Tim Ghriskey Quotations

There are some high-profile upgrades this morning, and Exxon Mobil and Intel are certainly helping the market. Adobe earnings, the current account number coming almost in line, and the moderation in oil prices will be a positive on the market.

Given the spike in oil during the third quarter, I think we're going to see higher oil costs in manufacturing companies and lower sales in consumer companies from oil squeezing out other purchases.

GM's announced cut both to the dividend and to executive pay is not a big surprise. Cuts like this were important to negotiations with the unions for similar types of cuts in unionized pay structure.

His speech was really focused on real estate. But then again if his comments cause some money to come out of the housing market and some money to come out of the credit market, where does it go? It probably goes into the equity market.

It certainly has worked for Wal-Mart and Target. Sears has a good chance at making a name in those businesses and capturing some share, but it's not going to be overnight.

I think the market won't react positively to it, but I think it is much ado about nothing.

I think the big thing is the second quarter sales and earnings being below expectations.

It is a stock that has the potential to disappoint.

It is an oil day. Oil is over $68 now and that, combined with a very hawkish statement from the Fed, is weighing on the market. Energy prices at the gas pump are impacting consumer spending and its impact is reflected in AutoZone's earnings and Avon's profit warning.

I think there is a growing perception that the next move by the Fed could actually be to ease -- in other words, lower rates. Now, we're not going to see that certainly before the election, but we could see it late this year, early next year. I think as that perception might spread through the markets and become the consensus, we could actually see a rally in technology stocks,

People are already reeling from high prices at the gas pump. I think they're going to be reeling even more from higher heating costs.

Retailers are trying to push holiday sales early -- before those first big heating bills.

Regardless of the outcome of this case, today's ruling is going to mean a market share loss for Blackberry and a gain for Palm.

We don't think it does (change the pace), but it raises some uncertainty and the stock has sold off in some profit taking. This is a nervous market environment.

There are a lot of investors we find who are hanging on to technology stocks with the hope that they're going to rebound, and that's still a very dangerous thing. We really need the capitulation of those investors. So we still could see more downside on the Nasdaq and in technology.

When a company selling at this valuation and is this much of a Wall Street darling, and what we call a cult stock, misses earnings to the degree it missed here, the stock is really going to be hurt by it.

There has been very much a sea change of investor opinion here. We've gone from a period where the Fed was simply moderating growth to a period where the Fed is trying to restrain growth or even depress growth.

This should lead to a positive tone to the start of the market today and to the outlook for industrial earnings.

While it's certainly an industry issue, we believe Ericsson is having a hard time competing in networks against competition. That appears to have led to a major shake up at the top,

Even though this was a well-anticipated reversal... the market still has reacted positively to the ruling in pushing up tobacco stocks, because this removes yet another legal impediment to the survival of the industry.

Big positive surprise, especially in the face of the spike in oil prices in August.

Cuts like this were important to negotiations with the unions for similar types of cuts in unionized pay structure.

Earnings and revenue were both significantly better than expected.

There's still a lot of concerns about the impact of higher interest rates and energy costs weighing on the stock market. And after the rally in stocks we've seen this week, investors just took a pause.

The tobacco lawsuit being settled -- that's obviously impacting tobacco stocks.

It was an extremely strong quarter in a very difficult environment for the auto industry and really shows that the restructuring ... is on track.

It was another solid quarter by GE, in line with expectations and certainly optimistic about the outlook and environment playing into GE's strengths.

The stock market is a forward-looking beast, and that's why we are seeing futures dip lower even amid some very strong reports, such as the ones from financial institutions.

Technology stocks don't tend to do well in the summer. We could see that pattern repeat itself and technology could take the summer off and continue to drift down.

Techs have been underperformers during the month of December, especially the second half, so I think we're seeing some bargain hunting within technology.

Delphi is weighing on the whole automotive industry. More people want to move money out of that sector, and the situation is not going to get better any time soon.

Delphi is weighing on the whole automotive industry,

Companies are beginning to warn investors that despite this quarter's solid results, what comes ahead will not be so stellar,

Companies are beginning to tell the markets they are going to take a hit from both Katrina and higher oil prices. Demand for stocks in the short term may slow down.

The big thing is the second-quarter sales and earnings (forecast) being below expectations. It's not going to be greeted favourably in this environment.

This is essentially re-creating the old AT&T. But in this environment, the industry has been so weakened, with so many competing technologies, it's a very, very different world now.

A lot of the higher-margin products are doing well.

They are spending heavily to encourage future growth. They've got a lot of competition. Their competitive edge is their brand name and shopping experience.

This lends a positive tone to tomorrow's opening, as well as crude being down significantly today.

Its valuation means it's priced for perfection and perfection was not delivered this quarter.

It's tax loss selling. I haven't heard of anything else.

It's taken a while to generate the real increase in trash levels that these companies benefit from. That's what we're finally seeing flow through here.

It's that upside guidance that really seems to drive the stock price in these situations.

It's basically good fundamentals, good pipeline, solid companies, ... They're defensive. They're not impacted by the slowing economy. And these are some of the cheaper names out there.

Earnings in 2006 will be influenced by a combination of higher rates, energy prices and perhaps even lower demand. The market is not excited with stocks right now.

It will strengthen two companies that aren't particularly strong. The industry needs that consolidation to make them stronger against competing technologies.

They continue to lose market share. Incentives didn't seem to really help the situation here. You have to wonder if the incentives are really the right way to go.

After the peak season ends, the fee increases will kick in and that will be a major driving factor in boosting earnings for the full year.

The Fed statement was clear about the likelihood of further rate increases. That outlook, combined with Dell's warning, was enough to damp demand for stocks today.

The Fed statement was clear about the likelihood of further rate increases, ... That outlook, combined with Dell's warning, was enough to damp demand for stocks today.

I'm definitely rooting for Detroit just because of that. You want to have any advantage you can.

Initially, the tax rate was a negative surprise. Estimates were at 26%.

Clearly Delphi is under pressure here, and their threat (of bankruptcy) is a real threat. Their first order of business is to try to renegotiate some of those (union) deals and terms to ensure the viability of the U.S. business.

GE's businesses are benefiting from the economic environment both domestically and internationally. But revenue did fall slightly below Wall Street's expectations, which is a bit of a disappointment.

GE's businesses are benefiting from the economic environment, both domestically and internationally. But revenue did fall slightly below Wall Street's expectations, which is a bit of a disappointment.

I don't think he can be a merchandiser. That's not his training. It's a real specialty.

I don't think he can be a merchandiser, ... That's not his training. It's a real specialty.

The jump in oil prices lifted shares in the whole energy sector. And we also had very strong confidence numbers, which helped support the rest of the market.

This is a competitive market. When a company selling at this valuation and is this much of a Wall Street darling, and what we call a cult stock, misses earnings to the degree it missed here, the stock is really going to be hurt by it.

This is a company where management is still committed to spending earnings to stimulate future growth and market share. You are betting with management that their efforts are going to pay off. Is there any guarantee? No.

The damage from the storm, both in terms of the physical damage and any human impact, was certainly less than expected so that should really bode well for the financial markets.

The focus is always on retailers on Black Friday, and early speculation is that concerns about early retail spending are overblown and that we're going to see a reasonable holiday season.

The guidance to a higher number for the year just shows that the core business is extremely strong and the company is confident that it continues to strengthen for the rest of the year.

The drop in oil prices is definitely positive for stocks. It takes some of the pressure off the markets, even if it is only for a short period of time.

All the efforts have been made to boost sales. But we aren't seeing much evidence of it. Energy costs are high and are squeezing out other purchases.