Tony Dwyer
Tony Dwyer
buying decline lack limited market percent pull rally selling total
We could pull back a bit, but it will be limited to about a 5 percent decline and it will be quick. This market rally has not been about buying interest, but about the total lack of selling interest.
bad brings cnn figure fox happen market means msnbc nobody picture stream takes technical totally
Nobody can figure out what's going to happen with the market -- they're all guessing. Let's say CNN or Fox or MSNBC brings up a picture of a GI in a bad situation. The market takes a dip. Is that a fundamental or a technical move? No, it's a war-driven, live-video stream move, which means it's totally unpredictable.
beaten companies corporate economic economy expecting market negative news picture profit reports weak
We've had a market where negative news on the economy and the corporate profit picture have dominated. Companies may have beaten lowered estimates, but we're expecting weak economic reports this week.
bit good market moderate normal pace profit run taking time
Nothing for the time being suggests more than a moderate pace of rate hikes. There is a bit if nervousness out there. The other thing is that the market has had a good run and this is a normal pullback with a little bit of profit taking going on.
everybody market next people
This is a market where too many people have already bought. Everybody is already in, so who's going to be the next buyer?
act alone christmas coast consumer dispute enter fact force market number retailers season shopping suffering west
That fact alone could act as a stabilizing force for the market this week. The U.S. consumer has been the linchpin of this economy. So this number doesn't bode well, especially as we enter the Christmas shopping season and retailers are already suffering because of the West Coast ports dispute .
becomes direction environment everybody looking market negative sentiments street wall
Investors, analysts, everybody that has anything to do with Wall Street is looking for the market to go down. And in that environment the sentiments becomes so negative that there is only one direction that the market can go, and that it up.
bear bounce bull caught deer everybody instead market markets occur sharpest
Instead of being a new bull market starting, this is just an oversold bounce from the downtrend, ... The sharpest rallies occur in bear markets and right now, everybody is like a deer caught in the headlights.
continue earnings inflation instead market moderate numbers rate worrying
Instead of worrying about this quarter's earnings and the rate hike, let's look at 1998 now. Let's see what the kind of earnings we can have then. If there's no inflation in moderate growth, those numbers could come in very good, and the market can continue upwards.
advance constantly decline far fast gone hear indicator longer major market stay time
I constantly hear the market can't keep going higher, that this advance has gone too far to fast and that a major decline is imminent. But every time I try to find an indicator to make me want to sell, I find something that makes me want to stay long and get longer instead.
expected happens higher markets morning reflection relief shortened today trading volume
The futures are higher this morning because the markets don't really see anything happening. If nothing happens we'll probably get a relief rally. Today is a day of reflection for everybody. It's also a shortened trading day, so volume is expected to be light.
couple days depression driven improving looks market poorly rally recent street three wall weeks
The market has done poorly over the recent couple of days and weeks. Three weeks ago, the fundamentals were improving and all was well with the world. Now there's depression back on Wall Street and it looks like the 'Santa Claus' rally is not going to happen. Having said that, this market is also driven by emotion.
buy certainly cheapest fits individual instead internet rather relative store street theory
Our theory in the Internet is buy the street, not the store, ... We'd rather own the street instead of just an individual store on the street. And Earthlink certainly fits that bill. And again, relative to the other stocks, it's the cheapest in the group.
business companies excellent fare given internet subject sun technology type
Technology should fare real well, given all the business being done on the Internet right now. Those subject to the Internet, like a Sun Microsystems, those type of companies should have excellent earnings.