Terence Gabriel
Terence Gabriel
coming earnings market numbers reporting stocks tendency
Especially with the numbers actually coming out, the tendency for this market has been to get out of those stocks reporting earnings a day or two before the report because after they report, it's going to be downhill.
box companies demand either equipment goes market pc produce software tied
So much of the market now is tied to PC demand and all of the other companies that produce equipment that either goes into a PC, into the box or the software which makes them run.
fear market outweigh weather
Downgrades outweigh upgrades and fear outweighs greed. This is not a market that can weather uncertainty and it's been pretty brutal.
affects bad bear certainly concerned deal east issue leads market middle negative news oil people phase prices saturday worse
We're in a bear phase here, and certainly any kind of negative news out of the Middle East that affects oil prices is going to be another issue that the market is going to have to deal with. Obviously, some people are very concerned that one thing leads to another, and then you get a bad news one day, and worse news Saturday kind of thing.
across companies deliver growth market news pc revenue ripples sales showing unable view
When PC sales are showing weakness, it ripples across technology. You have to view it as very worrisome news when companies like Dell are unable to deliver on revenues. It really is a market that has transitioned to where revenue growth is more important than earnings.
behaving earnings forward market reports year
I'm not very enthusiastic. I think the market is not behaving well as a whole. There's just a lot of trepidation about earnings when you look forward into the new year when the reports come in January.
area best both chip equipment longer looking makers market term
I do think, though, longer term the semiconductor area, both equipment makers and the chip producers, is probably the best area to be in this market looking forward.
buying market questions reason resolve
I don't see any reason for buying when there are so many questions about earnings. There's not a lot of resolve here and the market doesn't have a lot of zing to it.
forward looking market neutral stance
The market is still looking forward to discounting a neutral stance by the Fed.
gotten market matter people rotation saying stay
The market has gotten pretty oversold for the short-term but it's not a full-fledged meltdown. There's so much rotation going on with people saying they will stay in the market no matter what.
ahead april closed earnings expect high market october quickly reported shift tend volatile
In January, April and July, the S&P 500 and the Nasdaq have closed down when earnings are reported but they tend to be better ahead of earnings so I don't expect October to be any different. It's a very volatile market and things shift very quickly but the expectations are just so high ahead of earnings.
concern energy far forward looking numbers october people
There's still a lot of concern about energy prices. People are already looking forward to the numbers in October which are going to be potentially far worse.
along believe bought consumer economy february investors losses moving obviously sitting slow spending stock stocks though volatility
We don't yet believe that consumer spending is going to slow dramatically even though there has been a lot of volatility in the stock market. Obviously there are a lot of investors out there who were sitting on big losses from stocks they bought from February through March. But we still see the economy as moving along strongly.
absolute negative reached sentiment suggest
It does look like we reached a shorter-term capitulation but I don't think sentiment ever got negative enough to suggest an absolute low.