Timothy Ghriskey
Timothy Ghriskey
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.
continue earnings few negative news number people positive potential sell short stock strong support
There have been few negative pre-announcements and a number of positive ones. Third-quarter earnings should be strong and that should continue to support the stock market. But there will always be pullbacks and volatility. There's always the potential for people to sell the news and you may see that in the short term.
continue earnings few negative news number people positive potential sell short stock strong support
There have been few negative pre-announcements and a number of positive ones, ... Third-quarter earnings should be strong and that should continue to support the stock market. But there will always be pullbacks and volatility. There's always the potential for people to sell the news and you may see that in the short term.
financial major obviously risk stocks worse
Obviously very leveraged to the financial markets, ... When stocks are going up, this stock should do better than the market. When stocks go down, it should do worse than the market. So, there is risk here. But, it's the most diversified of the major broker dealers.
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.
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.
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.
flow generally gut higher labor light news pick says stock volume
Volume is very light, and the news flow is generally light as well. After Labor Day, I think we're going to see volume pick up, and my gut says we're going to see higher stock prices.
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,
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.
break crude flat likely market oil result sideways stay stock time unless
Oil is likely to stay in the $40's and that is likely to result in a flat stock market for the time being, ... Unless crude can break out of that range, I think we're likely to see sideways trading.
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.