Timothy Ghriskey
Timothy Ghriskey
buyers certainly good last opportunity provided week
We've had some very good earnings. Certainly the sell-off we've had in the last week or so has provided an opportunity for buyers to come back into the market.
building calendars certainly clear coming fact favor highly historic market related seen since somewhat stock styles technology valued volatile wrong
We've seen a very volatile stock market since February. Different styles and sectors, like technology or financials, coming in and out of favor with no clear direction. There's nothing really wrong with techs. They are certainly somewhat highly valued by any historic measure, but probably not as highly valued as they were in February. We think, actually, come the fall, we could see a big tech rally, and that would probably be related to the fact that the IPO calendars are really building at the big underwriting firms, the big broker dealers.
august bit certainly direction fed influence market meeting summer time vacation
I think the August Fed meeting is a big overhang. And certainly the direction from that meeting will influence where the market goes. We could get into a bit of a summer doldrums here with August looming, from vacation time and all of that,
action bad certainly days last lows market news prospect september several
The prospect of nearing the September lows is propping up the market. Certainly the news was bad last night, but the market action over the last several days has been more positive.
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.
august bonds certainly helped market money moving oil recent retreating stocks support
Oil was down a lot on the day and that certainly helped the market to support recent gains. There's also money moving from bonds to stocks here, with bonds retreating after the August run.
certainly economic improvement paper pulp stock
This is a pulp and paper stock, which is very leveraged to economic improvement, ... That's certainly a stock we like a lot.
above certainly crude dominating market moved oil pulled today
Oil is certainly dominating the market right now. Yesterday, crude moved above $60 but then pulled back by the close. Today you didn't see that.
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.
across crude impact market oil price reflected reverse saw
We saw crude reverse from the morning, and the market rises. The price of crude oil has such an impact across the economy, and you see that reflected in the market.
concerns height litigation seen track
We think we've seen the height of the litigation concerns here. We think we're on a down track here,
assets help sell trying
We think they're out there probably trying to sell this business, ... That's going to magnetize some assets and help this company.
bounce concerns correction february huge looking market monday partly response run weak
We had a correction, partly because the market had this huge run and everyone was looking for a correction, and partly in response to the weak February payrolls number. We had a bounce off that correction Monday and Tuesday, but concerns remain.
again good leading market relative sector seeing seen sign strength technology
Yet again we're seeing relative strength in the technology sector and we've really seen this for about a week. Big Tech is leading the market and that's a good sign for that sector.