Todd Clark
Todd Clark
Pilot Speedwas a Canadian rock band that formed in 1999 in Toronto, Ontario. The quartet's debut EP, For All That's Given, Wasted, was released in 2001 which gathered attention from MapleMusic Recordings who later signed them. Their three full-length albums Caught by the Window, Sell Control for Life's Speed and Wooden Bones have since been released on MapleMusic Recordings in 2003, 2006 and 2009 respectively...
bit energy large pulling stocks
Energy stocks are such a large part of the S&P and even the Dow. That's what's pulling the indexes a little bit lower.
existing giving home number pull reason sales weaker
The existing home sales number was much weaker than expected. It's giving a reason to pull back a little bit.
above crude fact healthy last pulling run view week
We are pulling back a little bit, and I would view this as a pretty healthy consolidation, considering the run we had last week and the fact crude is still above $70 a barrel.
covering dipping economy fed last people seeing short worry
There would be a little short covering rally, but I don't think it would last too long. People would worry that the Fed is seeing an economy that's dipping back into recession.
Probably the most worrisome thing was the existing-home sales.
buy companies corporate demand front group improved people result surprised thinking trying
Most of the companies that have come out haven't surprised on the downside, ... People are thinking that there may be some pent-up demand on the corporate side, and as a result they're trying to buy that group in front of what may be some improved results.
found maybe nice seem
It doesn't seem like it's going to be all that robust. But maybe we found a nice level.
bit continuing crude drift given good looked mergers news people rates saw shoulder start
We got off to a good start off of the mergers and acquisitions news, but I think people just looked over their shoulder and saw rates continuing to back up and crude drift a little bit higher, and it's given them a little bit of pause.
reason stay
The problem, ... is there is no reason to stay long in to the weekend.
fears leading rate rekindled stronger
Leading indicators were stronger than expected. It may have rekindled fears of rate hikes.
hopefully maybe relief strong
Maybe we'll get a little relief rally, a little more upside, but not a whole lot, ... Hopefully I'm wrong, but we still have some strong headwinds here.
aggressive data economic lows october support
We're going back down to yesterday's lows and see if they hold. I think we're going back down to the October lows. The economic data doesn't support any aggressive buying.
again late pattern rally surprised tried type
This type of a pattern is actually pretty good, and I wouldn't be surprised if they tried to rally them back again late in the day.
definitely looking money start work
It's the start of a new month, and I definitely think there's money around looking to be put to work in stocks.