Timothy Ghriskey
Timothy Ghriskey
costs cyclical debt high risk takes taking wrong
This is a very cyclical business. If an acquirer takes on debt to do this, there is high risk in that. They could be taking on a lot of debt and restructuring costs just at the wrong time.
causing market move unlikely
It's not causing a sell-off like it has in the past, but it does make it unlikely the market can move a lot higher.
attention captured dire few issues last market trading weeks
The issues that have captured investors' attention over the last few weeks have cooled down, but they're still there. We don't think the market is in a dire situation, but we don't think we're in anything other than a trading range.
banks domestic economists gross growth investment lower product
the investment banks and economists may come out and lower second-half gross domestic product growth forecasts.
although fear federal forward inflation might months next numbers people reserve week worrying
The fear that's out there is forward looking, with people worrying about inflation and what the Federal Reserve might do in the months ahead. So the numbers next week won't help, although we do get a lot of earnings, which is good.
yesterday
If you look at today, you've got to say yesterday was a sucker's rally.
accounting confidence corporate couple days investor issues last loss market primary punished
I just think there's nothing that's come out over the last couple of days that counters the primary issues (that) the market has been punished for over the last couple of months, which is loss of investor confidence over corporate malfeasance, accounting and terrorism,
continue economy gains period saw stock strong support
Even if GDP is strong tomorrow, even better than the 6.0 consensus, you may not see a big stock reaction, ... As you saw yesterday, we're in a period where the economy should continue to support the stock gains going forward.
belief benign closer data fed helped inflation market
The benign inflation data and the belief that the Fed may be closer to the end than had previously been thought has helped the market this week.
both christmas consumer dominates good obviously pc software
It obviously still dominates the software space, and we think it's going to be a good Christmas in the PC sector, both for the consumer and for business,
depends earnings far internal investment performance toughest
The brokerage earnings are by far the toughest to predict, because so much depends on how their internal investment performance was.
business reported stock strong
That part of their business was very strong in the previously reported quarter, and that's why the stock is rebounding,
book certainly economic looked next numbers report
CPI is certainly the big economic report of next week. The Fed's beige book and some of the manufacturing numbers will be looked at as well.
coming continue earnings economic estimates fourth increase longer reports seeing selling start strong support
Earnings have been coming in by-and-large at better-than-expected levels. But a lot of that has been priced in, and so you're seeing some selling on the news. But the profit-taking is short-term. Longer term, we should continue to see strong economic reports that support the rally, and we should start to see analysts' estimates increase for the fourth quarter.