the economic with durable goods orders and jobless claims coming in a little better than expected.
durable fast goods growing growth industrial matter number people scare sector stocks
The durable goods number will matter more to industrial stocks like Boeing and Caterpillar. People want to see if the growth in this sector is continuing, but they don't want it growing so fast that it will scare the Fed.
bond both facing federal increases interest likely march mean negative rates report reserve since view
The market, especially the bond market, will view the report as negative since it will likely mean that we are facing at least two more increases in interest rates by the Federal Reserve at both the March 28 and May 10 meetings.
draws higher interest levels market
The market being at these higher levels draws interest in and of itself.