Tom Schrader
Tom Schrader
increased volatility worse
You're going to see increased volatility through the end of the week, and it's probably going to be even worse Friday,
certainly positive spin stock time
Any time a big stock like Honeywell is up 6 percent, that's certainly going to put a positive spin on the market.
drift earnings meat summer tough
Augusts are tough months. We've pretty much got the meat of the earnings out of the way, and now we've got to drift through the summer doldrums.
drift earnings meat summer tough
Augusts are tough months, ... We've pretty much got the meat of the earnings out of the way, and now we've got to drift through the summer doldrums.
implies positive thinks
Acquisitions are always positive because it implies that someone out there thinks something is undervalued.
anxiety certainly creating oil
Oil is certainly creating some anxiety in the market.
bright certainly combined company economic factor interest lack markets negative oil series stock
Oil is always a negative factor for the markets and that, combined with lack of economic data, is contributing to a lack of interest in the stock markets this morning. On the bright side, the series of company upgrades is certainly welcome.
higher inventory oil pushing taking whipping
They're taking oil higher because of the inventory numbers, ... but the thing with oil is that there's a lot of whipping and sawing in the oil pits, a lot of things pushing oil around.
employment euphoria fact friday oil prices saw seeing
I think you're seeing a continuation of the euphoria we saw on Friday with the employment numbers, and the fact that oil prices are down again.
bit claus santa sure
I think we're still going to get a bit of a Santa Claus rally. But I'm not sure how substantial it's going to be.
earnings expected maybe meaningful people sitting waiting
I think a lot of people are sitting on their hands, waiting for a little more meaningful earnings reports, ... Alcoa was better than expected and we have GE earnings at the end of the week, so maybe that will give us some direction.
dollar everybody iraqi kept loves meeting military morning news rally today
I think the rally got started by news of the super-secret meeting with the Iraqi military this morning and just kept going from there. Everybody loves equities and the dollar today and everything else is down.
busy earnings economic impetus last later less move news today until week
Last week was very busy and I think today there is less impetus to move. There's no earnings news, no economic news until later in the week, and so there's nothing really to move us.
certain hints investors jump phase positively reacting saddam seem
I think investors are reacting positively to what's going on right now, with this new phase of the war. The more certain investors are that things are going well -- and they seem to be going very well -- the more hints we have that Saddam may be dead, the more investors are going to jump in.