Robert Philips
Robert Philips
enjoyment heights maybe optimistic percent rally rise slight
This is a slight pullback from the rally we've been enjoying. But, we're very optimistic for the remainder of the year. We think it's up, up and away. Not to the heights of the 90s, but maybe a 10 percent rise from here.
bit coming fed implies maybe move pause statement
I think we're a bit overbought right now and we may need to consolidate. But maybe if the Fed statement implies a pause is coming soon, we could move up a bit.
bottom corporate economic expected good half hanging maybe people reaction recovery second sick threat unsettled war worries
You've got the whole unsettled war threat hanging over us, a slew of corporate malfeasance, and worries that economic recovery won't be as good as expected in the second half of the year. But people are getting sick of this, which is the kind of reaction you have when a bottom is being set. So maybe that's one positive.
hike initially march market rate stock strong until
The stock market initially got pretty spooked by the strong March payrolls number. At that time, the futures market was signaling no rate hike until November. Now, it's signaling August.
broke call conference group left momentum people tech texas
Texas Instruments' conference call left people pretty cold. That broke the momentum of that group and has spilled over into other tech stocks.
talked within
We've talked to him about opportunities within our cluster. It's really in Steve's court.
ahead classic commit good market news next people seen standpoint summer technical week
From a technical standpoint the market is in a pretty good place. But I think it's a classic summer Friday, and people don't want to commit too much after the week we've seen and ahead of all the news next week.
few higher move next run start stocks weeks
My sense is that we're going to keep consolidating over the next few weeks after the kind of run we've had. Then you could see stocks start to move higher again.
bond concern condition low market profits response risks seeing traders
On the day, you're just seeing traders take some profits in response to an overbought condition after the rally, but longer-term there is a real concern about the bond market being at a 45-year low and the risks of deflation.
affected bond concerns materials neutral obviously oil stocks today
The PPI today obviously affected the bond market. Stocks are more neutral right now in that you have oil stocks, materials and drug stocks doing well today, and that's countering the concerns about inflation.
affected bond concerns materials neutral obviously oil stocks today
The PPI today obviously affected the bond market, ... Stocks are more neutral right now in that you have oil stocks, materials and drug stocks doing well today, and that's countering the concerns about inflation.
anywhere beaten bit days far good issues lots meaningful people stocks until
We've had two days of pretty good rallies and now there's a bit of consolidation. We're not going to go anywhere meaningful until lots of these issues get resolved. When stocks get beaten down far enough, people get interested.
broader company extent good means news people pressure remains reports stocks
To the extent that there remains pressure on stocks even when the company reports some good news means that on a broader level, people don't want to own anything right now.
difficult negative news past people seems soon stock week
It's been a difficult week or two for the stock market. It seems like as soon as we get past one thing, we have another. Overall, it seems the confluence of negative news is making people jittery.