Timothy Ghriskey
Timothy Ghriskey
asset cash favorable managers portfolio sitting sure tends today window
I think today is a day of portfolio window dressing, with asset managers making sure they don't have cash sitting around for the end of the year, which tends to be favorable for stocks.
continues hang interest rates
The pall of interest rates continues to hang over the market.
events issue market oil seems today
Overall, the issue for the market right now is oil. Today it seems to be about the events in Nigeria, but with oil it's been just one issue after another lately.
buying coming investors markets nor period seeing selling series sinister small smaller straight today ups
Markets don't go straight up, nor should they. What we're seeing today is very necessary. You want to see a series of small ups and smaller downs, with new investors coming back in and buying the dips. This period of selling is nothing more sinister than that.
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.
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,
economic either rally reports rest strengthen today undermine volume week
I like the rally today and the volume is good, but we still have a lot of economic reports to get through the rest of the week that could either undermine it or strengthen it.
consumers investor last picked retail saving seen
If the retail investor has picked up, as you've seen in January, that's a positive, in that you want consumers to be saving more and investing. But you never want to be the last one in and too often that's the case.
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.
yesterday
If you look at today, you've got to say yesterday was a sucker's rally.
changes coming fresh
Gorman coming over changes the whole landscape. It's a fresh slate.
biggest certainly concern consumer economy gas kept pump
I'd say the biggest concern right now is certainly oil. The gas pump is squeezing the consumer and the consumer is what has kept the economy going.