Timothy Ghriskey
Timothy Ghriskey
early focused holiday january reports season
What we'll be focused on in early January will be more reports on how the holiday season went for retailers.
early good january reputation time year
I think early January should live up to its reputation as a pretty good time of year for stocks.
begin continue depend early earnings economic estimates evidence fact judging july less market move negative recent start
I think we can see the market continue to move up through the summer, but it's going to depend on the earnings and the economic news. We should begin to see some evidence of an economic pick-up in the July data, which will start to come out early August. Second-quarter earnings look to be favorable, judging by the estimates and the fact that there have been less negative pre-announcements than in recent quarters.
bringing correction early highs level market reached seems since stock
I think we've had a pretty significant correction in the stock market since the highs in early March, and we've reached a level that seems to be bringing in 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.
bit earnings economy higher improving justify lifted markets mood positive proof stock summer translated
We're into a bit of the summer doldrums. There have been a lot of positive earnings surprises, but the anticipation of that has lifted markets for months, with little proof that the economy is improving enough to justify those earnings. So the mood is more upbeat, but that hasn't translated to higher stock prices.
seeing
We're seeing a pullback really just from yesterday.
high hit remember seeing selling
We're seeing a little selling today, but I think it's important to remember that we just hit an 18-month high on the Dow, and so we're going to see a little pullback short-term.
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.
beyond bond both initial issues morning number rally range remain stock stuck until
The CPI number this morning sparked a rally in both stock and bond markets. But beyond the initial reaction, I think we're going to remain stuck in this range until other issues get resolved.
beyond bond both initial issues morning number rally range remain stock stuck until
The CPI number this morning sparked a rally in both stock and bond markets, ... But beyond the initial reaction, I think we're going to remain stuck in this range until other issues get resolved.
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.
boost earnings market seem
It doesn't seem like corporations want to boost their earnings projections as much as the market would like.