Steve Neimeth
Steve Neimeth
aggressive calmed came commented concerned consumer fed inflation price raising seem
The Consumer Price Index came in 'in line' with expectations, which calmed investors. And the Fed commented that they're not particularly concerned about inflation and that they don't seem to be any more aggressive in raising rates.
consumer corporate expecting growth higher intel investors offset potential spending weakness worry
The worry with Intel is many investors are expecting higher corporate spending to offset potential weakness in consumer spending for GDP growth this year.
beat believe bottom consumer december extremely healthy retail sales sentiment spending
Bottom line, the consumer is extremely healthy and sentiment is good. I believe they will be spending heavily this year, and that December retail sales will beat expectations.
bad call
You can call this the good, the bad and the ugly.
consumer corporate expecting higher investors looked numbers offset potential spending ugly weakness worry
IBM's numbers looked very good. Intel's the ugly one because the worry is many investors are expecting higher corporate spending to offset potential weakness in consumer spending.
corporate driver energy higher inflation prices profit
The No. 1 driver for equities is corporate profit growth. Inflation is subdued, which suggests higher energy prices are not trickling through.
best economy obvious picture seems
The big picture is that the economy is accelerating and we live in a consumer-driven economy. It seems pretty obvious what the best way is to play this.
closely division imaging key looks margins overall underlying watched
It looks like each underlying division was very strong, especially the closely watched imaging division, which is the key to the valuation of the company. In addition, overall margins were better.
cash economic energy investors looks markets news relatively seems surprising today yesterday
It looks like a lot of investors made quarter-end adjustments yesterday as they put cash to use at the quarter's end. Today it seems like the economic news wasn't particularly surprising and the energy markets were relatively flat.
affects becoming bonds concerned consumer global higher impact investors rate rates seeing stocks
We're seeing global rate increases, which is having an impact on global bonds and that affects stocks here. American investors are becoming more concerned about how higher rates will affect consumer spending.
continue continues data economic market rally
I think the market will continue to rally as the economic data continues to improve.
balance chance decent happened interest last later lower market moved rates sheets stocks three time trading
Trading at 15 times earnings, that's happened only three times in the last 10 years. Later in those same years, stocks moved up to 20 times earnings. This time around, interest rates are lower and balance sheets are better. Historically, the stock market has a decent chance to move higher.
companies hugely market people positive reporting short surprises tomorrow upside
This is hugely positive for the market tomorrow -- two bellwether companies reporting big upside surprises in a market where people are heavily short and pessimistic.
approach last people taking
People are probably taking a wait-and-see approach before the Fed, and the market's taking a breather after last week.