Timothy Ghriskey
Timothy Ghriskey
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.
bias consistent continues cyclical exception last technology
The Dow continues to outperform, ... This cyclical bias has been pretty consistent the last two weeks, with the exception of yesterday, when technology was participating, too.
might oil shows strength underlying
The Dow and S&P are down because of Pfizer and the pharmaceutical sector, and oil is still a factor. But the indexes are not down as much as you might think they would be, which to me shows some underlying strength is still in place.
ahead decide earnings expected few growth traders unusual year
The fourth-quarter earnings are expected to show growth from a year ago, and there have been very few pre-announcements one way or the other, which is positive, ... But it's not unusual to see this kind of choppiness as traders maneuver around and decide what they want to be in ahead of the earnings.
alan benign chain consumer far greenspan price remained supposedly watches
The chain deflator is something that (Fed chair) Alan Greenspan supposedly watches closely, and it has so far remained pretty benign even while the consumer price index has risen,
avoid buy company small stock
The company he envisions is small enough to avoid antitrust issues, but big enough to be a real player, ... I'd buy stock in that kind of company.
business cautious companies conditions current economic economy few future impact impression improving last might onto rather seen taking trend
The impression is that corporations are being increasingly cautious in their projections for the first quarter, which is a trend that you've seen for the last few quarters. I think the companies are taking current economic and business conditions and projecting them onto the future earnings, rather than incorporating the impact the improving economy might have on earnings.
few market surprising trend
The long-term trend of the market is upward, but it's not surprising that we had a pullback for a few sessions.
earlier rally ran saw yesterday
The little bear-market rally we saw earlier and yesterday just ran out of buyers.
bit correction early january might quiet stocks
You could see a bit of a correction in early January on the stocks that have done really well in this end-of-2004 rally. Otherwise, you might see a quiet period.
bad economic good interest market number people worry
The market can find something good and something bad in every economic number. If the number is strong, that's a positive, but if its really strong, people may worry about interest rates.
continue economic help improving looks main news steadily
The main thing is the economic news looks like its steadily improving and that should continue to help stocks.