Tom Schrader
Tom Schrader
chicago consumer numbers sentiment
We've got some weighty numbers tomorrow, with consumer sentiment and Chicago PMI due.
certainly concerned consumer
Everyone's always concerned about inflationary pressures, and the CPI will certainly give us a hint about that on the consumer side.
confidence consumer enhance hopes labor market moving number strong ties
A strong payrolls number would be important for the market and could get the indexes moving as it would enhance hopes that the labor market is improving, which ties into consumer confidence and consumer spending.
action coming consumer energy investors less money morning news oil prices worried
They like the CPI news this morning and the action in oil markets, with oil down 2 percent. Investors are less worried about inflation, and with energy prices coming in a little bit, that will give more money for the consumer to spend.
confidence consumer definitely higher impact morning number oil prices shocked starting
The confidence number this morning was abysmal, and that's what shocked the market. The higher oil prices are definitely starting to have an impact on consumer spending.
confidence consumer earnings given impression lack morning negative people
The consumer confidence (index) this morning was better than expected, and the lack of negative pre-announcements has given people the impression that first-quarter earnings are going to be good.
economic gains gasoline less morning news unusual yesterday
We had such big gains yesterday that it is not unusual for us to consolidate a little bit. Then, oil's down but gasoline is up and that is counterbalancing each other. The economic news we had this morning was less than inspiring.
damage drifting east further houston less storm
The storm is drifting east, and the further east of Houston it gets, the less damage it is going to do to refineries in the Houston area.
broken continue drag finds market sell tends until
The semiconductor index right now is a broken index. Until it finds some support, it will continue to sell off and that tends to drag down the market as a whole.
ahead buyers lack meeting recent seeing selling today tomorrow
The selling today is long overdue after the recent rally. You're seeing a lack of buyers ahead of the Fed. You'll probably see more selling tomorrow as the meeting begins.
boston half managers portfolio quiet stay sure york
Things are going to be very, very quiet today, because I?m sure half the portfolio managers in New York and in Boston are going to stay home.
crude investors less market storm vulnerable
Crude futures are down as investors see the storm going in a less economically vulnerable area, and that's what has got the market rallying.
blue drop energy gasoline knocking maybe moving oil sector
Techs are moving a little and you have oil and gasoline down, which is moving the transports. The drop in energy is also knocking the oil sector lower, and that's maybe weighing on the blue chips.
greenspan hints interest rate size speed spin sure tends web
Sometimes Greenspan tends to spin a web when he's talking, so I am not sure how many hints he'll give about the size and speed of interest rate hikes.